_____ Gather Information and Conduct Research to Determine What Customers

question 21

Multiple Choice

_____ gather information and conduct research to determine what customers want.They also plan and develop products and make decisions about how much to charge for their products and when and where to make them available.

• A)Accountants
• B)Engineers
• C)Marketers
• D)Supervisors
• E)Stockbrokers

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Definitions:

Private Consumption

The total value of all goods and services consumed by households and individuals within an economy, excluding government spending and investments.

Gross Investment

The total amount spent on purchases of new capital assets plus replacement of worn-out or obsolete assets.

Gross National Income

The total domestic and foreign output claimed by residents of a country, including wages, salaries, and property income.

Gross Domestic Product

The sum value in currency or market terms of every finished product and service created within a country during a specified period.