James Must Gather Information from a Potential Project's Stakeholders for an Upcoming

question 36

Essay

James must gather information from a potential project's stakeholders for an upcoming meeting with management.
The project would be to add 50 beds and an oncology centre to the local hospital.List three stakeholders of the project and a possible way that James could gather information from the stakeholders.

Understand the concept of market demand and how individual demands aggregate to market demand.

Recognize the difference between normal goods and inferior goods and how income changes affect their demand.

Understand the impact of expectations on consumer demand.

Identify the role of complements and substitutes in affecting the demand for a good.

---

Definitions:

Country of Origin

The country where goods were produced or manufactured.

Sustainable Packaging

Product packaging that is ecologically responsible.

Secondary Packaging

Packaging designed primarily for logistical purposes and to provide protection to the primary packaging, facilitating transportation and storage.

Recycled Packaging

Packaging materials that have been recovered or diverted from the waste stream and are used again to package other items.