Which of the Following Statements About Ethnic Dimensions of the U

question 107

Multiple Choice

Which of the following statements about ethnic dimensions of the U. S. market is True?

• A) Ethnic groups buy differently and have different needs.
• B) Many firms make the mistake of treating all consumers in an ethnic group as homogeneous.
• C) The number of ethnic consumers is growing at a faster rate than the overall society.
• D) The buying power of ethnic submarkets is increasing rapidly.
• E) All of these statements about ethnic dimensions are True.

---

Definitions:

NASCAR Teams

Professional racing teams that compete in the National Association for Stock Car Auto Racing series, characterized by high-speed vehicle competitions.

Goal Clarity

The extent to which the objectives or targets of an endeavor are clearly understood and defined.

Goal Difficulty

Refers to how challenging a set objective is to achieve, impacting motivation and strategy for accomplishment.

Management By Objectives

A strategic management model that aims to improve the performance of an organization by clearly defining objectives that are agreed upon by both management and employees.