Consumerism Is A

question 23

Multiple Choice

Consumerism is a:

• A) diverse group of individuals and organizations opposed to foreign producers that sell products in Europe that are much cheaper than those produced by overseas manufacturers.
• B) social movement that is trying to encourage consumer satisfaction.
• C) social movement that is looking to encourage high standard of living.
• D) diverse group of individuals and organizations attempting to protect the rights of consumers.
• E) social movement that provides consumers with means for expressing satisfaction and expressing their gratitude to producers.

---

Definitions:

Unwanted Takeovers

Attempts by one company to acquire control of another company without the consent of the latter's management.

Stockholders

Individuals or entities that own stock in a corporation, making them partial owners of the company and entitling them to a share of its profits.

Consolidation

The process in accounting and finance where the financial statements of a parent company and its subsidiaries are combined to form a single, comprehensive financial statement.

Proxy Contests

A situation where two or more parties vie to collect enough shareholder votes to win a corporate election, often related to changes in company management or strategy.