When Dale Was Considering Establishing a Used Record and CD

question 87

Multiple Choice

When Dale was considering establishing a used record and CD shop,he looked at the average household incomes of the local residents,their education level,and the growth of the area.Which of the following factors was Dale considering?

• A) Business climate
• B) Competition
• C) Demographics
• D) Economies of scale
• E) Span of managerial control

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Definitions:

Bank War

Refers to the political struggle in the early 1830s between U.S. President Andrew Jackson and the supporters of the Second Bank of the United States.

Historical Significance

The importance of an event, person, or place in history due to its impact on subsequent events or its symbolic value.

Democrats

Members or supporters of the Democratic Party in the United States, one of the two major contemporary political parties, traditionally associated with progressive policies.

Whigs

A political party active in the 19th century in the United States that supported federal authority, modernization, and economic protectionism.