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Can Model variables can be controllable or uncontrollable?
Yes, model variables can be classified as controllable or uncontrollable. Controllable variables are those that can be manipulated or adjusted by the decision-maker to influence the outcome of a model, such as pricing or production levels. Uncontrollable variables, on the other hand, are external factors that cannot be changed, like market trends or economic conditions. Recognizing the distinction between these types of variables is crucial for effective modeling and decision-making.
What are the controllable and uncontrollable variables in the marketing environment?
Controllable variables in marketing include price and product. Uncontrollable variables include the target market the company targets in ads during the promotion.
What are the 2 types of marketing variables?
The two types of marketing variables are controllable and uncontrollable variables. Controllable variables, also known as the marketing mix, include elements like product, price, promotion, and place, which marketers can adjust to influence consumer behavior. Uncontrollable variables, on the other hand, encompass external factors such as economic conditions, competition, and consumer trends that marketers cannot directly change but must adapt to. Understanding both types is crucial for developing effective marketing strategies.
What are the international marketing variables that controllable and uncontrollable that will affect coke?
the international marketing variables that affect coke.
Explain both internal and external variable?
Internal variables refer to factors within a system or organization that can influence its performance, such as employee motivation, company culture, and operational processes. External variables, on the other hand, are external influences that can impact the system, including market trends, economic conditions, and regulatory changes. Both types of variables play crucial roles in decision-making and strategic planning, as they shape the environment in which an organization operates. Understanding the interplay between internal and external variables is essential for effective management and adaptation.
What are the basic controllable variables of a production planning problem?
Production Rate, Work Force Levels, and Inventories.
What are the international marketing variable that controllable marketing and uncontrollable that will affect coke?
the international marketing variables that affect coke.
Which form of business organization is most affected by the instability of environment of a country why?
Every business has both the external as well as internal variables on which the stability and profitability of the organization is directly linked to. So whether the organization has a horizontal or vertical structure, they are bound to get affected with environmental fluctuations. The business co-exist in the variables of these factors and it has to follow the principle of "Survival Of Fittest".
What are the basic controllable variables of a product planning problem What are the four major costs?
Controllable Variables are: utilization, work force level, production resource employment, and production lot size/sequencing of production runs. The major costs include: equipment installment, production & setup and inventory holding/processing.
What is an external organ?
external organization
How many types of planning premises are there?
There are so many different types of planning premises. Some of them include tangible and intangible, internal and external, controllable, semi-controllable and uncontrollable premises among others.
What is the other name of global variables?
Another name of global variable is "EXTERNAL VARIABLES".
