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What is the difference between a forward and future market? Explain.
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- Describe the type of potential market failure, and what is the relevance of the concept of the market to government intervention in the economy?briefly describe the four economic indicators that were impwhen evaluating a market for expansion? explain what each tells you about a market and why it's important.What is market failure? Why do markets fail? Why is market failure common in developing countries? Discuss
- How to discuss Industry economic characteristics of Walmart?Which market do you believe will be more successful, Tesla in theUnited States or GM’s E100 in China? Defend your answer.When can market fail? List and briefly explain at least 2 instances of market failure(explain why companies do not address these but government needs to do so). Compare and contrast economic policies with social assistance policies.
- The Body Shop The Body Shop may have grown rapidly in its early days, but its founder, the late Anita Roddick publicly dismissed marketing’s role. Roddick ridiculed marketers for putting the interests of shareholders before the needs of society. She had a similarly low opinion of the financial community, which she referred to as ‘Merchant Wankers’. While things were going well, nobody seemed to mind. Maybe Roddick had found a new way of doing business, and if she had the results to prove it, who needed marketers? But how could even such an icon as Anita Roddick manage indefinitely without consulting the fundamental principles of marketing? By embracing ethical issues, she thought she was way ahead of her rivals in understanding the public mood, long before the major retailers piled into Fairtrade and ‘green’ products? The troubles that the Body Shop suffer in this century indicate that a company may publicly dismiss the value of marketing while the going is good. Still, sooner or…Describe the strategies market challengers can adopt and explain why challengers might have an advantage over market leaders?Trader Joe's internal market strategy? Trader Joe's diversification?