1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Nataly_w [17]
3 years ago
14

Anders is researching sociocultural factors related to his employer, a sporting goods manufacturer.Which of the following would

be part of the sociocultural forces in a firm's external environment?1. the interest rates prevalent in an economy2. the laws protecting small enterprises in a nation3. the family size of the firm's target market4. the rate of employee attrition within the firm
Business
1 answer:
hodyreva [135]3 years ago
8 0

Option C

the family size of the firm's target market would be part of the sociocultural forces in a firm's external environment

<u>Explanation:</u>

To achieve and grow, organizations must modify, utilize, and agree with the authorities in their external environments. Sociocultural environmental forces cover opinions, views, customs and traditions, practices, and lifestyles. Social factors involve reference groups, family, position, and status in the community.

Family is a particular reference group and can execute the most crucial role in shaping the purchasing decisions of themselves. Staying aware of and obtaining the major reference groups, persons or family formations in a community and construction marketing on them can improve small businesses achieve victory.

You might be interested in
A health insurance provider has used market ________ to identify groups of businesses that have unique needs when providing insu
Kaylis [27]

Answer:

Segmentation

Explanation:

Market segmentation is a study that decides whether the company splits its members or populations into smaller categories based on factors such as age, wealth, personality features or actions. These divisions will also be used to tailor goods and ads to specific consumers.

In the case of health insurance providers, they use market segmentation to maintain the difference between individuals and decide about their premium, desire and other benefits.

8 0
3 years ago
True or false: enterprise operations systems work in conjunction with the firm's erp system to provide specific functionality to
DanielleElmas [232]

The main answer is True.

The statement is correct, enterprise operations systems work in conjunction with the firm's ERP system to provide specific functionality to support supply chain operations.

<h3>Explanation:</h3>
  • ERP system to provide specific functionality to support supply chain operations.
  • Supply chain management has been an integral part of ERP solutions adopted by several enterprises.
  • Manufacturers need to interact with various suppliers and partners to obtain the raw materials and resources at the right time and at the right amount to bring finished goods to market.
  • Businesses are actively focusing on several supply chain strategies to boost plant productivity, enhance product quality, and cut down on manufacturing costs.
  • As the operations become more extensive and globalized, the integration of SCM becomes all the more important.
  • ERP solutions can support multiple modes, such as make-to-order, engineer-to-order, and configure-to-order, and provide operations support across multiple sites in real time.
  • ERP solution streamlines the path their products go through from supplier to warehouse and finally to store for the customer.
  • As a result, businesses can avoid supply chain disruption.

This theory explains how ERP systems provide support to the supply chain.

So the given statement is True

To learn more about  Enterprise operations, refer

to brainly.com/question/25922327

#SPJ4

5 0
2 years ago
Public Domain
Arte-miy333 [17]

Answer:

a

Explanation:

3 0
3 years ago
Read 2 more answers
In a large food or beverage establishment, on what form or schedule is any tip shortfall from a directly tipped employee recorde
Softa [21]
<span>A tip shortfall from a directly tipped employee should be recorded on form 8027. This form should be filed with the Internal Revenue Service (IRS) in order to account for allocated tips. This informs the IRS of tips that were unaccounted for to the server as being less than the expected (and set) percentage.</span>
3 0
3 years ago
An attractive industry is one that is characterized by high entry barriers, suppliers and buyers with strong bargaining power, l
lord [1]

Answer:

False.

Explanation:

An attractive industry are not one that is characterized by high entry barriers, suppliers and buyers with strong bargaining power, low threats from substitute products, and low rivalry among firms.

An industry is defined by a group of firm that produce good and service, which are close subtitute and bargaining power of supplier are not considered as entry barrier to a firm in the open market. Industry with high fixed cost can pose high degree of rivalry among firm.

5 0
3 years ago
Other questions:
  • Carter Co. sells two products, Arks and Bins. Last year Carter sold 14,000 units of Arks and 56,000 units of Bins. Related data
    9·1 answer
  • A nonconventional cash flow pattern associated with capital investment projects consists of an initial outflow followed by a ser
    9·1 answer
  • What is the difference between supply and quantity supplied?
    6·1 answer
  • Required supplementary information (RSI) of a state or local government other than management’s discussion and analysis (MD&amp;
    12·1 answer
  • Wendy was in Walmart and noticed a display with baking items collected together and a little pad with recipes to tear off. She l
    12·1 answer
  • Two consumers both earn $47,000 annually. One owns four motorcycles and enjoys hunting and fishing. The second plays golf weekly
    14·1 answer
  • fowler credit bank is offering 6.7 percent compounded dailyon its savings accounts. If you deposit $7000 today, how much will yo
    12·1 answer
  • The interest rate is 15.5 percent a year in Indonesia and 1.7 percent in a year in Hong Kong. The inflation rate is 12.6 percent
    11·1 answer
  • What is the smallest portion of stocks called
    6·1 answer
  • Straight-line depreciation is the simplest depreciation method because it assumes assets lose value evenly throughout their live
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!