Which of the Following Is an Example of an Internal

question 33

Multiple Choice

Which of the following is an example of an internal stimulus that might lead to the business buying process stage of problem recognition?

• A) A buyer gets a new idea from an advertisement.
• B) A buyer gets a new idea at a trade show.
• C) A buyer is unhappy with a current supplier's price.
• D) A buyer receives a call from a salesperson offering better service terms.
• E) A buyer learns about a new product at an industry convention.

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Definitions:

Decreasing Opportunity Costs

A situation in which the opportunity costs of resources decrease as more of a good is produced.

Increasing Opportunity Costs

A situation where increasing production of one good requires larger and larger sacrifices in the production of another good due to limited resources.

Unemployment Rate

The ratio of the complete labor pool that is jobless yet is in active pursuit of employment and prepared to work.

Opportunity Cost

The loss of potential gain from other alternatives when one alternative is chosen over others.