One valid criticism of the four ps concept of the marketing mix is that services are not considered an actual ""product"
This statement is true.
The four Ps are the key considerations which must be considered thoughtfully and wisely implemented in order to market a product successfully or service successfully. They are product, price, place, and promotion.
The four Ps are often known to as the marketing mix. They include a range of factors that are considered while marketing a product.
It includes what consumers want, how the product or service meets the wants of customers or fails to meet the wants.
It also includes how the product or service will be perceived in the world, how it stands out from the competition, and how the company which is producing it interacts with its customers.
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Current account and ______ account are the two major components of a statement that summarizes all debit and credit transactions of one country with the rest of the world.
Current account and financial account account exist the two major elements of a statement that summarizes all debit and credit transactions of one country with the rest of the world.
What is Current account?A current account exists as a kind of bank account that keeps your money secure and helps you organize your finances. Personal current accounts promote the making of payments (direct debits, standing orders) and they let individuals, businesses, and organizations pay you easily. A country's current account documents the value of exports and imports of both goods and services and international transfers of capital. It exists one of the two elements of its balance of payments, the other existing the capital account.
The capital account estimates the capital transfers between U.S. residents and foreign residents. The financial account reminisces increases or decreases in a country's license of international assets. A financial account exists as an element of a country's balance of payments that covers declarations on or liabilities to nonresidents involving financial assets. Financial account components contain direct investment, portfolio investment, and reserve assets shattered down by sector.
Hence, Current account and financial account account exist the two major elements of a statement that summarizes all debit and credit transactions of one country with the rest of the world.
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Both transportation and assignment problems are members of a category of lp problems called?
Both transportation and assignment problems are members of a category of lp problems called network flow problems
What is network flow problems?Network flow problems are a type of combinatorial optimization problem in which the input is a flow network (a graph with numerical capacities on its edges) and the goal is to construct a flow with numerical values on each edge that respect the capacity constraints and have incoming flow.
A company, for example, may want to ship packages from Los Angeles to New York City by using trucks to transport between intermediate cities. If the route connecting two cities only has one truck and each truck has a maximum load, the graph describing the transportation options will be a flow network.
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Sloane tells eden that brad is a horrible son to his mother. brad sues for defamation even though he suffered no injury. brad will
"Defamation of character"
Is a catch-all term for any statement that hurts someone's reputation. Written defamation is called "libel," while spoken defamation is called "slander." Because written statements last longer than spoken statements, most courts, juries, and insurance companies consider libel more harmful than slander.
Defamation is not a crime in most states, but it is a "tort" (a civil wrong, rather than a criminal wrong). The person who has been defamed (the "plaintiff") can sue the person who did the defaming (the "defendant") for damages.
Defamation law tries to balance competing interests: On the one hand, someone shouldn't be able to ruin your life by telling lies about you; on the other hand, people should be able to speak freely without fear of litigation over every insult, disagreement, or mistake. Political and social debate is important in a free society, and we obviously don't all share the same opinions or beliefs. For example, political opponents often reach opposite conclusions from the same facts, and editorial cartoonists often exaggerate facts to make their point.
How Do You Prove Defamation?
Defamation happens when a person makes a false statement—verbally or in writing—about someone else that damages that person's reputation. Defamation laws vary from state to state, but the basic principles of defamation law are the same in every state.
A plaintiff suing for defamation typically must show:
The defendant published a statement about the plaintiff.The statement was false.The statement was injurious, andThe statement was unprivileged. .Defenses to Defamation Lawsuits :
Defamation claims are complicated and hard to prove because defamation laws have to strike a balance between allowing people to protect their reputations and allowing the free exchange of information, ideas, and opinions.
You can defend yourself against a defamation lawsuit if the statement you made was:
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Most new carmex products are priced between $0. 99 and $2. 99, well within reach of the price-sensitive mass consumer market. Carmex is utilizing a ________ strategy with its lip balm products.
Carmex is utilizing a penetration pricing strategy with its lip balm products.
The correct option is B
What is penetration pricing ?A pricing approach known as penetration pricing involves initially setting a product's price low in order to quickly reach a large portion of the market and spur word-of-mouth marketing. The marketing plan is that because of the cheaper price, consumers will migrate to the new brand.
