CHAPTER 8 Kindly Answer the following questions: 1. In your own words, discuss what community relations in the context of commerce is.    2. What do you think is the importance of having a good relationship with the different communities that brands or companies have?   3. What could be the consequences of having a negative impression on your brand?    4. Imagine yourself as a business owner, and if you were to be asked right now, what would be your 3 main strategies in maintaining a good relationship with your communities? As always, it should be realistic, sustainable, and cost-efficient.

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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CHAPTER 8

Kindly Answer the following questions:

1. In your own words, discuss what community relations in the context of commerce is. 

 

2. What do you think is the importance of having a good relationship with the different communities that brands or companies have?

 

3. What could be the consequences of having a negative impression on your brand? 

 

4. Imagine yourself as a business owner, and if you were to be asked right now, what would be your 3 main strategies in maintaining a good relationship with your communities? As always, it should be realistic, sustainable, and cost-efficient.

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