Henri Started His Own Platinum Importing Firm

question 134

Multiple Choice

Henri started his own platinum importing firm.He has no budget for marketing research but wants to identify potential business customers.Henri's best option,using a "shoestring budget," to research this problem would be:

• A)consulting census data.
• B)visiting competitor's Web sites.
• C)checking NAICS codes.
• D)asking the Chamber of Commerce for assistance.
• E)checking SEC filings.

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Definitions:

Inflation

The pace of ascent in the general pricing for goods and services, eroding the capability to buy.

Expansionary Gap

A situation where the actual output in an economy exceeds the potential output, typically leading to inflation.

Coordination

The process of organizing people or groups so that they work together properly and well.

Workers

Individuals engaged in any form of employment or labor, contributing their skills and efforts in exchange for compensation.