Which of the Following Is an Example of a Primary

question 30

Multiple Choice

Which of the following is an example of a primary activity in the typical firm?

• A) Human resources management
• B) Research, technology and systems development
• C) General administration
• D) Logistics

Recognize the impact of price mechanisms and discounts on consumer behavior in a free market.

Understand the principle of egalitarianism and its economic implications.

Understand the concepts of different market structures, including pure competition, monopolistic competition, oligopoly, and monopoly.

Recognize the symptoms and causes of economic depression and inflation.

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Definitions:

Media Trends

Trends in media refer to the evolving ways media is produced, distributed, and consumed, reflecting changes in technology, culture, and audience preferences.

PR Professional

A person specialized in managing and improving the public image and relationships of individuals, organizations, or businesses through various communication strategies.

Pitch

Outreach from a PR professional to reporters to get them to consider a story idea they are proposing to seek news coverage.

Business Wire

A company that distributes press releases and corporate information to news organizations, journalists, and the public.