Which of the Following Is True of Consumerism

question 29

Multiple Choice

Which of the following is true of consumerism

• A) Can be traced to 17th-century England
• B) Comes from the fact that consumers want a greater voice in the process of product development, distribution and information dissemination
• C) Consumers create pressures on firms through boycotts of brands as well as organizing to bring about regulation
• D) All of these are aspects of consumerism

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Definitions:

Making Payments

The process of transferring funds from one party to another in exchange for goods, services, or to fulfill a legal obligation.

Multiple-Channel Distribution

The process of using more than one channel to sell and distribute products to consumers, such as online, retail outlets, and direct sales.

Distribution Channels

The pathways through which a product or service is delivered from the producer to the end consumer.