Hydralicious, a juice outlet, had to stop its business as health inspectors found that the storage facilities at the outlet were not hygienic as per standards set by the government. A__________factor affected Hydralicious in this scenario
Fill in the blanks with correct word.
ANSWER: legal
Business needs government regulation to protect innovators of new technology, the interests of society in general, one business from another, and consumers. Every aspect of the marketing mix is subject to laws and restrictions.
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Denice invented a small, portable purse hook that allows a purse to be hung from a table and not touch the floor. She knows that there is a market for her purse hook and takes a loan out on her home to finance a small start-up company in Rock Creek, WI. As an entrepreneur, Deniece's primary motivation for opening the business is ________.
A. the potential of improving personal skills B. the potential of making a profit if the business succeeds C. the potential to improve the community if the business succeeds
Brendan and Leo are looking to purchase their first home. Which of the following identifies weighted decision criteria they might establish for this decision?
A) List house styles such as ranch, bungalow, and townhouse. B) Make an unranked list of characteristics such as price, neighborhood, and lot size. C) Rank the general importance of characteristics such as price, neighborhood, and lot size. D) Use data to rank individual homes with respect to price, neighborhood, and lot size.