According to the "Continuum of Environmental Sensitivity," Which of the Following

question 206

Multiple Choice

According to the "continuum of environmental sensitivity," which of the following types of products is less sensitive to environmental changes?

• A)"fad"-type consumer products
• B)industrial products
• C)basic commodity-type consumer products
• D)consumer products that are linked to cultural variables
• E)All of these types of products are equally sensitive to environmental changes.

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Definitions:

GICs

Guaranteed Investment Certificates (GICs) are Canadian investment vehicles offering a guaranteed rate of return over a fixed period of time.

Investor

An individual or organization that allocates capital with the expectation of achieving a financial return.

Promissory Note

An economic tool comprising a formal pledge by one entity to give a specific amount of money to another, either upon request or at a predetermined future time.

Term Deposit

A type of financial account where money is deposited for a fixed period and a predetermined interest rate, offering higher interest rates than savings accounts but with restricted access to funds.