Answer:
attracted both trade and foreign direct investment.
Explanation:
The free market reforms that took place in the newly industrialized countries (NICs) as in some Asian and Latin American countries, provided the attraction of foreign direct investment and increased trade.
This was due to the fact that lesser trade restrictions and free market reforms were significant incentives for foreign countries to seek investment opportunities in a country that could offer significant advantages, such as tax incentives, cheaper labor and conquering new markets. It also stimulated commercial activity by local and foreign investors, who saw new opportunities to implement activities locally that would bring competitive and economic advantage.
Club med inc. talks to its present and potential customers to assess their needs for its products. Then it develops products to satisfy those needs. The firm is thus applying the Marketing concept.
<h3>
What is Marketing concept?</h3>
The marketing notion refers to the process that a business uses to maximize profit by boosting sales, meeting consumer needs, and outperforming competitors. The goal is to establish a condition that is advantageous to both the customer and the business. The goal of the marketing concept is to better predict and fulfill customers' needs and wishes than the competition. The Adam Smith book Wealth of Nation served as the primary inspiration for the marketing ideas. It was not discovered till the 21st century.
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Answer:
Where clause
Explanation:
Coding is a complex method that involves assigning a different set of clauses for various set of operations. 'Where' clause is used to specify which row or rows must be updated and to perform any operations that are related to assigning anything to rows. It helps to assign a command required to update a row or rows.
Answer:
is counted in C, personal consumption
Explanation:
GDP = Consumption spending + Investment spending + Government Spending + Net Export
Consumption spending is all spending by households on services and goods which could be either durable or non durable goods.
Investment is spending by businesses.
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When marketing managers looks for a relationship between past sales and one or more independent variables, such as population, per capita income, or gross domestic product, they are engaging in regression analysis.
<u>Explanation:</u>
An effective mathematical formalism which enables one to analyze the interaction among two or more interest factors is understood as a regression analysis. While there are several forms of regression analysis, they all analyze the effect of one or more independent variables on a dependent variable at their source.
The linear association among two variables is defined using correlation. Regression is then used to match the best line and predict one variable based on another variable. Regression, then, represents the effect on the dependent variable of the unit shift in the independent variable.