Explanation:
Decisions regarding the product, price, promotion and distribution channels are decisions on the elements of the "marketing mix". It can be argued that product decisions are probably the most crucial as the product is the very epitome of marketing planning. Errors in product decisions are legion. These can include the imposition of a global standardised product where it is inapplicable, for example large horsepower tractors may be totally unsuitable for areas where small scale farming exists and where incomes are low; devolving decisions to affiliated countries which may let quality slip; and the attempt to sell products into a country without cognisance of cultural adaptation needs. The decision whether to sell globally standardised or adapted products is too simplistic for today's market place. Many product decisions lie between these two extremes. Cognisance has also to be taken of the stage in the international life cycle, the organisation's own product portfolio, its strengths and weaknesses and its global objectives. Unfortunately, most developing countries are in no position to compete on the world stage with many manufactured value-added products. Quality, or lack of it, is often the major letdown. As indicated earlier, most developing countries are likely to be exporting raw materials or basic and high value agricultural produce for some time to come.
Answer:
Ancient Rome was inland and was built on seven hills at the bank of the Tiber River.
Ancient Greek was surrounded by water and is a series of peninsulas.
Answer:
B. Limit government interference in private businesses.
Explanation:
A market economy is a type of economy in which there is a free market, the prices are determined by the supply and the demand and the government has litte influence and it intervenes only to correct market failures, provide infrastructure and maintain stability. According to that, the answer is that the country would most likely adopt a market economy if it wanted to limit government interference in private businesses.
