This Term Denotes the Awareness of a Company's Management of the Social,environmental,political,human,and

question 147

Multiple Choice

This term denotes the awareness of a company's management of the social,environmental,political,human,and financial consequences that its actions produce.

• A)Company policies and procedures
• B)The corporate culture
• C)Social responsibility
• D)Business ethics

Identify major sociocultural changes affecting the market.

Understand the influence of demographics on consumer spending.

Recognize the significance of external factors on the marketing environment.

Define consumer bias and its effect on international marketing.

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Definitions:

Karst Topography

A landscape formed from the dissolution of soluble rocks such as limestone, dolomite, and gypsum, characterized by underground drainage systems with sinkholes, caves, and disappearing streams.

Steep Pillars

Tall, vertical rock formations resulting from the erosion of surrounding softer material, often seen in high-gradient areas.

Tropical

Relating to or characteristic of the tropics, typically hot and humid climate zones between the Tropic of Cancer and the Tropic of Capricorn.

Cave

A natural underground chamber, generally large enough for a person to enter.