_____ Refers to How People Act When They're Purchasing Products

question 120

Multiple Choice

_____ refers to how people act when they're purchasing products to use either directly or indirectly to produce other products.

• A) Consumer behavior
• B) Environmental scanning
• C) Behavioral segmentation
• D) Business buyer behavior

---

Definitions:

Industry Life Cycle

A concept that describes the stages of growth and development that an industry goes through from inception, through growth, maturity, and eventually decline.

Stock Prices

The current market price at which shares of a company are bought or sold.

Supply Shock

An unexpected event that suddenly changes the supply of a product or commodity, leading to a rapid change in its price.

Corporate Earnings

The profit a company makes after deducting the costs of doing business, such as expenses, taxes, and more, usually reported quarterly.