If Consumer Demand for Ford Cars (A Consumer Product)increases, the Company

question 178

Multiple Choice

If consumer demand for Ford cars (a consumer product) increases, the company may increase its demand for paint-spraying equipment (a business good) . This illustrates ________.

• A)derived demand
• B)unit demand
• C)contrived demand
• D)primary demand

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Definitions:

Action Research Approach

A participatory form of research aimed at solving immediate problems while focusing on the implementation of solutions in a cyclical process.

Organizational Change Process

A systematic approach in an organization to transition from its current state to a desired future state to enhance efficiency, effectiveness, or performance.

Appreciative Inquiry

A method of organizational change that focuses on identifying what works well, analyzing why it works, and doing more of it.

Organizational Change Interventions

Strategies or actions designed to alter the direction, structure, processes or culture of an organization to achieve more effective adaptation or improvement.