In the Long Run,products Fail Because of a Poor Match

question 90

Multiple Choice

In the long run,products fail because of a poor match between:

• A) advertising and personal selling
• B) limited resources and unlimited consumer wants
• C) the marketing mix and physical distribution
• D) product characteristics and consumer needs
• E) prices and consumer demand

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Definitions:

Perceived Environment

Refers to how individuals interpret or view their surroundings and the conditions within which they live or work, which can influence their behavior and attitudes.

Objective Environment

The external, observable factors and conditions that impact an individual or organization, independent of personal feelings or beliefs.

Open Systems

Open Systems refer to organizations or entities that interact with their environment, exchanging information, resources, and energy.

External Environment

Factors outside of an organization that can affect its performance, including economic, social, technological, and political conditions.