It is important to note that politics and the economy have effects on the transportation industry, as the industry is ever changing with new policies, regulations, or capacity issues.
Politicians and the policies they create dictate the US economy, effecting all industries. It is seen that the transportation industry saw effects because of the trade and tariff wars. The overall regulations depend largely on the economic and political outlook of the party in power.
For instance, a government that is inclined to pursue neo-liberal policies, could pass more legislations favoring industries and big businesses, while a government inspired by socialism could push policies favoring small businesses.
Hence, the answer was given and explained above.
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The management viewpoint that asks the question, "What method is the best to use under these particular circumstances is Contingency management.
<h3>What is Contingency management?</h3>
Contingency management can be regaeded as kind of management that involves behavioural situation whereby individuals are 'reinforced', based on evidence of positive behavioural change.
Therefore, Contingency management asks the question, "What method is the best to use under these particular circumstances .
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“Because of inflation, prices have gone up considerably for almost everything.”
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Answer:
Sales promotion is a marketing strategy where the product is promoted using short-term attractive initiatives to stimulate its demand and increase its sales.
This strategy is usually brought to use in the following cases
to introduce new products,
sell out existing inventories,
attract more customers, and
to lift sales temporarily.