All of the Following Except One Are Reasons Why Adam

question 42

Multiple Choice

All of the following except one are reasons why Adam Smith advocated the doctrine of laissez-faire.Which is the exception?

• A)He believed that economic liberty went hand in hand with political liberty.
• B)He believed that working people needed a government to ensure that they were not exploited.
• C)He believed that people should be left free to decide their own economic actions.
• D)He believed that an economy works best if it is left unplanned,uncoordinated and undirected.
• E)In Smith's time,government action was often arbitrary and despotic.

Identify the components that make up a marketing program.

Understand the concept of utility and how it relates to customer satisfaction.

Grasp the importance of segmentation, targeting, and positioning in marketing.

Understand the role of environmental scanning in identifying marketing opportunities and threats.

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Definitions:

Jurisdiction

The legal authority of a court or other institution to make decisions and judgments within a specific geographic area or over certain types of legal cases.

Any Person

Refers to an individual or entity that is considered a legal person under the law.

Federal Law

Legislation enacted by the national government of a country, which supersedes state laws in matters of federal jurisdiction.

Federal Question

A question that pertains to the U.S. Constitution, acts of Congress, or treaties. A federal question provides a basis for federal jurisdiction.