What are the six key questions that form the framework of thinking strategically about a company's industry and competitive environment?
What will be an ideal response?
Every company operates in a broad macro-environment that comprises six principal components: political factors, economic conditions in the firm's general environment (local, country, regional, worldwide), sociocultural forces, technological factors, environmental factors (concerning the natural environment), and legal/regulatory conditions. Each of these components has the potential to affect the firm's more immediate industry and competitive environment, although some are likely to have a more important effect than others.
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Unlike other types of advertising, a comparative advertising campaign can be readily globalized.
Answer the following statement true (T) or false (F)
In a transnational business strategy, all of the regional units participate and coordinate over all activities, from production to sales
Indicate whether the statement is true or false
Physical database design decisions must be made carefully because of impacts on:
A) data accessibility. B) response times. C) security. D) all of the above.
Business-facing processes or back-office processes are invisible to the external customer but essential to the effective management and operation of the business.
Answer the following statement true (T) or false (F)