Which of the Following Is an Example of a Long

question 26

Multiple Choice

Which of the following is an example of a long run adjustment?

• A)Your university offers Saturday morning classes next fall.
• B)Ford Motor Company of Canada lays off 2,000 assembly line workers.
• C)A soybean farmer turns on the irrigation system after a month long dry spell.
• D)Rona builds another store.

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Definitions:

Marketing Action

Initiatives or activities undertaken by a company to promote its products or services with the aim of increasing sales and enhancing brand recognition.

Distribution Channel

A pathway through which goods or services move from the producer to the consumer.

Target Market

One or more specific groups of potential consumers toward which an organization directs its marketing program.

Sustainable Shoes

Footwear designed and produced with environmental and ethical considerations in mind, often using recycled or eco-friendly materials.