What Do We Call a Group of People or Organizations

question 8

Multiple Choice

What do we call a group of people or organizations that has wants and needs that can be satisfied by particular product categories, and has the ability to purchase these products?

• A)a firm
• B)a base
• C)a market
• D)a target

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Definitions:

Decision-Making

The cognitive process of selecting a course of action from among multiple alternatives, typically aimed at solving a problem or achieving a goal.

Moral Dilemma

Involves a choice between two or more ethically uncomfortable alternatives.

Judgment

The ability to make considered decisions or come to sensible conclusions.

Intellect

The capacity for understanding, reasoning, and thinking critically.