If the Demand Curve Shifts Rightward,the

question 109

Multiple Choice

If the demand curve shifts rightward,the:

• A) price in the market will increase.
• B) price in the market will decrease.
• C) supply will inevitably shift in the same direction.
• D) quantity in the market will decrease.

Recognize the importance and benefits of ethical behavior in business.

Identify characteristics that affect persuasion and their implications.

Comprehend the relationship between job satisfaction and organizational behavior.

Explain cognitive dissonance and its effects on individuals.

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Definitions:

Internal Environment

Internal factors within an organization, including employees, company culture, and internal processes.

Strategic Environment

The external and internal factors that influence an organization's strategy and strategic planning processes.

Organizational Culture

The collection of values, beliefs, behaviors, customs, and attitudes that characterizes an organization and guides its practices.

Derived Demand

The demand for a good or service that arises from the demand for another good or service, for example, the demand for steel being driven by the demand for automobiles.