Which of the Following Statements About Environmental Forces Is MOST

question 91

Multiple Choice

Which of the following statements about environmental forces is MOST ACCURATE?

• A)Environmental forces are almost always controllable if the marketing department correctly scans them.
• B)An organization that incorporates the marketing concept can exert just as much influence on environmental forces as they can exert on that organization.
• C)Environmental forces consistently result in negative outcomes for an organization.
• D)Some environmental forces can actually enhance a firm's marketing opportunities.
• E)Environmental forces can almost always be predicted.

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Definitions:

Fixed Exchange-rate System

A currency value regime where a country's currency is pegged at a set value to another currency, a basket of currencies, or a commodity like gold.

Foreign Exchange Market

A global decentralized or over-the-counter market for trading currencies, facilitating international trade and investment.

Peg

Fixing the exchange rate of a currency by linking it to another currency or basket of currencies.

Fixed Exchange Rates

A currency system where the value of a country's currency is pegged to another currency, a basket of currencies, or a commodity like gold, minimizing fluctuations in exchange rates.