Which of the Following Is NOT an Example of How

question 64

Multiple Choice

Which of the following is NOT an example of how the economic environment may affect marketing strategy planning?

• A) The price of bicycles is rising because of inflation.
• B) Bicycle manufacturers are finding it difficult to sell from Web sites because shipping an individual bike is very expensive.
• C) Because of exchange rates, imported bikes are cheaper than those made in the United States.
• D) Both bike manufacturers and bike retailers are adjusting their strategies as a result of the recession.
• E) The demand for bikes is increasing because consumers are becoming more health conscious.

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Definitions:

Probability

A method of determining the likelihood of an event's occurrence, rated between 0 and 1.

Business Class

A travel class on commercial transportation, especially flights, offering higher quality service than economy class but at a higher cost.

Plastic Arrow

A type of arrow made primarily from plastic components, often used for recreational archery or as a learning tool.

Probability Assignment

The process of attributing a numerical likelihood to the occurrence of an event.