Customer Environmental Intelligence Includes

question 52

Multiple Choice

Customer environmental intelligence includes:

• A) Demographic factors.
• B) An analysis of the firm's competitors.
• C) New technological applications.
• D) The cost of producing consumer goods.

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Definitions:

Non Est Factum

A defense in contract law that allows a person to avoid liability because they were mistaken about the nature of the document signed, not merely its contents.

Unconscionable Transaction

An equitable principle allowing courts to set aside a contract in which a party in a superior bargaining position took advantage of the other party and the consideration was grossly unfair.

Undue Influence

The use of excessive pressure by a dominant party to influence the decisions or actions of another, often undermining their free will.

Equitable Jurisdiction

The authority of a court to decide on cases based on fairness and ethical judgment rather than strictly on laws.