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Andreas93 [3]
2 years ago
15

Some companies do not act responsibly in the marketplace, especially when it comes to fair competition. Fair competition between

businesses is necessary for the marketplace to operate effectively. The market economy relies chiefly on market forces to allocate goods, services, and other resources, and to determine prices. some companies they use unethical tactics to eliminate competition.
1.Explain three main unethical practices of businesses that can affect consumers.

2. Highlight the main two Responsibilities towards customers.
Business
1 answer:
yanalaym [24]2 years ago
8 0

Answer:

A market economy is an economic system in which economic decisions and the pricing of goods and services are guided by the interactions of a country's individual citizens and businesses. There may be some government intervention or central planning, but usually this term refers to an economy that is more market oriented in general.

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When using a __________ strategy, there is no change in either the basic product line or the markets served. Instead, increased
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Answer: market development

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These strategies are usually used by the multinational corporations that are going to start their business in some new foreign country.

Hence from the above we can conclude that the correct option is B.

6 0
3 years ago
How does unsafe food harm us<br>​
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6 0
2 years ago
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Answer:Documenting rules, procedures, and guidelines to be tested against a system.

Explanation:

Assessment means to analyzing  someone or something  in respect of its quality, quantity and other such characteristics. Generally, assessment is done by comparing the actual results with some predetermined criteria .

Assessment is done by firms to know whether there is a problem, where it is and how it can be solved so that future losses could be saved.

Hence from the above we can conclude that the correct option is C .

6 0
2 years ago
At the profit-maximizing level of output
tensa zangetsu [6.8K]

Answer:

The correct answer is letter "C": marginal revenue equals marginal cost.

Explanation:

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Marginal costs vary according to changes in production. Because of that, managers must identify when those events happen to calculate the profit margin (percentage sales that are converted into profits) of the firm to avoid losses.

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3 years ago
Recent U.S. Supreme Court decisions solidified the idea that the ADEA is designed specifically to protect older workers from dis
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Answer:

True

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General Dynamics Land Systems, Inc. v. Cline, 540 U.S. 581 (2004)

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