A Local Candidate Running for Office Would Very Much Like

question 94

Multiple Choice

A local candidate running for office would very much like to have your vote. She promises that she will "make the country better." Because all candidates for public office say this, you doubt you'll see real results and decide not to vote for her. Marketing will not occur in this situation because

• A) marketing doesn't apply to the voting process.
• B) the desire and ability to satisfy needs is missing.
• C) there is no direct way for the parties to communicate.
• D) something to exchange is missing.
• E) there is only one party involved in this situation.

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Definitions:

Payment

The transfer of money, goods, or services in exchange for a product, service, or debt repayment.

Dividends

Payments made by a corporation to its shareholder members, usually derived from the company's earnings.

Paid Wages

Refers to the total amount of money paid by employers to employees for work performed during a specific period.

Decrease Stockholders' Equity

A reduction in the amount of capital contributed by shareholders plus retained earnings.