How Does Marketing MOST Benefit Consumers

question 26

Multiple Choice

How does marketing MOST benefit consumers?

• A)by convincing consumers that they have needs of which they were previously not aware
• B)by promoting healthy business competition
• C)by responding to consumer needs in an effort to satisfy those needs
• D)by minimizing the retail price of desirable products

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Definitions:

Span Memory

Also known as memory span, it refers to the longest list of items (like digits, letters, or words) that a person can remember and repeat in correct order after one presentation.

Number Facility

The capability to easily understand numbers and perform mathematical operations.

Induction

The process of reasoning from specific instances to general principles.

Impulsive Style

A behavioral tendency characterized by acting on the spur of the moment without much deliberation or consideration for the consequences.