Demand Management: Definition & Examples

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

When consumers want something, it is called what

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1. Predicting and planning for demand is called what?

2. When the government manages demand it is called what?

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About This Quiz & Worksheet

This quiz and worksheet provide a review of your understanding of demand management and how it affects the consumer. You'll also revisit what you know about demand management on both large and small scales.

Quiz & Worksheet Goals

Use this quiz and worksheet to review what you know about:

  • Common terms related to demand management
  • The names of large and small scale demand management
  • What demand management does

Skills Practiced

  • Information recall - remember what it is called when consumers want something
  • Knowledge application - use what you know about demand management to name the different types
  • Making connections - apply what you've learned about the concept of demand management to explore how it affects consumers

Additional Learning

You can find a more comprehensive review in the provided lesson, Demand Management: Definition & Examples. You'll learn more about:

  • What supply is
  • Tactics to influence demand
  • How the government can intervene to increase demand
  • Controlling consumer demand at a company level
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