The industry is currently in long-run equilibrium. The economy now goes into a recession and average incomes decline. The result will be an increase in output, but not in the price, of the product. This is further explained below.
<h3>What is a
product?</h3>
Generally,
In conclusion, The market is in a state of long-term balance. There is currently a drop in typical salaries and the economy is entering a recession. As a consequence, production will rise without corresponding increases in cost.
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Answer:
C)actions a company takes that go beyond financial self interest
Explanation:
Corporate social responsibility CSR is a concept where a business engages in activities that makes it accountable to a wide range of stakeholders. A business practicing CSR becomes accountable to itself, investors, and the community. The activities that such a company engages in include environmental conservation, employee, and social welfare programs.
Corporate social responsibly make businesses corporate citizens. A business shares some of its profits with society by funding projects and programs that benefit the community. CSR helps improves the relationship between a company and the surrounding community. It also acts as a motivation for its employees.
Answer:
It is false.
Explanation:
At Mattel, a marketing information system stores data on regional sales activities, promotional costs, and international inventory levels. These data are not examples of external sources but are internal sources.
Internal sources of market information are informations that are gotten from within the company such as regional sales activities, promotional costs, and international inventory.
However, the external sources of information are informations that are gotten outside of the company such as survey from customers, competitors etc.