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Market Environment and Business Environment Quiz

Test your knowledge of market environment and business environment with this quiz. Explore the factors and forces that impact a firm's ability to thrive in customer relationships, and gain a deeper understanding of the decision-making behavior within an organization.

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@PropitiousDune
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Questions and Answers

What does the business environment refer to in marketing terms?

The factors and forces affecting a firm's ability to build and maintain successful customer relationships

What is included in the external macro environment?

Demographic, political, cultural, natural, technological, and economic forces

What is the purpose of analyzing the macro marketing environment?

To better understand the environment, adapt to the social environment, and achieve the purpose of enterprise marketing

What does the internal environment consist of?

<p>Relevant physical and social factors within the boundaries of the organization</p> Signup and view all the answers

What are the three levels of the environment as mentioned in the text?

<p>Internal environment, external micro environment, external macro environment</p> Signup and view all the answers

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