Match Each Definition to the Corresponding Term

question 167

Multiple Choice

Match each definition to the corresponding term.
-A market condition where relatively few producers compete because of barriers like high start-up costs that restrict entry is called a(n) _____.

• A)environmental scanning
• B)environmental management
• C)competitive environment
• D)time-based competition
• E)economic environment
• F)demarketing
• G)consumerism
• H)marketing ethics
• I)social responsibility
• J)green marketing
• K)oligopoly
• L)gross domestic product
• M)planned obsolescence
• N)inflation
• O)socially responsible marketing
• P)political-legal environment
• Q)VoIP
• R)discretionary income
• S)antitrust
• T)strategic alliance

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Definitions:

All Rights

This term indicates that every possible right or privilege associated with a legal or contractual situation is retained, without limitation.

Assignor

The party in an assignment agreement who transfers rights or interests to another party, the assignee.

Delegation of Duties

The act of assigning specific tasks or responsibilities to subordinates in an organization.

Delegator

An individual or entity that assigns tasks or responsibilities to another.