Which of the Following Is Considered a Major Influence on Business

question 47

Multiple Choice

Which of the following is considered a major influence on business buyer behavior?

• A) general need
• B) organizational factors
• C) social forces
• D) demographic criteria
• E) performance reviews

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Definitions:

Economic Value

The total value that an asset generates, encompassing both current and future benefits.

Useful Life

The estimated duration over which an asset is expected to be functional and economically useful.

Value-Based Pricing

A pricing strategy that sets product or service prices based on the perceived value to the customer rather than on the cost of production.

Operating Cost

Expenses associated with running a business's core operations, typically including costs of goods sold, labor, and overhead.