The Uncontrollable Forces in a Marketing Decision Involving Social,economic,technological,competitive,and Regulatory

question 121

Multiple Choice

The uncontrollable forces in a marketing decision involving social,economic,technological,competitive,and regulatory forces are referred to as

• A)the 5 Fs of marketing.
• B)environmental forces.
• C)business conditions.
• D)a marketing ecosystem.
• E)a business sphere.

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Definitions:

Comprehensive Image

An extensive or complete representation or perception of an object, person, or concept, capturing all its aspects and attributes.

Profitability

A measure of how much profit a company generates compared to its revenues.

Financial Plan

A comprehensive evaluation of an individual's or organization's current and future financial state by using known variables to predict future cash flows, asset values, and withdrawal plans.

Time Horizon

The length of time over which an investment or a project is expected to unfold or achieve certain goals.