Changes in Social Forces Can Have a Dramatic Impact on a Marketing

question 209

Multiple Choice

Changes in social forces can have a dramatic impact on a marketing strategy,some of these social forces in the environment include the demographic characteristics of the population,and it's _____.

• A)living standards
• B)social class
• C)values
• D)dialect

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Definitions:

Multiplier

A factor by which an increase in investment results in a greater increase in output.

Dollars

Dollars are a unit of currency used in the United States and other countries, serving as a medium of exchange, unit of account, and store of value.

Arbitrage

The practice of exploiting price differences for the same asset in different markets by simultaneously buying and selling the asset to take advantage of those price differences.

Risk-free Rate

A forecasted return rate on a risk-free investment, usually shown through government security yields.