The Grassroots Movement Started in the 1960s to Increase the Influence,power,and

question 175

Multiple Choice

The grassroots movement started in the 1960s to increase the influence,power,and rights of consumers in dealing with institutions is known as

• A)Protectionism
• B)Environmental scanning
• C)Consumerism
• D)Ethnocentrism

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Definitions:

Lawn-mowing

The act of cutting the grass of a lawn to maintain its appearance and health.

Perfectly Competitive

A market structure where there are many buyers and sellers, all of whom have negligible impact on the market price.

Marginal Cost

The increment in total spending due to the manufacture of one more unit of a product or service.

Fixed Cost

Fixed Cost is a business expense that does not change with the level of goods or services produced within a certain period.