A Website for Ten Tree Apparel Allows Consumers to Predict

question 34

Multiple Choice

A website for Ten Tree Apparel allows consumers to predict which will be the most successful t-shirt design.This process is taking advantage of:

• A) the wisdom of crowds.
• B) viral marketing.
• C) guerrilla marketing.
• D) reference group influence.

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Definitions:

Fiscal Policy

Adjustments made by the government in its budgeting and taxation to oversee and steer the economic health of a nation.

Taxes

Obligatory fiscal charges or various forms of dues levied on a taxpayer by government agencies with the aim of covering government expenses and assorted public financial needs.

Expenditures

Money spent by individuals, businesses, or governments on goods and services.

Budget Deficit

A financial situation where a government's expenditures exceed its revenues within a specific period, leading to borrowing or depleting reserves.