Which of the Following Is True Regarding Customer Buying Power

question 56

Multiple Choice

Which of the following is true regarding customer buying power?

• A)When customer buying power is high,the cost of serving customers decreases.
• B)When customer buying power is high,the market attractiveness increases.
• C)When customers can easily switch from one supplier to another,the competition decreases.
• D)When the purchased product or service is of limited importance to the customer,supplier dependence is much higher.
• E)When customer buying power is high,they force increased competition.

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Definitions:

Edward Said

A Palestinian-American literary theorist and critic, best known for his work on orientalism and post-colonial theory.

Discourse Analysis

A methodological approach that studies how language is used in texts and context to construct meaning and social reality.

Orient

To align or position something relative to points of a compass or other specified positions; in a broader sense, to determine one's position or context in relation to something.

Colonialism

The tactic or practice of obtaining total or partial political authority over another country, settling it with inhabitants, and economically benefiting from it.