In the context of the internal and external forces that affect business, which of the following is a difference between stable environments and dynamic environments?
Question options:
The stable environment of a company is only related to the external factors affecting the company, whereas the dynamic environment of a company is only related to the internal factors affecting the company.
In stable environments, fundamental changes are observed in the environment, whereas in dynamic environments, incremental changes occur.
In stable environments, the rate of environmental change is slow, whereas in dynamic environments, the rate of environmental change is fast.
Companies with stable environments experience changing customer preferences and attitudes, whereas companies with dynamic environments experience a fixed set of customer needs.
What will be an ideal response?
In stable environments, the rate of environmental change is slow, whereas in dynamic environments, the rate of environmental change is fast.
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What will be an ideal response?
Which of the following best describes the main benefit of a panel?
A) the ability to select a new random sample at each measurement period B) the ability to observe changes in behavior caused by changes in marketing variables or other factors C) the ability to design a focus group study using the customers in the panel as a sample D) the ability to generate new product ideas by brainstorming