Unlike Previous Generations, Salespeople Today Can Work from Home Offices

question 37

Multiple Choice

Unlike previous generations, salespeople today can work from home offices, communicate with colleagues in different parts of the world almost instantly, and commute electronically to work.This flexibility is due to changes in

• A)economic forces.
• B)political forces.
• C)demographic forces.
• D)technological forces.
• E)sociocultural forces.

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Definitions:

Price Falls

A situation where the cost of goods or services decreases, often reflecting changes in supply and demand.

Price Ceiling

A government-imposed limit on how high a price can be charged on a product or service.

Equilibrium Price

A price point where the supply of goods meets the demand for those goods in the market.

Quantity Supplied

The total amount of a good or service that producers are willing and able to sell at a specific price over a certain period of time.