Match Each Definition to the Corresponding Term

question 235

Multiple Choice

Match each definition to the corresponding term.
-The _____ is an interactive process that occurs in the marketplace among marketers of directly competitive products,marketers of products that can be substituted for one another,and marketers competing for the consumer's purchasing power.

• A)environmental scanning
• B)environmental management
• C)competitive environment
• D)time-based competition
• E)economic environment
• F)demarketing
• G)consumerism
• H)marketing ethics
• I)social responsibility
• J)green marketing
• K)oligopoly
• L)gross domestic product
• M)planned obsolescence
• N)inflation
• O)socially responsible marketing
• P)political-legal environment
• Q)VoIP
• R)discretionary income
• S)antitrust
• T)strategic alliance

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Definitions:

Total Assets

The sum of all assets owned by a company, including cash, investments, property, and equipment.

Period Of Time

A specific duration or length of time during which an event occurs or a condition exists.

Expenses

Costs incurred in the operations of a business that are necessary for earning revenue.

Owner's Equity

The residual interest in the assets of an entity after deducting liabilities, often referred to as the net assets or shareholders' equity.