The Basic Objective of the U

question 170

Multiple Choice

The basic objective of the U.S. market-directed economic system is to:

• A) ensure the survival of business firms.
• B) find a reasonable balance between consumer satisfaction and business profits.
• C) reduce the cost of marketing activities.
• D) satisfy consumer needs as the consumers themselves see them.
• E) satisfy consumer needs as seen by marketing managers.

---

Definitions:

Pressure Switch

A device that activates or deactivates electrical contact in response to changes in pressure level.

Proximity Switch

A sensor that detects the presence or absence of an object without physical contact, usually used in industrial applications to control machinery.

Capacitor Proximity Sensors

Sensors that use the capacitance change principle to detect the presence or absence of objects, often used in material handling and level control applications.