When companies adjust their processes to be sure they offer high-quality products and good service at competitive prices they are responding to which external force?

What is the most logical explanation that retailers carry private-label brands?

A) to eliminate the need for competitive advantages B) to encourage transaction marketing C) to support trade promotions D) to earn more profit E) to prevent sales cannibalization

As Adam Smith's laissez-faire philosophy gained popularity in the eighteenth and nineteenth centuries, the freedom-to-contract doctrine evolved through case law out of our federal court system

Indicate whether the statement is true or false