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Which is an economic tactic that both consumers and governments can use to try to change offensive behaviors?
Wiki User
∙ 11y ago
A Boycott
Wiki User
∙ 11y ago
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How do you define retailing?
Retailing is the economic activity of selling goods in small quantities to end users or consumers.
What factors that affects consumer decision making process?
There are many factors in the economic decision making process. One is which goods consumers like better than others. Others include price and quality. All of these factors create and individuals demand curve.
What are the five key dimensions of the broader business environment?
The Economic Environment, The Social Environment, The Global Environment, the Technological Environment, and the Competitive Environment.
What are the advantages of business competition?
"The principle advantage is efficient allocation of resources. When many suppliers compete for the business of consumers, prices gravitate toward costs of production and scarce resources are used for those goods and services for which there is real demand. Competition thereby produces maximum economic value from given resources, and uses minimum resources to supply a given demand."
What is economical obsolescence?
economic obsolescence
In the united state which group actually makes most of the economic decisions?
The Consumers
What is the best economic system for consumers?
mixed
Why do governments in democracies adopt such economic policies?
k
What role do consumers play in economic decisions?
worker
What groups of players make all of the economic decision in a free-market system?
consumers and producers
Why do governments provide protection for their domestic industries?
To improve the economic.
How do consumers make their desires known to business?
consumers can make their desires known through their economic dealings with producers
Which economic system favors decisions by consumers?
mixed capitalism
An economic activity that provides services to businesses and consumers?
Democracy
In the US which group makes most of the economic decision?
the consumers
In the US which group makes most of the economic decisions?
the consumers
What is the economic system?
The Economic System are the means by which countries and governments distribute resources and trade goods and services.
