Which of the Following Is the Best Example of Utilizing

question 13

Multiple Choice

Which of the following is the best example of utilizing technology to improve consumer relationships?

• A) Waiters recording orders on handheld computers
• B) Surveying customers to determine their needs
• C) Responding to changes in competitors' prices
• D) Introducing stringent package standards
• E) Requiring dolphin-safe tuna

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Definitions:

Gardenburger

A brand known for its vegetarian burgers and meatless products, catering to those seeking vegetarian options.

Budget Constraint

The limitations on the consumption choices of an individual or family based on their income and the prices of goods and services.

Hamburgers

A popular food item typically consisting of a cooked patty of ground meat placed inside a sliced bun.

Opportunity Cost

The cost of forgoing the next best alternative when making a decision. It represents the benefits an individual, investor, or business misses out on when choosing one alternative over another.