Which of the following would you include in your report as weaknesses of Customaria's economy? Check all that apply.   A)There is little cooperation, relative to other economies.   B)The economy has a low growth rate.   C)The participants in the economy are slow to adopt new beneficial technologies.   D)Wealth does not get redistributed to the needy.

Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
icon
Related questions
Question
Imagine you are a consultant who has been asked to summarize the strengths and weaknesses of Customaria, a nation with a pure traditional economy.
Which of the following would you include in your report as weaknesses of Customaria's economy? Check all that apply.
 
A)There is little cooperation, relative to other economies.
 
B)The economy has a low growth rate.
 
C)The participants in the economy are slow to adopt new beneficial technologies.
 
D)Wealth does not get redistributed to the needy.
10. Strengths and weaknesses of the three basic types of economies
Imagine you are a consultant who has been asked to summarize the strengths and weaknesses of Customaria, a nation with a pure traditional
economy.
Which of the following would you include in your report as weaknesses of Customaria's economy? Check all that apply.
There is little cooperation, relative to other economies.
The economy has a low growth rate.
The participants in the economy are slow to adopt new beneficial technologies.
Wealth does not get redistributed to the needy.
Transcribed Image Text:10. Strengths and weaknesses of the three basic types of economies Imagine you are a consultant who has been asked to summarize the strengths and weaknesses of Customaria, a nation with a pure traditional economy. Which of the following would you include in your report as weaknesses of Customaria's economy? Check all that apply. There is little cooperation, relative to other economies. The economy has a low growth rate. The participants in the economy are slow to adopt new beneficial technologies. Wealth does not get redistributed to the needy.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
Recommended textbooks for you
Principles Of Marketing
Principles Of Marketing
Marketing
ISBN:
9780134492513
Author:
Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:
Pearson Higher Education,
Marketing
Marketing
Marketing
ISBN:
9781259924040
Author:
Roger A. Kerin, Steven W. Hartley
Publisher:
McGraw-Hill Education
Foundations of Business (MindTap Course List)
Foundations of Business (MindTap Course List)
Marketing
ISBN:
9781337386920
Author:
William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:
Cengage Learning
Marketing: An Introduction (13th Edition)
Marketing: An Introduction (13th Edition)
Marketing
ISBN:
9780134149530
Author:
Gary Armstrong, Philip Kotler
Publisher:
PEARSON
MKTG 12:STUDENT ED.-TEXT
MKTG 12:STUDENT ED.-TEXT
Marketing
ISBN:
9781337407595
Author:
Lamb
Publisher:
Cengage
Contemporary Marketing
Contemporary Marketing
Marketing
ISBN:
9780357033777
Author:
Louis E. Boone, David L. Kurtz
Publisher:
Cengage Learning