Which of the Following Statements Regarding Social Forces Is Most

question 66

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 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:

Work-in-progress

Refers to the materials and goods that are in the process of being manufactured but are not yet completed.

Raw Materials

The unprocessed or minimally processed materials required to manufacture goods, often natural resources like wood, ores, and oil.

Finished Goods

Products that have completed the manufacturing process and are ready to be sold.

Optimal Amount of Credit

The ideal volume of credit a business can extend to customers that maximizes net profitability while minimizing credit risk.