_____ Are Outcomes of Changes in the Skills and Equipment

question 3

Multiple Choice

_____ are outcomes of changes in the skills and equipment managers use to design, produce, or distribute goods and services.

• A)Cultural forces
• B)Political forces
• C)Demographic forces
• D)Technological forces
• E)Sociocultural forces

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Definitions:

Consumer Transactions

The buying and selling of goods or services between businesses and individuals for personal use or consumption.

Consumer Protection Legislation

Laws and regulations designed to ensure the rights of consumers are protected against unfair practices by businesses.

Province

A territorial unit of administrative division within a country, often enjoying a certain degree of self-government.

Negotiable Instruments

Financial documents, such as checks or promissory notes, that guarantee the payment of a specified amount of money, either on demand or at a set time, with the feature of being transferrable to another holder.