Regarding Business Products,which of the Following Is True

question 233

Multiple Choice

Regarding business products,which of the following is true?

• A)The demand for consumer products is derived from the demand for business products.
• B)Total industry demand is fairly elastic.
• C)Demand facing individual sellers is always inelastic.
• D)Tax treatments of business products have no importance to business customers.
• E)The demand for business products is derived from the demand for consumer products.

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Definitions:

Team Effectiveness

The measure of a team's ability to achieve its goals and objectives in an efficient and timely manner.

Resource Inputs

The raw materials, labor, and other resources used in the production of goods and services.

Team Process

The sequence of actions, interactions, and methods used by a team to achieve its objectives efficiently.

Team Effectiveness

The extent to which a team achieves its objectives, meets the needs of its members, and sustains itself over time.