Answer:
Option "A" is the correct answer to the following statement.
<u>Conduct Market Research
.</u>
Explanation:
The aim of doing consumer research is to arm yourself with the knowledge you need to make intelligent strategic decisions regarding companies, creativity, development and commodity, size, position , and promotion. Brand-Improve the good or service depending on what the clients want rather than need.
- To serve the needs of current customers and how they have selected our company over rivals, we use analysis.
- Take business choices about your product well educated, and establish effective methods.
Answer:
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Explanation:
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Answer: B) Whistleblowing
Explanation:
Whistleblowing is an act where someone in a company discloses unethical practices usually from the entity that they work in. It is a very risky thing to do because it could signal the end of one's career in a certain industry.
Whistleblowing however helps in contributing to entities staying ethical because they'd rather avoid the bad publicity that comes with it and this is why most companies have a whistleblowing policy to make it easier for people to come forward.
Whistleblowing can be done to the Government, the press or even the entity at fault itself.
Lori by giving an anonymous tip to the press about unethical behavior has engaged in Whistleblowing.
Examples of some well known Whistleblowers include, Edward Snowden and Chelsea Manning.
Answer:
The key economic idea being exemplified is c) People are rational
Explanation:
The economists’ assumption is that firms and consumers utilize all available information to attain their goals and weigh all costs and benefits of each action taken. Moreover, firms and consumers only choose an action if the benefits exceeds the costs. Therefore, the action of manufacturing firms to move their operations from overseas back to the US due to the increased preference for US manufactured goods exemplifies that consumers and firms rely on all available information when pursuing their goals.
The answer to the question really depends on the nature of the business or the company.
Let us take for example, a food chain. The crews in this business are always reminded of the importance of washing of hand in order to avoid the occurrence of an event wherein the food being served to the customer might get contaminated.
On the other hand, if the business and the position of the subject matter does not involved handling food or other materials then, it may be acceptable for them and the manager need not remind the employees anymore.
