ENTREPRENEURIAL PLANNING
MARKETING PLAN DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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the same goals
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a promotion to a higher rank
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Environmental changes
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people stealing from the store
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Detailed explanation-1: -Pollution. Pollution can also have an impact over business strategies. Pollution may cause some major environmental events which can result in the disruption of supply chains or an increase in the cost of raw material. Organizations need to monitor such events and develop contingency plans so as to deal with them.
Detailed explanation-2: -Environmental changes have to do with changes caused by the variation in the occurrences of some climatic factors; rainfall, temperature, light wind: biotic factors; predators, parasites, soil micro-organism, pest and diseases: and edaphic factors; soil pH, soil texture, soil structure etc.
Detailed explanation-3: -Strategy and Change. To determine the appropriate strategic response to changes in the environment, managers must be able to understand the impact of the changes. There are four components that describe the nature of change in the environment: stability, complexity, resource scarcity, and uncertainty.
Detailed explanation-4: -External Surprises. Competitors. Legal/Ethical Factors. Economic/Political Issues. Technology. Social Trends. Forecasts of the Future. 15-Jan-2016