FunZone Inc

question 17

Multiple Choice

FunZone Inc. identified and developed a SmartCard that can be used at fair grounds to make the ticketing process easier. The company found that the existing system was complicated and highly time-consuming. The SmartCard was easy to operate and each swipe would deduct the cost of a ride automatically. According to the given scenario, FunZone has recognized a:

• A)market opportunity.
• B)marketing buzz.
• C)marketing engagement.
• D)marketing channel.
• E)market threat.

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Definitions:

Personal Property

Movable property that is not classified as real estate, including tangible items like cars and furniture, and intangible items such as stocks and bonds.

Conversion

The unauthorized act of taking possession and altering the property of another, thereby depriving them of its use or possession.

Punitive Damages

Damages exceeding simple compensation and awarded to punish the defendant for egregious wrongdoing, serving as a deterrent to such behavior in the future.

Willful and Wanton

Describes behavior that shows a reckless disregard for the safety or rights of others, often considered more severe than simple negligence.