Effective Marketing Benefits Society Because It

question 146

Multiple Choice

Effective marketing benefits society because it

• A)reduces competition,making the playing field more even.
• B)improves the quality of products and services regardless of the cost.
• C)allows companies to charge whatever price they want,regardless of product quality.
• D)makes countries more competitive in world markets while simultaneously reducing competition in their home markets.
• E)enhances competition,which improves the quality of products and services and lowers their prices.

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Definitions:

Arbitration Clause

A provision in a contract that requires the parties to resolve disputes through an arbitration process rather than through litigation.

Grievances

Complaints or concerns raised by employees regarding workplace issues such as unfair treatment, working conditions, or company policies.

Unfair Labor Practice Strikes

Strikes initiated by workers in response to employers' illegal actions or violations of labor laws, focusing on rights and fair treatment.

Economic Strike

A work stoppage conducted by employees to demand higher wages, better benefits, or improved working conditions from their employer.