Until Recently, Good PC Software for Producing Digital Videos Was

question 55

Multiple Choice

Until recently, good PC software for producing digital videos was not available, but was much in demand by businesses. The first companies to produce a specific type of program had good sales even though they did little promotion and their programs were not "user-friendly." It seems that many of these "innovators" operated as if they were in the:

• A) simple trade era.
• B) marketing department era.
• C) sales era.
• D) marketing company era.
• E) production era.

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Definitions:

Benefit To Consumers

The advantage or positive outcome that consumers receive from a product, service, or regulatory action, which may include cost savings, improved safety, or enhanced quality.

Competition Outweighs

The situation in which the benefits gained from competitive practices exceed any negative consequences.

State Consumer-Fraud Statute

A law enacted by a state aimed at protecting consumers against fraudulent, deceptive, and unfair business practices.

Actual Damages

Monetary compensation awarded to a plaintiff for proven harm, loss, or injury they have suffered due to the defendant's actions.