SEVI 3013 EXAM 1 Questions with
100% Correct Answers | Verified |
Latest Update 2024
Assessing - ✔✔The objective is to determine the timing and significance of
the effects of environmental changes and trends that have been identified
Demographic Segment - ✔✔Concerned with a population's size, age
structure, geographic distribution, ethnic mix, and income distribution
Economic Environment - ✔✔Refers to the nature and direction of the economy
in which a firm competes or may compete
Political/Legal Segment - ✔✔The arena in which organizations and interest groups
compete for attention, resources, and a voice in overseeing the body of laws and
, regulations guiding interactions among nations as well as between firms and
various local governmental agencies
Sociocultural Segment - ✔✔Concerned with a society's attitudes and
cultural values
Technological Segment - ✔✔Includes the institutions and activities involved
in creating new knowledge and translating that knowledge into new outputs,
products, processes, and materials
Global Segment - ✔✔Includes relevant new global markets and their critical
cultural and institutional characteristics, existing markets that are changing and
important international political events
Sustainable Physical Environment Segment - ✔✔Refers to potential and actual
changes in the physical environment and business practices that are intended to
positively respond to those changes in order to create a sustainable environment
100% Correct Answers | Verified |
Latest Update 2024
Assessing - ✔✔The objective is to determine the timing and significance of
the effects of environmental changes and trends that have been identified
Demographic Segment - ✔✔Concerned with a population's size, age
structure, geographic distribution, ethnic mix, and income distribution
Economic Environment - ✔✔Refers to the nature and direction of the economy
in which a firm competes or may compete
Political/Legal Segment - ✔✔The arena in which organizations and interest groups
compete for attention, resources, and a voice in overseeing the body of laws and
, regulations guiding interactions among nations as well as between firms and
various local governmental agencies
Sociocultural Segment - ✔✔Concerned with a society's attitudes and
cultural values
Technological Segment - ✔✔Includes the institutions and activities involved
in creating new knowledge and translating that knowledge into new outputs,
products, processes, and materials
Global Segment - ✔✔Includes relevant new global markets and their critical
cultural and institutional characteristics, existing markets that are changing and
important international political events
Sustainable Physical Environment Segment - ✔✔Refers to potential and actual
changes in the physical environment and business practices that are intended to
positively respond to those changes in order to create a sustainable environment
