Identify at least five of the external stakeholders of organizations that lie in the task environment. Explain why each of these is important to the organization.
What will be an ideal response?
The task environment consists of competitors, customers, suppliers, distributors, strategic allies, employee organizations, local communities, financial institutions, government regulators, special-interest groups, and mass media. These are all important to the organization because they are the source of some input the organization needs. For example, customers bring in money when they buy a product, suppliers bring in needed materials, and distributors help to sell products.
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Marketing research suppliers can be classified as internal or external
Indicate whether the statement is true or false
Tolling is a type of countertrade which involves the exchange of a monetary debt for another form of debt, such as an equity share or an obligation to deliver products, goods, or services
Indicate whether the statement is true or false
What methods might a firm use when pricing based on a profit orientation and how do they differ?
What will be an ideal response?
The tort that protects individuals from harm based on careless and unintentional conduct of others is called:
a. conversion b. strict liability c. absolute liability d. several liability e. none of the other choices