In order to be appropriately considered a market, a group of customers or potential customers must have

A. purchasing power.
B. market power.
C. satisfied needs.
D. correlated needs.


Answer: A

Business

You might also like to view...

Developing schedules, milestones, and critical paths is associated with the

A) initiating process group and the cost management knowledge area. B) executing process group and the communications management knowledge area. C) planning process group and time management knowledge area. D) executing process group and the risk management knowledge area.

Business

According to Kurt Lewin's model of the change process, current behavior is maintained when:

A. the forces for the status quo are weakened and the forces for change are increased. B. new attitudes, values, and behaviors are substituted for old ones. C. the force pushing toward preserving the status quo and the force pushing for change are approximately equal. D. old behaviors are discarded by shaking up the equilibrium state that maintains the status quo.

Business

Medical payments coverage insures against costs of medical care for you and other passengers in your car when you are at fault in an accident

Indicate whether the statement is true or false.

Business

Chuck Widle bought a Jeep for a cash price of $24,900. He made a 15.5% down payment and financed the balance with payments of $395.47 per month for 60 months. What was the amount of the finance charge on this loan?

Business