Understanding the customer needs and desires is a component of:

A) demographic/physical environment.
B) social/cultural environment.
C) product potential.
D) market access.

Answer: C

Business

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What federal law prohibits gender-based discrimination in wages for equal work on jobs that require equal skill, effort, and responsibility under similar working conditions?

A. Equal Pay Act. B. Fair Labor Standards Act. C. Davis-Bacon Act. D. None of the above.

Business

Market-penetration, product-development, and market-development strategies would all be examples of ________ strategies

A) concentric growth B) conglomerate C) horizontal D) intensive growth E) integrative growth

Business