In the Context of Social Factors That Affect Marketing,with Component

question 38

Multiple Choice

In the context of social factors that affect marketing,with component lifestyles,people are:

• A)​becoming nondiscriminating and undemanding.
• B)choosing products that meet their diverse needs.
• C)reducing the complexity of their buying behavior.
• D)​preferring products that meet traditional needs and interests.

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Definitions:

Karl Marx

A 19th-century philosopher, economist, and revolutionary who is most famous for his theories about capitalism and communism.

Thomas Malthus

An English cleric and scholar influential in the fields of political economy and demography, best known for his theory on population growth.

Overpopulation

A condition where an area's population exceeds the capacity of the environment to support it at an acceptable standard of living.

Capitalism

A financial structure where the means for producing goods and services are privately owned, aiming to generate profit.