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- Discuss this statement: “Business competition encourages improved product quality and increased customer satisfaction.”9. What is the environment where a firm conducts business known as A) Global business environment B) Economic environment C) Domestic business environment D) Technological environment 10. What is the willingness and ability of producers to offer a good for sale referred to as? A) Private enterprise B) Supply C) Free market economy D) Law of supplyWhich one of the four approaches to environmental issues is compatible with current market economies?Select one:a. Dark greenb. Bright greenc. Light greend. Deep green
- Choose two organizations operating in the same sector. Write a report on the comparison of CSR activities of two companies. The template is provided as follows. 1-Describe the profile of two companies selected and CSR activity carried out by each company? 2-The Positive Impact of CSR on the Society ? 3-Your opinion -Any three CSR Activities that you suggest to the Organizations and their Significance?11 Economic factors have no effect on consumer spending and buying behavior. Select one: a. False. b. True.The westward movement that came about because of the concept of Manifest Destiny eventuallybrought education, agriculture, technology, medical care and other development to the state ofNevada. From your perspective, was Manifest Destiny morally right or wrong? Support youranswer by citing an online source.
- Forces Affecting Business in Today's Dynamic Environment The business environment consists of several factors that affect a business's ability to be successful and operate profitably. Creating the right business environment is the foundation for social benefits of all kinds. Businesses operate in a dynamic environment that consists of economic, technological, competitive, social, and global factors. Businesses normally can't control their environment or the changes that occur, but they need to monitor it carefully and do what they can to adapt to the changes. Read the descriptions of each company, then match it with the appropriate environmental force. 1 Global Social 3 Technological 4 Economic and legal 5 CompetitiveIt is where the entrepreneur idealize where and how he will market his product/service. a. Opportunity Spotting and Assessment b. Screening O c. Seizing O d. SeekingWhat is your Ideas for business proposal about sustainability and prosperity.
- Describe the three attributes of monopolistic competition. How is monopolistic competition like monopoly? How is it like perfect competition? Draw a diagram depicting a firm that is making a profit in a monopolistically competitive market. Now show what happens to this firm as new firms enter the industry.Critical Thinking What role has technology played in the globalization of businesses? Has technology lev- eled the economic playing field, or has it merely in- creased the distance between the "haves" and the "have-nots"? Give at least one example of each and explain your position.With your team, choose three established business theories that apply to the current event and market reactions. Recommend alternative courses of action that are consistent with established business theories and conclude