What is penetration pricing give an example?One month of free internet service has been offered by a brand-new telecommunications provider to users. Since the telecommunications business offered its internet services for free for the first month in order to enter the market, this is an example of penetration pricing.
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I understand that the question you are looking for is:
Most new Carmex products are priced between $0.99 and $2.99, well within reach of the price sensitive mass consumer market. Carmex is utilizing a _________ strategy with its lip balm products.
A) skimming pricing
B) penetration pricing
C) prestige pricing
D) price lining
Calculate the total change in spending because of an initial $100 increase in aggregate demand,given that the mpc = 0.60.
$250 increase in aggregate demand.
What is aggregate demand?Aggregate demand, also known as domestic final demand in macroeconomics, is the entire demand for final products and services in an economy at any particular time. It is frequently referred to as effective demand, albeit this phrase is distinguished at times. This is a country's demand for its gross domestic output.
The entire amount of products and services in an economy that customers are willing to pay for within a given time period is known as aggregate demand. The sum of consumer spending, investment spending, government spending, and the difference between exports and imports is used to compute aggregate demand.
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If corporate headquarters for ups in atlanta is considering adding to its 96,000 fleet of delivery vans, what is year 5’s depreciation expense using macrs if one van costs $78,800?
The depreciation is $90,7776.
Modified accelerated cost recovery system (MACRS) with an introduction to ACRS (1986,1989,2010).
This system is also known as the General Depreciation system (GDS).
Here the corporate headquarters decided to add 96,000 fleets of delivery vans, then if one can cost $78,800 the years 5s depreciation expenses using
MACRS is $78,800 * 11.52 = $90,7776.
Depreciation is allotted so that it will fee an honest share of the depreciable quantity in every accounting length throughout the expected beneficial existence of the asset. Depreciation consists of the amortization of belongings whose useful lifestyles are predetermined.
to lower in honor or esteem frequently depreciates the importance of her work. 2a: to decrease the price or estimated price of depreciated belongings. B: to deduct from taxable income a part of the authentic value of (a business asset) over numerous years as the price of the asset decreases.
In accountancy, depreciation refers to two aspects of the same concept: first, the real lower of the fair price of an asset, which includes the lower fee of factory gadget every year as it is used.
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Cyclical unemployment is unemployment resulting from fluctuations in economic activity.
a. True
b.False
(A) TRUE
Cyclical unemployment is unemployment resulting from fluctuations in economic activity.
This type of unemployment can be defined as the cyclical trends in the industry or the business cycle. The lower amount of cyclical unemployment is at its lowest when the economy is operating in its good way and is at its highest.
Fluctuations occur when an economic activity cannot take place due to the fall in the economy condition that is the bear phase which in turn lead loss to the producers and they cut down the labour which generates unemployment.
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Fiona signed an agreement to either buy or not buy nick’s vacant lot for $310,000 by a specific date. What's this agreement called?
Fiona signed an agreement to either buy or not buy nick’s vacant lot for $310,000 by a specific date. This agreement is called a bilateral contract.
What is bilateral contact?A bilateral contract is a contract which is made between two parties. Under this contract, both parties make promises to each other on the terms and conditions. In this contract, the promise of one party turns into a consideration of the other party. It is the most common kind of contract which is binding in nature.
Fiona signed a contract promising to either purchase Nick's vacant lot for $310,000 by a certain date or not. It's referred to as a bilateral contract.
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When a company seeks to match the benefits of a successful position while maintaining its existing position in offering customers a variety of differing services, what is this process called?
The process when a company seeks to match the benefits of a successful position while maintaining its existing position by adding new features, services, and technologies into its current portfolio is called flexibility.
Why is flexibility important to a business?
It promotes achievement. People perform better because flexibility grants them autonomy, freedom, and balance. Higher productivity, loyalty, and satisfied workers are the results.
How does flexibility lead to success?
When you develop your leadership flexibility, you'll be able to respond to unforeseen occurrences and adjust to changes while still reaching your objectives.
Why is flexibility important in leadership?
In a social and economic context that is changing quickly, flexibility is a quality that is becoming more and more valued. Flexible leaders are individuals who can alter their leadership style or strategy in response to ambiguous or unforeseen situations. Additionally, adaptable leaders can evolve with the times.
