How do the profits of a single business benefit society in general?
What will be an ideal response?
A successful business benefits society by providing the goods and services we need and want. Businesses also provide employment opportunities for members of the community. Because they offer desired goods and services, provide employment, and generate income and spending in the economy, successful businesses contribute to the quality of life by creating higher standards of living for the entire society.
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Frank tells his manager, "After the problems we've had with our current supplier, it just makes sense to switch to a new supplier." What form of persuasion is Frank using?
a. personal appeals b. rational persuasion c. consultation d. coalition tactics
If price is important, a _______ channel is better
Fill in the blank(s) with the appropriate word(s).