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5-1. Organizational buyers are ___________.
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- 3-8. The Federal Trade Commission (FTC) monitors _____________.1. How does market environment affect the business? 2.1.) Give an example of current trends in the tourism and hospitality industry in terms of the following aspects: ● ● Political Economic Socio-cultural Technological Legal ● Environmental
- 13. What is the term given to the groups, individuals, and organizations that are directly affected by the practices of an organization? A) Primary agents of interest B) Social auditors C) Competitors D) Organizational stakeholders 14. The Chinese government controls all factors of production, the Chinese government has which type of economic systems? A) Capitalism B) Socialism C) Market D) Communism3-5. How does technology impact customer value?Disucss the strategies for effective adminstrative regulations.
- Analyze the picture. 1. What does the picture suggest? ___________________________________________ 2. Is there safety observed by the consumers? ___________________________________________ 3. What business do you think of engaging during this time of COVID pandemic? Mention at least 3.Being locked into a product or technology is a problem only if such a product can be clearly shown to be inferior to an alternative. Using your understanding of market structure, briefly explain what difficulties there might be in establishing such a case?22 - Which of the following is a sector/business environment of the company? a) demographic environment B) corporate culture NS) political environment D) customers TO) economic environment