Which of the Following Is NOT a Factor Contributing to the Predicted

question 66

Multiple Choice

Which of the following is NOT a factor contributing to the predicted bankruptcy of the Social Security system?

• A) Social Security is a trust fund.
• B) the baby-boomer generation will be retiring.
• C) people are living longer.
• D) women have been having more children since the 1960s.

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Definitions:

Bad Timing

The undesirable situation of making a decision or action at a time that does not yield the optimal or expected outcome.

Customer Needs

The essential wants and requirements that consumers seek to fulfill with the purchase of goods and services.

Product Quality

The characteristics of a product that determine its ability to meet stated or implied needs and expectations of the user, typically including durability, reliability, and performance.

New-product Development

The process of bringing a new product or service to the market, involving stages such as ideation, design, development, and commercialization.