Better Performance of Our Market-Directed MACRO-Marketing System May Require

question 166

Multiple Choice

Better performance of our market-directed MACRO-marketing system may require:

• A) newer and tougher laws-because the present laws don't do enough to protect competing firms from each other.
• B) more consumer responsibility.
• C) less emphasis on consumer privacy.
• D) less business responsibility because consumers already determine whether a firm will succeed or fail.
• E) None of these alternatives is correct.

---

Definitions:

Labor Force

The total number of people employed and unemployed, actively seeking work in an economy.

Developed Countries

Nations with highly advanced economies, significant industrial activity, and high living standards.

Mortality

The incidence of death within a population.

Literacy Rate

Literacy rate refers to the percentage of people within a population that can read and write at a specified age.