Get premium membership and access questions with answers, video lessons as well as revision papers.
a. Better general awareness of and responsiveness to environmental changes.
b. Better decision-making.
c. Greater effectiveness in dealing with the government.
d. Improved industry and market analysis.
e. Better foreign investment and international marketing.
f. Improved resource allocation and diversification decisions.
g. Superior energy planning.
Lellah answered the question on November 3, 2021 at 13:09
- What are the roles of a complete environmental scanning system?(Solved)
What are the roles of a complete environmental scanning system?
Date posted: November 3, 2021. Answers (1)
- Describe environmental scanning.(Solved)
Describe environmental scanning.
Date posted: November 3, 2021. Answers (1)
- Briefly explain four natures of competition.(Solved)
Briefly explain four natures of competition.
Date posted: November 3, 2021. Answers (1)
- State and explain the competitive forces a business manager needs to evaluate in the business environment.(Solved)
State and explain the competitive forces a business manager needs to evaluate in the business environment.
Date posted: November 3, 2021. Answers (1)
- What are the significant business strategy implications of demographic trends / changes?(Solved)
What are the significant business strategy implications of demographic trends / changes?
Date posted: November 3, 2021. Answers (1)
- Highlight the marketing implications of global population trends.(Solved)
Highlight the marketing implications on global population trends.
Date posted: November 3, 2021. Answers (1)
- What is demography?(Solved)
What is demography?
Date posted: November 3, 2021. Answers (1)
- Explain ways in which Improvement in technology has affected business activities indirectly/ directly.(Solved)
Explain ways in which Improvement in technology has affected business activities indirectly/ directly.
Date posted: November 3, 2021. Answers (1)
- Define technological environment.(Solved)
Define technological environment.
Date posted: November 3, 2021. Answers (1)
- What does the socio-cultural elements of a business environment consist of?(Solved)
What does the socio-cultural elements of a business environment consist of?
Date posted: November 3, 2021. Answers (1)
- Highlight ways in which market deals with people?s culture and how it affects business (Solved)
Highlight ways in which market deals with peoples culture and how it affects business
Date posted: November 3, 2021. Answers (1)
- What elements does the political/legal environment comprise of?(Solved)
What elements does the political/legal environment comprise of?
Date posted: November 3, 2021. Answers (1)
- Name economic factors that marketers need to be concerned with that impact their marketing decisions.(Solved)
Name economic factors that marketers need to be concerned with that impact their marketing decisions.
Date posted: November 3, 2021. Answers (1)
- Define economic environment. (Solved)
Define economic environment.
Date posted: November 3, 2021. Answers (1)
- Highlight ways in which natural factors may influence business activities.(Solved)
Highlight ways in which natural factors may influence business activities.
Date posted: November 3, 2021. Answers (1)
- Briefly explain what company?s customers consist of.(Solved)
Briefly explain what companys customers consist of.
Date posted: November 3, 2021. Answers (1)
- What are the factors within a company's operating environment that determine a company's success in achieving its objectives?(Solved)
What are the factors within a company's operating environment that determine a company?s success in achieving its objectives?
Date posted: November 3, 2021. Answers (1)
- Define a macro - marketing environment.(Solved)
Define a macro-marketing environment.
Date posted: November 3, 2021. Answers (1)
- Define environmental planning.(Solved)
Define environmental planning.
Date posted: November 3, 2021. Answers (1)
- Define marketing environment.(Solved)
Define marketing environment.
Date posted: November 3, 2021. Answers (1)