Macroenvironment - Study guides, Class notes & Summaries

WGU C483 Principles of Management Questions and Answers 100% Verified Organizations that are affected by, and that affect, their environment. - Answer- Open Systems Goods and services organizations take in and use to create products or services. - Answer- Inputs The products and services organizations create. - Answer- Outputs All relevant forces outside a firm's boundaries, such as competitors, customers, the government, and the economy. - Answer- External Environment The immediate en...

Strategy is management's plan for operating the organization over the long term. Beckham (2016) describes strategy as a plan for getting from the present to a point in the future with uncertainty and resistance to change. With the dynamic changes that occur in the healthcare industry, this definition is appropriate. The goal of a strategy is to achieve a competitive advantage. The process of crafting a strategy consists of these elements: 1. Mission and vision statements 2. Performance obje...

Marketing - Answer-managing profitable customer relationships Goals of Marketing - Answer-1. Attract new customers by promising superior value 2. Keep and grow current customers by delivering customer satisfaction Need - Answer-state of felt deprivation (physical, social, individual) Want - Answer-a form that a human need takes as shaped by culture, individual personality, and marketers Demand - Answer-wants + buying power Market - Answer-the set of all actual and potential buyers of a pr...

What are the three factors that affect consumers microenviroment, illustrate how they affect it correct answers company capabilities: need to match competencies with customer needs competition: can affect purchasing options corporate partners: can deliver/not deliver on company promises List the factors in the firm's macroenvironment correct answers CDSTEP 1. culture 2. demographics 3. social/natural trends 4. tech advances 5. economic situiaton 6. Political/legal environment What...

Marketing Simulation exam 2023 study guide with complete solution @ stuvate-stuvia usa - *edit* [Ignore chapter numbers. Instead search for the simulation title.] - Unformatted text preview: Principles of Marketing Simulations: Chapters 1, 2, 3, 5, 6, 8, 9, 10, 11, 12, 13, 14,17, 18, 19 Mymarketinglab pearson PLEASE NOTE : EACH SIMULATION IS NOT PERFECT AND WILL HAVE THE SCORE I ACHIEVED ON IT ABOVE THE SIMULATION. YOU CAN USE THIS INFORMATION AND DEDUCTIVE REASONING TO TRY TO IMPROVE YOUR...

MKTG 3340 - Ch. 3 Question and answers 2024 verified to pass marketing environment - correct answer includes the actors and forces outside marketing that affect management's ability to build and maintain successful relationships with target customers macroenvironment - correct answer the larger societal forces that affect the microenvironment - demographic, economic, natural, technological, political, and cultural forces microenvironment - correct answer consists of the actors close to ...

WGU C483 Principles of Management Questions and Answers 100% Verified Organizations that are affected by, and that affect, their environment. - Answer- Open Systems Goods and services organizations take in and use to create products or services. - Answer- Inputs The products and services organizations create. - Answer- Outputs All relevant forces outside a firm's boundaries, such as competitors, customers, the government, and the economy. - Answer- External Environment The immediate en...

MKTG 3340 - Ch. 3 Prep Exam 2024. marketing environment - correct answer includes the actors and forces outside marketing that affect management's ability to build and maintain successful relationships with target customers macroenvironment - correct answer the larger societal forces that affect the microenvironment - demographic, economic, natural, technological, political, and cultural forces microenvironment - correct answer consists of the actors close to the company that affect its...

Open Systems ️Ans - Organizations that are affected by, and that affect, their environment. Inputs ️Ans - Goods and services organizations take in and use to create products or services. Outputs ️Ans - The products and services organizations create. External Environment ️Ans - All relevant forces outside a firm's boundaries, such as competitors, customers, the government, and the economy. Competitive Environment ️Ans - The immediate ...

What are the three factors that affect consumers microenviroment, illustrate how they affect it correct answers company capabilities: need to match competencies with customer needs competition: can affect purchasing options corporate partners: can deliver/not deliver on company promises List the factors in the firm's macroenvironment correct answers CDSTEP 1. culture 2. demographics 3. social/natural trends 4. tech advances 5. economic situiaton 6. Political/legal environment What...