Regarding Population Size as a Characteristic for Analysts to Examine

question 73

Multiple Choice

Regarding population size as a characteristic for analysts to examine

• A) Population size alone is an excellent indicator of economic strength.
• B) Population size alone is a good predictor of demand for consumer durables.
• C) Population size alone is an excellent indicator of market potential.
• D) Population size alone is a poor indicator of market potential.
• E) Population size alone is a poor indicator of market potential for products such as soft drinks.

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Definitions:

Transactional Function

Activities involved in buying and selling products or services, including pricing, negotiation, and settlement of payments.

Dealer

A person or business that buys and sells products or services, often acting as a middleman between the manufacturer and the consumer.

Imprecise Term

A term that lacks specificity and clarity, often leading to ambiguous interpretation.

Logistical Functions

Activities involved in obtaining, producing, and distributing materials and products in the proper place and in proper quantities.