All of the Following Are Important Factors in Defining a Market

question 22

Multiple Choice

All of the following are important factors in defining a market for compensation purposes except:

• A) skill/knowledge required.
• B) product acceptance.
• C) ability to pay.
• D) product and/or labor market competitors.

---

Definitions:

Software

General term for the programs and operating information used by a computer.

Input Device

is a hardware component used to enter data or commands into a computer or other electronic systems.

Hardware Component

A physical piece of a computer or electronic system that contributes to the functionality of the machine.

Mobile Device

A portable computing device such as a smartphone or tablet that has wireless internet capabilities.