Which of the Following Will Most Likely Cause a Shift

question 125

Multiple Choice

Which of the following will most likely cause a shift in the consumption function?

• A)a change in consumer confidence 
• B)a change in national output 
• C)a change in real GDP 
• D)a change in disposable income

---

Definitions:

Strategic Management

The ongoing planning, monitoring, analysis, and assessment necessary to meet an organization's goals and objectives, often involving consideration of internal and external environments.

Strategy Formulation

The process of defining an organization’s strategy or direction and making decisions on allocating its resources to pursue this strategy.

Strategic Marketing

The process of planning and executing the conception, pricing, promotion, and distribution of ideas, goods, and services to create exchanges that satisfy individual and organizational objectives.

Strategic Outsourcing

The practice of delegating certain operational functions to external entities to reduce costs, improve efficiency, or focus on core competencies.