The physiological environment is a key dimension of the business environment.
Answer the following statement true (T) or false (F)
False
The five key dimensions of the business environment are the economic environment, the competitive environment, the technological environment, the social environment, and the global environment. See 1-5: The Business Environment: The Context for Success
You might also like to view...
According to the 2011 Customer Engagement Report created by Razorfish, traditional word-of-mouth is one of the most important customer engagement channels
Indicate whether the statement is true or false
Which of the following price adjustment strategies involves reducing prices to reward customer responses such as volume purchases, paying early, or participating in sales-support programs?
A) product bundle pricing B) captive product pricing C) product line pricing D) dynamic pricing E) discount and allowance pricing
Of the following listening strategies which involves mnemonics?
A. organizing the message B. visualizing the message C. summarizing the message D. differentiating between the main and supporting points
An assembly line to be balanced has six tasks in precedence. The task times are shown in the following table. Based on demand forecasts, the output rate has to be 160 units per day. The line operates 8 hours a day. Compute the balance efficiency E.
a. 93%
b. 87%
c. 80%
d. 100%