List the Four Major Cultural, Microcultural, and Demographic Trends Affecting

question 61

Essay

List the four major cultural, microcultural, and demographic trends affecting consumer behavior.

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Definitions:

Expenses

Outflows or using up of assets as a part of operations of a business to generate revenue.

Equity

The ownership interest held by shareholders in a corporation, represented by the residual assets minus liabilities.

Liabilities

Financial obligations or debts owed by a company to outside individuals or entities.

Assets

Resources owned by a company or individual that have economic value and can provide future benefits.