Adam Smith was an earlier capitalist philosopher who believed in the strength of the free market and the ability for optimum and fair prices for goods to be determined by a free market. With the ability to buy and sell goods freely, the market would determine the best price according to Adam Smith.
Answer: A focus group
Explanation:
A focus group is a small group of individuals guided by a discussion leader who discuss about a designated topic and pool their opinions together on questions relating to the topic so as to make adjustment for future purposes relating to the stated topic.
Focus groups are also important in marketing research for a product as the opinions from a small focus group can give an idea of a large population needs regarding that product.
Also a focus group of employees in a multinational company can meet with a guided leader in the company to discuss employee needs. the team share their views on problems faced , and on what could be done to improve them for the benefit of all employee.
Answer:
Anaconda plan, military strategy proposed by Union General Winfield Scott early in the American Civil War. The plan called for a naval blockade of the Confederate littoral, a thrust down the Mississippi, and the strangulation of the South by Union land and naval forces.
