Consider the following statement: "In late 2010, President Obama signed into law the Food Safety Modernization Act
The Food and Drug Administration will now be allowed to do a mandatory recall of tainted food when a company fails to voluntarily recall the contaminated product." There are seven outside forces that can influence the success of marketing programs. Which one does this example describe?
A) economic forces
B) competitive forces
C) global forces
D) legal and regulatory forces
E) political forces
Answer: D
Explanation: D) Legal and regulatory forces consist of laws and government regulations designed to protect consumers and restrain anticompetitive business behavior.
You might also like to view...
Only through ________ can trust be supported to bridge the gap between sellers and buyers.
A. faith B. success C. truth D. planning E. purpose
A production cost is classified as an overhead cost if it is not directly traceable to an end product or a cost object
Indicate whether the statement is true or false
Behavioral segmentation divides consumers according to
A. how consumers behave with or act towards products. B. the various lifestyles of the consumer. C. consumers' opinion and interests. D. how motivated and how many resources a consumer has. E. customer convenience and market size.
If you are frustrated or upset that no one was able to answer your call, it is fine to share your disappointment as part of your voice mail message.
Answer the following statement true (T) or false (F)