How Does a "Scenario" Differ from a "Social Clock

question 71

Multiple Choice

How does a "scenario" differ from a "social clock?"

• A) A scenario is a guess, and a social clock is reality.
• B) A scenario is the future, and a social clock is present time.
• C) A scenario is a path, and a social clock is the timetable.
• D) A scenario is set by others, and a social clock is set by oneself.

---

Definitions:

Important Attributes

Critical characteristics or features that determine or significantly impact the value, functionality, or appeal of a product or concept.

First Purchase

The initial acquisition of a good or service by a customer.

Percentage of Sales Budgeting

A method of budgeting where marketing and/or advertising expenses are based on a predetermined percentage of past or forecasted sales.

Competitor's Absolute Level

A measurement or assessment of a competitor's total performance or standing in the market without relative comparison.