Connor Industries Inc

question 70

Multiple Choice

Connor Industries Inc.constantly scans the environment to keep ahead of competition and to survive as a business.The owners seek statistics that provide valuable information about the future of the economy for periods ranging from three to twelve months.Knowing the level of the_______ is of great benefit to Connor.

• A)recession index
• B)leading economic indicators
• C)consumer price index
• D)inflation rate

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Definitions:

AR

Augmented Reality, a technology that superimposes a computer-generated image on a user's view of the real world, providing a composite view.

VR

Short for Virtual Reality, a simulated experience that can be similar to or completely different from the real world, using electronic equipment.

MR

Acronym for Market Research, the process of gathering, analyzing, and interpreting information about a market.

CR

Customer Relationship; the management of interactions and relationships between a business and its customers.