Consumer sovereignty

 

 

 

Consumer sovereignty

 

Glossary of business

 

Definition of consumer sovereignty

 

Consumer sovereignty is the power that consumers have to determine in a market economy what goods and services are produced, in other words the way in which resources are allocated.

 

Source : http://business-tes.wikispaces.com/file/view/Glossary.doc

link: http://business-tes.wikispaces.com/

Author : not indicated on the source document of the above text

 

Terminology about business

 

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Definition and meaning of consumer sovereignty

 

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Meaning of consumer sovereignty

 

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What does consumer sovereignty mean ?

 

 

 

 

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