Technological segment Study guides, Class notes & Summaries

General environment correct answers factors external to an industry, and usually beyond a firm's control, that affect a firm's strategy. Demographic segment of the general environment correct answers genetic and observable characteristics of a population, including the levels and growth of age, density, sex, race, ethnicity, education, geographic region, and income. Sociocultural segment of the general environment correct answers the values, beliefs, and lifestyles of a society. These fo...

HET Segment 3 Exam Questions And Answers Veblen's influence was that ___________ ______ are primitive, conspicuous consumption - ANS Fundamental wants What was the reality of the 1920s? - ANS Rise of national oligopolies and brands __________ are a good example of the rise of oligopolies in the 1920s. _______ companies created the demand for __________ through advertising & then created demands for particular brands - ANS Cigarettes, tobacco, cigarettes _____ _____ become imp...

All of the following were traditional sources of competitive advantage EXCEPT: a. labor costs. b. access to financial resources. c. protected markets. d. a highly educated labor market. - d Customer loyalty programs such as airline frequent flyer miles are an attempt to: a. decrease competitors' access to distribution channels. b. develop a cost advantage independent of scale. c. increase customers' switching costs. d. overcome the perishability of the hotel "product." - c. in...

Astronautics correct answer: the science/engineering of systems capable of flight beyond a planetary atmosphere; including launch vehicles, spacecraft, and other space related technology. Space systems correct answer: A collection of interconnected technological systems - systems of systems - that produce the capability to achieve flight beyond planetary atmosphere (something that could not be achieved by the individual systems); includes ground support, launch vehicles, and spacecraft S...

General Environment correct answers Composed of dimensions in the broader society that influence an industry and the firms within it Dimensions of the General Environment correct answers 1. Demographic 2. Economic 3. Political/legal 4. Sociocultural 5. Technological 6. Global 7. Sustainable physical environment Demographic Segment correct answers -Population size -Age structure -Geographic distribution -Ethnic mix -Income distribution Economic Segment correct answers -Inflatio...

MFT: MBA QUESTIONS AND ANSWERS ALREADY PASSED The focal point of all marketing activities is customers The marketing mix is known by what other name? the four Ps Goods, services, or ideas offered in the exchange with customers are dealt with under the _____ category of the marketing mix product Making the product available to the customer in the right quantities and locations when the customer wants them is the definition for which of these marketing mix variable? place Many ...

SEVI 3013 Final Exam Uark | Questions with 100% Correct Answers | Verified | Latest Update 2024 General Environment - Composed of dimensions in the broader society that influence an industry and the firms within it Dimensions of the General Environment - 1. Demographic 2. Economic 3. Political/legal 4. Sociocultural 5. Technological 6. Global 7. Sustainable physical environment Demographic Segment - -Population size -Age structure -Geographic distribution -Ethnic mix -Income distrib...

COB 487 Exam Questions with Correct Answers Perceptual activity - Answer-the ability to sense what could be coming and prepare for what to do about it Forecasts (3 aspects) - Answer-Environmental scanning, Environmental monitoring, Competitive intelligence General Environment (6 factors) - Answer-Political/Legal Economic Sociocultural Technological Demographic Global Political/Legal Segment - Answer-Environment & legislation influence regulations with which industries must comply,...

marketing - Answer-group of activities designed to expedite transactions by creating, distributing, pricing, and promoting goods, services, and ideas functions of marketing - Answer-buying, selling, transporting, storing, grading, financing, market research, risk taking exchange - Answer-the act of giving up one thing (money, credit, labor, goods) in return for something else (goods, services, or ideas) value - Answer-customer's subjective assessment of benefits relative to costs in deter...

Problem to be solved (PTBS) correct answer: The elemental / core reason the service is valuable to the consumer of the service.It is often not an obvious or surface‐level reason. First one has to understand who the customers are. disruptive innovation correct answer: Companies that excel in one generation of technological‐driven business rarely succeed in the next generation Innovations initially are more expensive and/or less useful than current technology The customers of lea...