For an Exchange to Occur, ________

question 91

Multiple Choice

For an exchange to occur, ________.

• A) at least two people or organizations must be willing to make a trade, and each must have something the other wants
• B) there must be one winner and one loser
• C) someone must make a financial profit
• D) the item that is exchanged must be a tangible product
• E) time utility must be created for the purchaser

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Definitions:

Sexual Orientation

An enduring pattern of romantic or sexual attraction to persons of the opposite sex, same sex, both sexes, or neither sex.

Job Performance Standards

Outlines the expected performance levels and achievements required by employees in their respective roles.

Canadian Standards Association

A nonprofit association serving business, industry, government, and consumers in Canada and the global marketplace by developing standards that address health, safety, and environmental issues.

Industry Standards

Specification of guidelines that dictates the quality and performance metrics for various industries to ensure consistency, safety, and efficiency.