With respect to the environment in which a business operates, factors such as competition, political and legal forces, and economic climate would all be classified as uncontrollable elements.
What is a controllable element of the marketing environment?
- To adapt to shifting market conditions, consumer preferences, or business goals, the controllable variables can be changed throughout time as well as typically in the short term.
- Products, prices, promotions, distribution, and research efforts are among the variables that can be controlled.
What is the macro environment?
The main uncontrollable outside factors (economic, demographic, technological, natural, social and cultural, legal, and political) that have an impact on a firm's performance and decision-making.
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Answer:
Education-based marketing
Explanation:
Education-based marketing unlike traditional marketing which is done through selling-based messages, are done by sharing important information and facts that help customers make a good buying decision.
Education-based marketing is the sharing of knowledge with the purpose of building trust. <u>It is a strategy that establishes credibility and trust with your customers by using educational messages particularly on the benefits they stand to gain by using a product or service.</u>
Answer:
Management consists of controlling a group or a set of entities to accomplish a goal. Leadership refers to an individual's ability to influence, motivate, and enable others to contribute toward organizational success. Influence and inspiration separate leaders from managers, not power and control.
Explanation:
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Answer:
Correct answer is:
Debit Salaries Expense $840
Credit Salaries Payable $840
Explanation:
2 employees each paid at $ 210 per day so daily salary expense is $210*2 = $420.
The accounting period ends on Tuesday and both employees work for Monday and Tuesday so the 2 days salaries expense is $420*2= $840.
As the salaries are paid on every Friday so there is a liability on a company for the 2 days salary payable to be recorded on accounting period close date i.e Tuesday.
Answer:
Correct answer is B that is <u>Indirect Organizational Pattern</u>
