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 a highly predictable and loyal consumer base.
D) define marketing as typically nothing more than a supply effort.
E) do not require a marketer to be prepared for economic shifts and emerging markets.

Question

Quizplus · Accepted Answer

Dynamic economies are characterized by rapidly changing consumption patterns, unlike static economies where changes are slower and more predictable. This necessitates different strategies for businesses to adapt and thrive.

Dynamic Economies Differ from Static Economies in That Dynamic Economies