In a Situation Analysis, Which of the Following Would NOT

question 66

Multiple Choice

In a situation analysis, which of the following would NOT be a question for identifying the prime prospects?

• A)Can we visualize the typical consumer?
• B)Who are the heavy users?
• C)What are the significant demographic characteristics of our customers?
• D)What are the psychographic characteristics of our customers?
• E)How do they fit in the 70/30 rule?

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Definitions:

GDP

Gross Domestic Product, a measure of a country's economic performance, representing the total value of all goods and services produced over a specific time period.

Foreign Corrupt Practices Act

A United States law aimed at preventing American companies from engaging in bribery and other unethical practices in foreign countries to obtain or retain business.

Facilitation Payments

These are small sums of money paid to expedite or secure the performance of routine governmental actions by officials, often viewed as a form of bribery in many jurisdictions.

Cultural Differences

Variations in the norms, values, beliefs, and practices among different groups, societies, or individuals, arising from ethnic, racial, socioeconomic, geographical, or other distinctions.