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The comparison of the actual results of capital investments to the projected results is referred to as?
The comparison of the actual results of capital investments to the projected results is referred to as post-audit.
The payback method determines how long it will take for the company to recoup its investment. Annual cash flows are compared to the initial investment, but the time value of money is not considered and cash flows beyond the payback period are ignored.
Companies apply the time value of money in a variety of ways to make yes or no decisions about investment projects and between competing projects. Two of the most common methods are net present value and internal rate of return (IRR).
The minimum return on the capital investment required by management is called the return on investment. The collection method considers cash flows that occur both during and after the collection period.
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What function does feedback serve within a system?
a. transforms inputs into outputs simplifies the process assists in purchasing goods helps maintain stability
Feedback assists in maintaining the stability within a system. Feedback occurs when a system's outputs are routed back as the inputs as part of a cause-and-effect chain that forms a circuit or the loop. The system is said to feed back into itself.
Positive feedback occurs when the signal feedback from the output is in phase with the input signal. Negative feedback occurs when the signal feedback has the opposite polarity or is 180 degrees out of phase with respect to the input signal. When it comes to the feedback system, the concept of cause-and-effect must be handled with caution.
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When Xiu Li, a marketing executive with Hope Springs, sends out employees of the firm to build relationships with B2B customers, like the Coffee Collective, it is using
The company builds relationships with B2B clients, like the coffee Collective: It builds repeat income.
A marketing executive directs the marketing of an agency's products or services. marketing executives recognize the organization's product line, historic marketplace, capacity market, media prices, media response, and budgeting problems.
Applicants who're searching for a job in an advertising govt have to have passed a bachelor's or master's degree in any of the advertising and marketing, business or management, communications, IT or laptop technology, advertising, or psychology-related steam.
Advertising executives in consultancy businesses handle various advertising campaigns for one-of-a-kind groups. An advertising and marketing executive can be in a junior-level or senior-degree role depending on the size of the commercial enterprise.
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Swifty corporation reported total manufacturing costs of $350000, manufacturing overhead totaling $68000, and direct materials totaling $86000. how much is direct labor cost?
Direct labor cost is $196,000.
Direct labor cost= Total manufacturing costs- Direct materials- manufacturing overhead
= $350000- $86000- $68000
= $196,000
The amount of money spent by a business on its manufacturing operations including materials —basically, how much it costs to make the goods that will be sold to customers—is known as total manufacturing cost.
Direct materials are any costs related to raw materials that are used directly in production (and have turned up as one of the main components of the product).Direct labor refers to the expenses incurred during the physical production of a good, i.e., the labor required to convert a raw material into a marketable good.
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Building ethical safeguards into a company's everyday routines is called:___.
a. change management.
b. justifying ethics.
c. institutionalizing ethics.
d. ethical awareness.
The correct option is C.
institutionalizing ethics.
What is Institutionalizing ethics?The incorporation of ethical principles into organizational decision-making procedures is known as institutionalizing ethics. Both explicit and tacit institutionalization of ethics is possible (Singhapakdi & Vitell, 2007)
What is the importance of institutionalization?The process of establishing consistency and uniformity in the organization's approach to process implementation is known as institutionalization. It is advantageous for all individuals and groups within the organization to adhere to the same standards.
Institutionalizing ethics refers to integrating moral safeguards into a business' daily operations.
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If an organization allows byod, how can employees make sure that their device is secured?.
Virtual Private Network (VPN) and antivirus solutions in order to reduce the chances of exposing corporate data.
What is VPN?Users can send and receive data across shared or public networks as if their computing equipment were directly linked to the private network thanks to a virtual private network, which enables a private network to be extended across a public network.
What is Antivirus software?Computer programs used to prevent, identify, and eliminate malware are referred to as antivirus software or anti-malware. In order to find and eliminate computer infections, antivirus software was first created.
To decrease the risk of corporate data being compromised, a smart BYOD policy should mandate that employees always keep their personal devices password-protected (and use multi-factor authentication). Employees should also think about utilizing a Virtual Private Network (VPN) and antivirus software.
