Tony works for a company that is having a hard time competing in the market. Tony really wants to stand out with in his organization to further his career in marketing. Which of the following strategies should Tony pursue to better understand the macro environment around his company?
A) Tony should study and analyze the competition to understand how his company differs from everyone else so that he can pinpoint the fallout of his company.
B) Tony should study and analyze the technological environment that is used to understand how his company differs from everyone else so that he can pinpoint the fallout of his company.
C) Tony should study and analyze the consumer to understand how his company differs from everyone else so that he can pinpoint the fallout of his company.
D) Tony should study and analyze the social environment that is used to understand how his company differs from everyone else so that he can pinpoint the fallout of his company.
Correct Answer:
Verified
Q13: Which of the following best defines competition?
A)developing
Q14: Colourific is a new competitor for Crayola
Q15: When Universal Studios Japan opened, health inspectors
Q16: What was the median total family income
Q17: What is the primary determinant of a
Q19: A target market is best characterized by
Q20: Almost any product in India, from tap
Q21: China's new 5 percent tax on disposable
Q22: What is the definition of inflation?
A)a measure
Q23: How much does 25.2 percent of households
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents