Some Sales Managers Are Talking About Business

question 108

Multiple Choice

Some sales managers are talking about business. Which quotation refers to a change in quantity demanded?

• A) "Since our competitors raised their prices, our sales have tripled."
• B) "Because it's been such a warm winter, our sales of wool scarves are down from last year."
• C) "We decided to cut our prices, and there has been a big increase in our sales."
• D) "The Green movement has made our biodegradable products best-sellers."
• E) None of the above

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Definitions:

Union Membership

Involvement in an organized group of workers formed to protect and promote their rights and interests.

Narrowly Defined Product

A product that is characterized by very specific features or intended for a specific target market or use.

Union Membership

The state of being a member of a labor union, which is an organization that represents the collective interests of workers.

Membership Dues

Fees paid by individuals to belong to an organization, club, or group, which often fund operations and member activities.