By considering technical,economic,sociocultural,and political factors,a firm is most likely able to ________.

A) identify inadequate marketing mix elements
B) monitor changing marketing objectives
C) simplify a value delivery network
D) determine a market's potential

Value Delivery Network

The collaboration between a company, its suppliers, and its distributors to produce and deliver products to the final customer efficiently.

Socio-cultural Factors

Elements that influence one's lifestyle and preferences, including family, education, religion, and social class, which marketers use to segment and target audiences.

Political Factors

Elements related to government actions, policies, and political stability that can impact business operations and market environments.