All of the Following Are Demand Factors Except Which

question 98

Multiple Choice

All of the following are demand factors except which?

• A) the price of similar products
• B) consumer tastes
• C) consumer income
• D) the availability of similar products
• E) the number of products in the line

---

Definitions:

Teamwork

Collaborative effort of a group to achieve a common goal or to complete a task in the most effective and efficient way.

Lateral Decision Making

A collaborative approach to decision-making that involves peers at the same hierarchical level, promoting inclusivity and collective intelligence.

Hierarchical Decision Making

A structured process of making decisions that is typically characterized by orders or directives passing down from higher levels in an organization to lower levels.

Heterarchy

A system of organization where elements are unranked or where they possess the potential to be ranked in a number of different ways, emphasizing distributed power and decentralized decision-making.