About ____ of Retail Sales in the U

question 11

Multiple Choice

About ____ of retail sales in the U.S. takes place in franchise operations.

• A) one fourth
• B) two thirds
• C) one half
• D) one third
• E) 90%

Understand how to effectively change the subject of an ongoing email thread.

Learn the implications of mobile device usage on professional conduct.

Distinguish between presenting facts and opinions in digital media.

Identify best practices for phone usage in a professional setting.

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Definitions:

Consumer Behavior

The study of individuals, groups, or organizations and the processes they use to select, secure, use, and dispose of products, services, experiences, or ideas to satisfy needs and the impacts that these processes have on the consumer and society.

Substitution Effect

The change in the quantity demanded of a good that results from a change in price, making the good more or less expensive relative to other goods.

Consumer Behavior

The study of individuals, groups, or organizations and the processes they use to select, secure, use, and dispose of products, services, experiences, or ideas to satisfy needs.

Equilibrium

A state where supply and demand balance each other, and as a result, prices become stable.