Which of the Following Does NOT Describes a Fashion Merchandise

question 92

Multiple Choice

Which of the following does NOT describes a fashion merchandise category?

• A)It consists of items which are only in demand for a relatively short period of time.
• B)New products are continually introduced into test categories.
• C)The introduction of new products makes the existing products obsolete.
• D)The change of colors and styles can make the basic product fashion merchandise.
• E)Forecasting sales is simplistic and predictable.

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Definitions:

Government Spending

The total of all public expenditures made by government agencies, including investments and consumption.

Interest Rates

The cost of borrowing money, typically expressed as a percentage of the amount borrowed, paid to lenders over a specified period.

Government Failure

Occurs when government intervention in the economy causes an inefficient allocation of resources and leads to a net loss of economic welfare.

Special-interest Effect

The impact of a small, organized group on political or economic decisions, often in a way that benefits the group at the expense of the general public.