A Marketing Audit Should Include Assessments About ______________

question 38

Multiple Choice

A marketing audit should include assessments about ______________.

• A) Customers
• B) Suppliers
• C) Employees
• D) Competition
• E) All of the above

---

Definitions:

High Inflation

A situation where prices for goods and services rise rapidly over a period, eroding purchasing power and potentially destabilizing the economy.

Crowding-Out Effect

Large federal budget deficits are financed by Treasury borrowing, which then crowds private borrowers out of financial markets and drives up interest rates.

Full Employment

A situation in which all available labor resources are being used in the most economically efficient way, minimizing unemployment to only frictional or structural levels.

Serious Recession

A significant period of economic decline across the economy that lasts more than a few months, typically evident in real GDP, real income, employment, industrial production, and wholesale-retail sales.