Business Assumptions Focus on All of the Following Except

question 13

Multiple Choice

Business assumptions focus on all of the following except

• A)Resource availability
• B)Competitive actions
• C)Mode utilization
• D)Consumer trends

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Definitions:

Factor of Production

Economic resources used in the process of producing goods or services, typically categorized into land, labor, capital, and entrepreneurship.

Natural Resources

Natural resources are materials or substances that occur in nature and can be used for economic gain, such as forests, minerals, water, and land.

Advertising Media

Various channels or platforms used to deliver advertisements to consumers, including traditional media such as television, radio, and print, as well as digital media like social media, websites, and email.