Which of the Following Is True of What Makes Up

question 30

Multiple Choice

Which of the following is true of what makes up a market?

• A)It includes both supply and demand,and it can be a physical or virtual location.
• B)It includes both supply and demand,but cannot be defined by space.
• C)It must have both customers and consumers.
• D)It must have customers,but not necessarily consumers,and it is defined by the presence of demand but not necessarily supply.

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Definitions:

Strategy

The science of planning; the process of giving definition to a vision, of focusing people and resources on specific objectives that can be measured; analysis of conditions and determination of initiatives; a requirement for successful leadership.

Genius Stroke

An act or decision that is brilliantly imaginative, highly innovative, or exceptionally effective.

Independent Contributor

An individual who works predominantly on their own within an organization, focusing on specific tasks or projects without leading a team.

Relationship Skills

Abilities important for forming, maintaining, and enhancing interpersonal relationships, including communication, empathy, and conflict resolution.