1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Eddi Din [679]
3 years ago
8

Hoffman-LaRoche Ltd. and BASF AG, two international pharmaceutical companies, were ordered to pay $725 million in fines for plot

ting to raise and fix prices of vitamins used in virtually every home in the U.S. This is an example of how __________ forces affect the marketing environment.
Business
1 answer:
olya-2409 [2.1K]3 years ago
7 0

Answer:

Political and Legal

Explanation:

Hoffman-LaRoche Ltd. and BASF AG, two international pharmaceutical companies, were ordered to pay $725 million in fines for plotting to raise and fix prices of vitamins used in virtually every home in the U.S. This is an example of how <u>political and legal</u> forces affect the marketing environment.

Business organisations operate within a political system and legal framework. Political factors determine economic policies like taxation and regulations. Business decisions are subject to, and are affected by political and legal factors.

Governments formulate a series of legislations to monitor business activities and protect consumer and social interests.

Such laws would either create new opportunities or threats for the businesses in existence.

In the Scenario above Hoffman-LaRoche and BASF AG must have violated regulations that protect consumer interests put in place by the government by wanting consumers to pay too high for such necessities as vitamins and huge fines have been imposed on them.

You might be interested in
We've talked a lot about "fixed" and "variable" expenses. We've talked about the way these expenses impact your budget and your
eimsori [14]

Answer:c

Explanation:

6 0
3 years ago
Assuming that a marketing research study will answer important questions and reduce uncertainty associated with the proposed pro
scoray [572]

Answer:

The correct answer is C. Is top management committed to the study?

Explanation:

Market research is the process that includes the actions of identification, collection, analysis and dissemination of information with the purpose of improving marketing decision making. Its implementation occurs basically for two reasons:

1. to solve problems, for example, determine the potential of a market.

2. to identify problems, for example, to know why a product does not have the expected consumption. In essence, it seeks to meet the customer thus complying with the first premise of marketing.

That is why managers and researchers continually focus on the search for those practices that will allow them to improve the organization and direction of their processes and therefore increase their likelihood of success.

7 0
3 years ago
Discuss how you react to changes in the environment. For example, there is a change in your class schedule or a change in the pr
Colt1911 [192]

Answer: my reaction would probably not be good

Explanation:

8 0
3 years ago
Qs 20-13 manufacturing: direct materials budget lo p1 miami solar manufactures solar panels for industrial use. the company budg
Helen [10]

Calculation of Direct Material Budget for the month of July:

Budgeted production (Units) for July 5,000

Material required per unit (pounds) 3

Material requirement for July (pounds) = (5000 units * 3 pounds) 15,000

Add: Ending material inventory (5300 units * 3 pounds* 30%) 4,770

Less: Beginning material inventory 4,500

Direct Material Purchase (Pounds) (15000+4770-4500) = 15,270

Cost per pound of Metrial ($) $6.00

Direct Material Purchase ($) (15270 pounds * $6) = $91,620

7 0
3 years ago
Explain what the economic problem is​
Helen [10]

Answer:

Economic systems as a type of social system must confront and solve the three fundamental economic problems: What kinds and quantities of goods shall be produced, "how much and which of alternative goods and services shall be produced?" How shall goods be produced? ..by whom and with what resources

8 0
2 years ago
Other questions:
  • How can you keep yourself updated on the health and safety skills required for your job? A. by reading daily news B. by awaiting
    10·2 answers
  • The Federal Advisory Council of the Federal Reserve decides if any changes to the money supply are needed.
    6·1 answer
  • Ruben is a shareholder of speed bikes company (sbc). when the directors fail to undertake an action to redress a wrong suffered
    6·1 answer
  • What is the most popular ownership structure within the u.S.?
    14·1 answer
  • Shale Miner Co. acquired mineral rights for $60,000,000. It is estimated that there are 80,000 tons of the resource; during the
    6·1 answer
  • In the B2B buying process, ________ can provide tremendous cost savings for firms because they eliminate periodic negotiations a
    5·2 answers
  • using the information below compute the cycle efficiencyDays' sales in accounts receivable 15daysDays' sales in inventory 72days
    8·2 answers
  • People often choose to expose themselves only to media outlets that express their views. What is this called? Group of answer ch
    7·1 answer
  • South Company purchased North Company. South Company paid $550,000 cash and assumed all of North Company’s liabilities. On the d
    9·1 answer
  • a simplified alternative to capitalization of net income that does not take into account bad debts or expenses is called?
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!