What is consumerism and how has it influenced marketing?

What will be an ideal response?

Consumerism is a social movement directed toward protecting consumers from harmful business practices. Criticism from consumerists can be very damaging for a company in today's connected world, so most companies take proactive steps toward protecting consumers and practicing good business.

Business

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In a market with ________, the market consists of many buyers and a few sellers who are likely to have similar pricing

A) pure competition B) monopolistic competition C) oligopolistic competition D) a pure monopoly E) socialism

Business

KFC and Pizza Hut are examples of distributorship

Indicate whether the statement is true or false

Business