Which of the Following Is an Internal Factor That Affects

question 28

Multiple Choice

Which of the following is an internal factor that affects pricing decisions in a company?

• A) the nature of the market
• B) the degree of inflation in the economy
• C) the overall marketing strategy of the company
• D) the forces of demand and supply in the market
• E) consumers' perception of value

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Definitions:

U.S. Economy

The economic system of the United States, characterized by a mixed economy that supports both private and public enterprise.

Legal and Illegal Immigrants

Terms used to distinguish between immigrants who have authorization to reside in a country and those who enter or stay without permission.

Native-born American Families

Native-born American families are those whose members were born in the United States, distinguishing them from families that have immigrated and became naturalized citizens.

Unemployment Rate

The percentage of the labor force that is jobless and actively looking for employment.