General Motors buys steel because consumers buy cars. If consumer demand for cars drops, so will General Motors’ demand for steel. This is an example of the relationships found in___________

Related MCQs

• General Motors buys steel because consumers buy cars. If consumer demand for cars drops, so will General Motors’ demand for steel. This is an example of the relationships found in___________
• When a consumers purchase a product for the first time and buys a small quantity than usual, this purchase would be considered as a ____________
• When a consumers purchase a product for the first time and buys a small quantity than usual, this purchase would be considered as a ____________
• The consumer can obtain information from any of several sources. If the consumer were to obtain information from handling, examining, or using the product, then the consumer would have obtained the information by using a(n):
• The consumer can obtain information from any of several sources. If the consumer were to obtain information from handling, examining, or using the product, then the consumer would have obtained the information by using a(n)__________
• When demand comes (as it does in the business market) from the demand for consumer goods, this form of demand is called:
• When demand comes (as it does in the business market) from the demand for consumer goods, this form of demand is called___________
• When demand comes (as it does in the business market) from the demand for consumer goods, this form of demand is called___________
• _____ is a key to building lasting relationships with consumers.
• A new product is a good, service, or idea that is perceived by some potential customers as new. Our interest is in how consumers learn about products for the first time and make the decision to buy them. This is called the _____.