As Consumers Shift Their Support to Firms That Prove to Meet

question 76

Multiple Choice

As consumers shift their support to firms that prove to meet their needs,

• A)laggard businesses are forced to either improve or get out of the way.
• B)firms should focus on domestic markets and ignore international ones.
• C)firms must immediately adopt their competitors' strategies.
• D)firms should adhere to the idea that "if it ain't broke,don't fix it."
• E)firms should increase promotional expenditure.

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Definitions:

Active Volcano

A volcano that has erupted in the recent past and is considered likely to do so again.

Iron-Nickel Meteorite

A type of meteorite consisting mainly of iron and nickel, typically formed from the core of ancient asteroids.

Continental Crust

The type of Earth’s crust that underlies the continents and the continental shelves; average granitic composition, but includes diverse types of material.

Oceanic Crust

the part of the Earth's crust that underlies the oceans, thinner and denser than continental crust.