contestada

Which of the following limited resources must businesses consider when determining the best allocation of its resources and making trade-off decisions?

A. consumer preferences

B. labor

C. profit

D. attention

Respuesta :

Answer:a

Explanation:

The limited resources must businesses consider when determining the best allocation of its resources and making trade-off decisions are the consumer preferences Option(a) is correct.

What are Consumer preferences?

Consumer preferences are characterized as the abstract (individual) tastes, as estimated by utility, of different heaps of products. They grant the consumer to rank these heaps of products as indicated by the degrees of utility they give the consumer.

Understanding consumer conduct is significant for organizations since it can assist them with coming to better conclusions about their items and administrations. By understanding the reason why individuals buy specific items and how they use them, organizations can adjust their contributions to more readily suit the requirements and needs of their objective market.

Five elements were found significantly to impact consumer preferences in the two business sectors, specifically propensity, food quality, item accessibility, the inclination to help nearby food, and the accessibility of data and information. Preference is preferring a certain something or one individual better than others. An illustration of preference is the point at which you like peas actually and generally better than carrots.

Therefore Option(a) is correct.

Learn more about Consumer preferences here:

brainly.com/question/3129917

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