5 Competitive advantage can be achieved through: Research & Development (R&D) d) Production…
5 Competitive advantage can be achieved through: Research & Development (R&D) d) Production Distribution strategies e) All of these
c) Marketing communications
6 The process used by organizations and companies to track political, technological, economic, social and population
trends is described as ___________________: Gamesmanship Marketing Roulette Delphi Technique Environmental Screening or Situational Analysis Marketing Myopia
7 As discussed in class, this business philosophy is focused upon achieving the highest manufacturing output so the
unit cost is low: Sales orientation Social marketing concept Production orientation Maximization