This topic contains a solution. Click here to go to the answer

Author Question: Economic factors, social factors, technological advances, and political action and regulatory ... (Read 86 times)

rosent76

  • Hero Member
  • *****
  • Posts: 516
Economic factors, social factors, technological advances, and political action and regulatory changes are the most important trends to follow in trying to identify opportunities.
 
  Indicate whether the statement is true or false

Question 2

Which of the following selections is incorrect regarding a firm's positioning strategy?
 
  A) Position is concerned with how the firm is situated relative to its competitors.
  B) A firm's decision about how to position itself relative to its competitors starts with a product or service idea that is tested and refined through feasibility analysis and marketing research.
  C) Determining which position in a market to occupy and compete in is a strategic call on the part of a company based on its mission, its overall approach to the marketplace, and its competitive landscape.
  D) Once a firm positions itself in a certain way, it must be able to follow through with a product or service offering that lives up to the image it has created.
  E) After selecting a positioning strategy, the firm's next step is to select a target market.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Jbrasil

  • Sr. Member
  • ****
  • Posts: 337
Answer to Question 1

TRUE

Answer to Question 2

E




rosent76

  • Member
  • Posts: 516
Reply 2 on: Jul 6, 2018
YES! Correct, THANKS for helping me on my review


JaynaD87

  • Member
  • Posts: 368
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

For a complete list of videos, visit our video library