Which of the following statements about the countervailing forces model is true?
A. It represents primarily the perspective of business critics.
B. It reflects the BGS relationship in Western industrialized nations.
C. It stands for the belief that government intervention in the market is undesirable.
D. It assumes that individuals can own private property and freely risk investments.
Answer: B. It reflects the BGS relationship in Western industrialized nations.
You might also like to view...
What pricing decision should a company make if its competitor's product contains features that are not available in its own product?
What will be an ideal response?
The marketing research process is presented to you in your text as:
A) a "go-no go" process B) an eleven-step process C) a ten step process D) an inadequate way to view marketing research E) a six step process