Which of the Following Is NOT True of a Product-Market

question 255

Multiple Choice

Which of the following is NOT true of a product-market?

• A) Competing suppliers offer close substitutes to satisfy needs.
• B) Customers in a product-market have very similar needs.
• C) Very different types of products may compete for consumer dollars.
• D) Naming product-markets includes consideration of where the customers are.
• E) None of these alternatives is true.

---

Definitions:

Facilitative Skills

Abilities that help to make a process easier or more achievable, often used in the context of leadership or group dynamics.

Team Members

Individuals who are part of a group working together towards a common goal or objective.

Facilitator's Responsibility

The duty of someone who makes progress easier or more possible, especially by leading or coordinating a group or process.

Diverse Perspectives

The inclusion of varied viewpoints and experiences, often resulting from differences in culture, ethnicity, gender, and background, enriching decision-making and creativity.