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Chapter 3 Concept Challenge Quiz

Put personal life ahead of work life your answer true

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Unformatted text preview: -Xers put personal life ahead of work life. Your Answer: True Correct 16. Estimates indicate that by 2010, only one in five U.S. households will consist of married couples with children under the age of 18. Your Answer: True Correct 17. Believing in the institution of marriage is a core belief; believing that people ought to get married early is a secondary belief. Your Answer: True Correct 8/27/2012 3:05 PM Your Results for "Concept Challenge Quiz" 4 of 5 18. http://wps.prenhall.com/wps/grader Oil, coal, platinum, zinc, silver are examples of finite renewable resources. Your Answer: False Correct 19. Two major trends in the political-legal environment deal with the increase in business legislation and the growth of special interest groups. Your Answer: True Correct 20. A major purpose of business legislation and enforcement is to charge businesses with the social costs created by their products or production processes. Your Answer: True Correct 21. "There is really no such thing as an Asian market." Explain the meaning of this statement. Your Answer: Chapter 3 There are five major Asian American groups in the United States, each with its own very specific market characteristics. Each of these groups speak different languages, consume different cuisines, practice different religions, and represent very distinct national cultures. 22. Name and describe briefly the four types of industrial structures. Your Answer: Chapter 3 1. Subsistence economies offer few opportunities for marketers. 2. Raw-material-exporting economies offer good markets for equipment and tools and luxury goods for the rich. 3. Industrializing economies have a new rich class and a growing middle class demanding new types of goods. 4. Industrial economies are rich markets for all sorts of goods. 8/27/2012 3:05 PM Your Results for "Concept Challenge Quiz" 5 of 5 http://wps.prenhall.com/wps/grader 8/27/2012 3:05 PM...
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