The macroenvironmental factors that marketers must consider are the company, competition, and corporate partners.

Answer the following statement true (T) or false (F)


False

Macroenvironmental factors are external factors that affect a company's business such as culture, demographics, social trends, technological advances, economic situation, and political/regulatory environments. The factors listed in the question relate to the immediate environment.

Business

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______________________ refers to the way that an organization formally arranges its various domestic and international units and activities, and the relationships among these various organizational components.

What will be an ideal response?

Business

During its first year of operations, a company that incurred $1,000 in production costs reported cost of goods sold of $800 and selling costs of $100. Its ending finished goods inventory was $300.

Answer the following statement true (T) or false (F)

Business

By indorsing a check, "Without recourse," Pat effectively disclaims both contractual and warranty liability

a. True b. False Indicate whether the statement is true or false

Business

Games Galore Corporation hires Haley, a minor, to create new customized game software for certain clients. Haley signs a contract that requires her to work for Games Galore for eighteen months. Before beginning work, however, Haley tells Games Galore

that she will not create new software for Games Galore and that she is going to work for Ideal Worldcraft, Inc, a Games Galore competitor. Is Games Galore's contract with Haley en-forceable? Why or why not?

Business