Examlex
An exercise equipment company produces exercise equipment designed for people with back injuries. Since this is a small market largely ignored by other exercise equipment makers, this equipment manufacturer is engaged in ________marketing.
Condorcet Paradox
A voting paradox in which collective preferences can be cyclic (non-transitive), meaning no clear winner can be determined through majority rule in a pairwise election.
Voting System
A method or set of rules designed to fairly determine the outcome of elections or decisions based on the collective preferences of participants.
Median Voter Theorem
A principle suggesting that the outcome of a majority vote is most likely to represent the preferences of the voter who is in the middle of the political spectrum.
Political Parties
Organizations that seek to attain political power within a government, usually by participating in electoral campaigns and organizing in the pursuit of common political goals.
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