How Would Marketers Most Likely Benefit from the Consumer's Right

question 197

Multiple Choice

How would marketers most likely benefit from the consumer's right to be heard?

• A)Consumers will tell others about their bad experience with the company.
• B)The company can use the information to make its products better.
• C)They gain valuable information about their competitors.
• D)Consumers will drop their complaints if companies hear them out.
• E)More information about the products can be posted online.

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Definitions:

Withdrawals Account

An account used to record the amounts withdrawn by the owner from the business for personal use.

Income Summary

An account used during the closing process that summarizes the revenues and expenses of an accounting period to calculate the net income or loss.

Temporary Account

A temporary account is an account that is closed at the end of each accounting period, with its balance transferred to a permanent account.

Real Accounts

Accounts related to assets, liabilities, and equity that are not closed at the end of the accounting period.