Dynamic economies differ from static economies in that dynamic economies:
A) need not match marketing efforts with the market needs and wants.
B) have rapidly changing consumption patterns.
C) have rigid consumption patterns.
D) define marketing as typically nothing more than a supply effort.
E) do not require the marketer to be prepared for economic shifts and emerging markets.

Question

Quizplus · Accepted Answer

In a dynamic economy, consumption patterns change rapidly. Marketing constantly faces the challenge of detecting and providing for new levels of consumption, and marketing efforts must be matched with ever-changing market needs and wants.

Dynamic Economies Differ from Static Economies in That Dynamic Economies