Ultimate Consumers Are

question 184

Multiple Choice

Ultimate consumers are

• A) the people who use the products and services purchased for a household.
• B) people who have already purchased a firm's product at least once, have been satisfied, and are likely to make repeat purchases.
• C) people or organizations that have used a competitor's product and who have been dissatisfied, and who are still seeking a product or service to satisfy their needs.
• D) those manufacturers, wholesalers, retailers, and government agencies that buy goods and services for their own use or for resale.
• E) one or more specific groups of potential customers toward whom an organization directs its marketing program.

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Definitions:

Testator's Marriage

The legal union of a person who has made a will, potentially affecting the distribution of their estate upon their death.

Intestacy Laws

State statutes that specify how property will be distributed when a person dies intestate (without a valid will).

Surviving Spouse

The spouse who remains alive after the other spouse passes away, often referenced in the context of inheritance laws or benefits.

Decedent's Estate

Assets and liabilities left by an individual who has passed away.