Which of the Following Is True Regarding the Roles of Marketers

question 26

Multiple Choice

Which of the following is true regarding the roles of marketers and consumers in improving the macro-marketing system?

• A)Marketing managers should not be expected to improve and extend the range of goods and services they make available.
• B)The decisions that marketing managers make always increase the choices available to consumers.
• C)Consumer-citizens have the responsibility to vote for laws that place constraints on businesses if those businesses harm the ecological system or make excessive demands on scarce resources.
• D)Marketers and consumers should decide in advance what products will be produced so as not to waste scarce resources.
• E)None of these statements is true.

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Definitions:

Year-To-Date Information

Data gathered or accumulated from the beginning of the current calendar or fiscal year up to the present date.

Assets

Anything owned that has exchange value; all the entries on a balance sheet that show the property or resources of a person or business; the money and items of value in a business.

Gross Collection Ratio Formula

A financial metric used in healthcare to measure the percentage of total charges collected out of the total charges billed to patients and insurance companies.

Total Charges

The complete amount of money required or demanded for a service or goods, often including all additional fees and taxes.