When Consumers Are Unhappy with a Product, They May Boycott

question 5

Multiple Choice

When consumers are unhappy with a product, they may boycott the product and/or store and express dissatisfaction to friends. This is called a ________ response.

• A) private
• B) third-party
• C) voice
• D) public

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Definitions:

Domestic Corporations

Companies that are incorporated and operate within their home country's jurisdiction.

Subsidiary Corporation

A company that is completely or partly owned and wholly controlled by another company, known as the parent company.

Holding Company

A company created to buy and own the shares of other companies, which it then controls.

Board of Directors

A group of individuals elected to represent shareholders and govern the affairs of a corporation.