Answer:
The statement is: True.
Explanation:
Environmental scanning refers to the analysis companies make of the immediate and further atmosphere that will allow them to spot <em>threats </em>to counteract or mitigate them and <em>opportunities </em>from where the firm can make a profit. Organizations engaging environmental scanning constantly review different mediums of communication and conduct researches that will keep them up-to-date on market fluctuations.
By trying to get customers to spend more time in the store and purchase additional products, grocerants use marketing strategic opportunities.
A marketing strategy is a long-term plan to achieve a company's goals by understanding customer needs and creating a clear and sustainable competitive advantage. This includes everything from identifying customers to deciding which channels to use to reach those customers.
You are the product, the price, the place, the promotion. The 4 Ps are often referred to as the marketing mix.
Marketing strategies are the ability of a company to effectively differentiate itself from its competitors by leveraging its strengths (current and future potential) to consistently provide customers with superior value to its competitors. It's a way to convert
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A firm's expected revenues and expenses are what should be included in a firm's business model.
<h3>What is a business model?</h3>
A business model is document that contains processes and procedures of how a company would operate.
This document is important for effective organization control and also assist coordinate business relationships amongst stakeholders
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Correc Question: Organizational structure can have a significant impact on an organization's financial performance. True or False.
Answer:
true
Explanation:
Organizational structure is a system that shows outlines the activities of an organization in order to achieve the goals of the organization. Organizational structure also determine what financal performance as the organization uses this medium to determine how much is meant to the paid to employees as salaries
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