While a Twinkie Snack Costs Around $1

question 9

Multiple Choice

While a Twinkie snack costs around $1.00,without the intervention of the state the real costs of a Twinkie would probably be $10 or higher in Canada or the United States.Which of these is LEAST LIKELY to be an externalized cost of producing a Twinkie?

• A)the paying of agricultural workers less than the minimum wage
• B)the building of roads by the government for the sugar cane industry
• C)the cost of the packaging the Twinkie
• D)the reduction of taxes to ensure the maintenance of corporate profits

Comprehend the roles of trade promotions in marketing and how they support other marketing activities.

Recognize the importance and impact of product placement in marketing strategies.

Differentiate between consumer sales promotions and trade-oriented sales promotions.

Explain the concept and value of loyalty programs in building long-term customer relationships.

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Definitions:

Consensual Secured Transaction

A financial agreement where both parties agree to the deal, and collateral is provided to secure the transaction.

Debtor

An individual or corporation that owes money or a debt to another, known as the creditor.

Collateral

Assets pledged as security for the repayment of a loan, forfeitable in the event of a default.

Contractual Defenses

Legal arguments that can be used to challenge the enforceability of a contract, such as incapacity, duress, or fraud.