Liz,a new manager at a company,has been asked to focus on the competitive environment of the organization.Which of the following is a factor Liz should focus on?
A) Government legislation
B) Culture
C) Demographics
D) Buyers
E) Technology

Question

Quizplus · Accepted Answer

Liz should focus on the factor of buyers, as they are a key component in the competitive environment of the organization. Buyers have a significant impact on the products or services offered by the organization, their pricing, and how they are marketed. Understanding the behavior and needs of buyers is critical to staying competitive in the market. While the other factors listed (government legislation, culture, demographics, and technology) can also be important in the competitive environment, they are not as directly related to the impact of buyers.

Liz,a New Manager at a Company,has Been Asked to Focus