Consumer Groups Can Exert Enormous Power on Companies by Influencing

question 22

Multiple Choice

Consumer groups can exert enormous power on companies by influencing which of the following?

• A)Public opinion
• B)Competitors
• C)Government
• D)Investors

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Definitions:

New Idea

A novel concept, thought, or innovation that has not been previously implemented or explored.

Consumer Demand

The desire and willingness of consumers to purchase goods and services at a given price.

Demographics

Demographics refer to statistical data relating to the population and the particular groups within it, often used to identify market segments.

Workforce

The group of individuals engaged in or available for work, either in a specific area or in a particular industry or organization.