Which of the Following Would Be an Example of an External

question 57

Multiple Choice

Which of the following would be an example of an external benefit?

• A) The government spends a million dollars on improving national parks.
• B) A firm has just obtained permission to open a landfill site on property that is adjacent to your home.
• C) More people start to ride the bus and as a result air pollution is reduced.
• D) Firms are able to reduce their costs of production by using a more efficient technology.

Recognize the importance of personal selling in the business buying process.

Comprehend the concept of media multitasking among diverse demographics.

Understand the implications of privacy concerns on marketing strategies.

Grasp the essential characteristics that influence the promotional mix decisions.

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Definitions:

Posttraumatic Stress Disorder

A psychiatric disorder that can occur in people who have experienced or witnessed a traumatic event, characterized by severe anxiety, flashbacks, and uncontrollable thoughts about the event.

General Adaptation Syndrome

A three-stage response (alarm, resistance, exhaustion) that the body goes through in reaction to prolonged stress.

Distress

Emotional suffering or pain often caused by stress, anxiety, or trauma, which can negatively impact an individual's mental and physical health.

Excessive

Going beyond what is normal, usual, or necessary; characterized by overabundance.