When a Food Distributor Looks at Changing the Products It

question 120

Multiple Choice

When a food distributor looks at changing the products it markets in the southern states because of an increasing percentage of customers from Central and South America,it is looking at the ____ forces.

• A)economic
• B)demographic
• C)technological
• D)political
• E)legal

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Definitions:

Short-run Profit

The excess of revenues over costs within a brief period, not accounting for adjustments in all resource inputs or long-term sustainability.

Double Scoop

A term often associated with serving two scoops of ice cream, sometimes used metaphorically to indicate "an additional amount or bonus."

Sales Per Day

The average number of transactions or units sold by a business over a specified period, typically calculated on a daily basis.

Maximize Profit

The process or strategy aimed at achieving the highest possible profit from business operations, often by increasing revenue, reducing costs, or both.