A High Percentage of the Customers of Action Sport Buy

question 25

Multiple Choice

A high percentage of the customers of Action Sport buy Action Sport shoes at least three-fourths of the time that they buy shoes. In the context of barriers to entry, this product has a large degree of

• A)distributor loyalty.
• B)demographic force.
• C)brand loyalty.
• D)potential competition.

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Definitions:

Ethics

A branch of philosophy that deals with systematizing, defending, and recommending concepts of right and wrong behavior.

Culture

The shared beliefs, customs, practices, and social behavior of a particular nation or people.

Individualistic

relates to a social theory favoring freedom of action for individuals over collective or state control.

Great Britain

An island in the North Atlantic Ocean off the northwest coast of continental Europe, comprising England, Scotland, and Wales.