Which of the Following Is Likely to Be a Benefit

question 77

Multiple Choice

Which of the following is likely to be a benefit of foreign investment in a developing country?

• A) Domestic firms are subjected to foreign competition
• B) Labor-intensive industries grow quickly
• C) New technology is adapted
• D) The natural rate of unemployment falls to zero
• E) The rate of inflation declines

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Definitions:

Marketing Mix

The set of actions, or tactics, that a company uses to promote its brand or product in the market, traditionally defined as the 4Ps: Product, Price, Place, and Promotion.

Environmental Forces

External factors, such as social, economic, technological, competitive, and regulatory considerations, that affect a business's operations and performance.

Controllable Factors

Elements of the marketing mix (product, price, place, promotion) that a company can directly manage and adjust.

Marketing Mix

A set of controllable tools that a firm uses to produce a response in its target market, typically involving the four Ps: Product, Price, Place, and Promotion.