If You Were to Ask Most Canadians What They Most

question 27

Multiple Choice

If you were to ask most Canadians what they most desired to make their life easier,a surprising number of them will say more time.This perception of "time poverty" has led to the use of high-tech communications everywhere.It is almost as if there are no boundaries between work and the rest of our lives.This feeling that there are not enough hours in a day has strongly influenced the marketing environment.What type of factor is this an example of?

• A)social
• B)economic
• C)legal
• D)demographic

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Definitions:

Owners' Equity

Owners' equity, similar to stockholders' equity, is the proportion of a company's total value that belongs to its owners or shareholders, reflecting the net assets after liabilities have been deducted.

Accounts Receivable

Funds that a business is due to receive from its clients for products supplied or services rendered, but which have not been paid for yet.

Capital Balances

The amount of money that owners have invested in a company, plus any retained earnings or minus any losses.

Partnership

An authorized business setup in which a group of individuals jointly manage the operation and distribution of profits.