Which of the Following Statements Regarding Social Forces Is Most

question 41

Multiple Choice

Which of the following statements regarding social forces is most accurate?

• A)Social forces can have a dramatic impact on marketing strategy.
• B)As a social force,consumer incomes have more impact on marketing strategy than demographics.
• C)Social forces within an organization motivate employees to improve their productivity.
• D)Social forces determine all of the other environmental forces that affect an organization.
• E)Of all the environmental forces,social forces are the easiest for a marketer to manipulate.

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Definitions:

Quick Ratio

A liquidity ratio that measures a company's ability to meet short-term obligations with its most liquid assets, calculated as (Cash + Marketable Securities + Receivables) / Current Liabilities.

Current Assets

Resources anticipated to be transformed into cash, disposed of, or used up within the span of one year or throughout the duration of the operating cycle, depending on which of the two periods extends further.

Current Liabilities

Financial obligations or debts a company is due to pay within a year.

Product Warranty

A promise made by a seller to a buyer to repair or replace a product within a specific time frame if it is found to be defective.