A retailer wants to understand the consequences of an increase in sales by baby boomers and a decrease in sales by millennials during the past 12 months. This is an example of:

A retailer wants to understand the consequences of an increase in sales by baby boomers and a decrease in sales by millennials during the past 12 months. This is an example of:


a. Problem definition
b. Problem statement
c. Weighing alternatives
d. Problem consequences


Answer: b. Problem statement


Learn More :

Marketing Chapter 3

Learn More Multiple Choice Question :