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Saint Joseph College of Rosario Batangas - DEMESTEP Framework Quiz
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Saint Joseph College of Rosario Batangas - DEMESTEP Framework Quiz

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Questions and Answers

What is considered the most crucial microenvironmental source of opportunity according to the text?

  • Competitors
  • Suppliers
  • Customers (correct)
  • Resellers

    • Which group is essential for aspects such as promotion, sales, distribution, and financial mediation in the business context?

  • Competitors
  • Suppliers
  • Customers
  • Resellers (correct)

    • What factor is crucial for a business to operate lucratively according to the information provided?

  • Efficient Competitors
  • Advanced Technology
  • Loyal Customers
  • Reliable Suppliers (correct)

    • Which group's reputation can be leveraged for marketing purposes according to the text?

    <p>Resellers</p> Signup and view all the answers

    What is the most critical factor for successfully drawing attention from targeted customers as per the text?

    <p>Identifying Niche Market</p> Signup and view all the answers

    Which group plays a significant role in the success of a business, especially if they are large suppliers of goods?

    <p>Resellers</p> Signup and view all the answers

    Which factor contributes most to a business's ability to generate revenue streams according to the text?

    <p>Identifying Niche Market</p> Signup and view all the answers

    What does a business need to do to operate lucratively according to the information provided?

    <p>Learn how to negotiate effectively with suppliers</p> Signup and view all the answers

    Which group plays a crucial role in the promotion and distribution of consumer goods and services as per the text?

    <p>Resellers</p> Signup and view all the answers

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