Examlex

Solved

An Ethical Problem Related to the Distribution Strategy Is Whether

question 119

True/False

An ethical problem related to the distribution strategy is whether marketers have the responsibility to serve unsatisfied markets, even if the profit potential is slight.


Definitions:

Ideally

In a perfect or most suitable way, often used to describe an optimal condition or scenario.

Very Elastic

A description of a demand or supply curve which shows that the quantity demanded or supplied changes significantly as price changes.

Unit Elastic

A situation in which a one percent change in price causes an equal percentage change in quantity demanded or supplied.

Very Inelastic

Describes a situation where the demand or supply for a product is barely affected by changes in the price.

Related Questions