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Questions and Answers
Which of the following best defines an organization?
Which of the following best defines an organization?
- A group of people with similar interests
- A social unit of people structured to meet a need (correct)
- A collection of individuals with different goals
- A network of individuals with shared responsibilities
What is the purpose of a management structure in an organization?
What is the purpose of a management structure in an organization?
- To determine relationships between activities
- To affect and be affected by the environment
- To assign roles and responsibilities to members (correct)
- To carry out different tasks
What is a market segment?
What is a market segment?
- A group of consumers with different needs
- A group of consumers with similar needs (correct)
- A group of consumers with no specific needs
- A group of consumers with changing needs
What type of information can be used to construct consumer profiles?
What type of information can be used to construct consumer profiles?
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What is the purpose of environmental analysis in an organization?
What is the purpose of environmental analysis in an organization?
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