Inventories Are Goods That Can Be Considered as "Purchased" by

question 37

Multiple Choice

Inventories are goods that can be considered as "purchased" by

• A)the firms that produce them.
• B)the consumers that ultimately buy them.
• C)the government since they are tax deductible.
• D)no one since they are not counted as part of GDP.

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Definitions:

Customer Data

consists of information about customers that companies collect, analyze, and use to understand preferences, behaviors, and demographics.

Businesses

Organizations engaged in commercial, industrial, or professional activities, aimed at generating profits through offering goods or services.

Direct Marketing

A form of advertising which allows businesses to communicate straight to the consumer through various media.

E-mail

A method of exchanging digital messages over the Internet between people using electronic devices.