Which of the Following Statements About Ethnic Dimensions of the U.S.market

question 165

Multiple Choice

Which of the following statements about ethnic dimensions of the U.S.market is true?

• A)Ethnic groups buy differently and have different needs.
• B)Many firms make the mistake of treating all consumers in an ethnic group as a single group.
• C)The number of ethnic consumers is growing at a faster rate than the overall society.
• D)The buying power of ethnic submarkets is increasing rapidly.
• E)All these statements are true.

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Definitions:

Risk-free Rate

The theoretical return on an investment with zero risk, typically represented by government bonds or bills of a stable government.

Exchange Rates

The price at which one currency can be exchanged for another, influencing international trade and investments.

Pesos

The currency used in several countries, including Mexico and the Philippines, symbolizing the monetary unit.

Bolivars

The currency of Venezuela.