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Though markets can provide goods that are excludable but nonrival, they do so at the price of: equity. inefficiency. inequity. efficiency
Though markets can provide goods that are excludable but nonrival, they do so at the price of inefficiency
Explanation:
An excludable but non-rival product is also known as 'club goods'
Unlike public goods which are accessible to everyone and have no rivals, club goods are not accessible to everyone, only to those who can pay for them. At the same time, they have no rivals in the market.
This is a clear indication of an inefficient economy because such a product means there is a monopoly operating in the market.
An example of this can be a cable operator in an area. It dominates the market and has no rivals or competitors but its service is only accessible to people who can pay for it. However, in the same area, a Free Public television channel is the opposite, having no rivals but also being accessible.
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Inflation expectations create a self-fulfilling prophecy because people who expect rising prices demand ______, which ______ and raises the price level.
Inflation expectations create a self-fulfilling prophecy because people who expect rising prices will increase the demand and increase in demand will raise the price level.
This is because of law of demand.
The law of demand is the most common fundamental concept used in the economics. It works in relation to the law of supply in order to explain how market economies allocate the given resources and determine the prices of goods and services that are observed in everyday transactions.
The law of demand also states that the quantity purchased by consumers varies inversely with price. In other words, the greater the price, the lower the demanded quantity will be.
This happens because of diminishing marginal utility. It means that consumers use the first units of an economic good purchased by them to serve their most urgent needs first, and then after they use each additional unit of the good to serve their each lower-valued ends.
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What was a factor in the increasing involvement of old northwest farmers in the market economy?
The factor in the increasing involvement of old northwest farmers in the market economy is "the financing for the purchase of land and supplies came from loans made by eastern insurance companies and banks firms."
What is market economy?A market economy is a kind of capitalism in which a nation's businesses and citizens interact to determine economic policy and the cost of goods and services.
Despite the possibility of central planning or government interference, this phrase typically denotes a more generally market-oriented economy.
Some key features of market economy are-
The majority of economic decisions in a market economy are made through voluntary transactions that follow the rules of supply and demand.In a market economy, entrepreneurs are allowed to seek profit by producing outputting that are worth more than the input they consume, or, if they choose not to, to fail and close their doors.Most economists concur that market-oriented economies result in superior economic performance, but they disagree on the precise ratio of markets to central planning that is most beneficial for a country's long-term well-being.To know more about market economy, here
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Sales returns and allowances is a ______ account and is ______ when goods are returned by customers for a refund.
Sales returns and allowances are a Contra revenue account and are debited when goods are returned by customers for a refund.
The debit is to Sales Returns and Allowances (-SE) which will offset the original credit to Sales Revenue (+SE) for the returned goods.
Net Sales on the income statement equals the: (Sales Revenue - the Sales Returns and Allowances) a Contra Revenue account.
The Sales Returns and Allowances account reduces the Sales Revenue account on the income statement. It is a Contra-Revenue account as it increases on the debit side like an expense, however, it isn't always disclosed with selling and administrative expenses or the cost of Goods Sold expense.
Your question is incomplete. Please read below for the missing content.
Sales Returns & Allowances is a ____ account and is _____ when goods are returned by the customers for a refund.
liability; credited
contra-revenue; credited
revenue; credited
contra-revenue; debited
contra-asset; debited
contra-asset; credited
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An investor discovers that stock prices change drastically as a result of certain events. this finding is a violation of?
An investor learns that specific events have a significant impact on stock values. The weak variant of the efficient market hypothesis is broken by this discovery. An investor is any individual or other entity (such as a business or mutual fund) who invests money with the hope of making a profit.
Investors depend on a variety of financial instruments to generate a rate of return and achieve crucial financial stock like saving for retirement, paying for a child's school, or just collecting more wealth over time. To achieve their financial goals and objectives, investors use a variety of financial instruments to produce a return.
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The total amount of carbon fixed into organic matter through photosynthesis (or chemosynthesis) in a given unit of time is known as _______
The total amount of carbon fixed into organic matter through photosynthesis (or chemosynthesis) in a given unit of time is known as Gross primary production.
What is Gross primary productivity?Gross productivity generally is the rate of energy capture.
Net efficiency is lower: its net efficiency is balanced for the vitality utilized by the living beings in respiration/metabolism, so it reflects the sum of vitality put away as biomass.
The whole vitality settled by plants (autotrophs) in a community through photosynthesis is alluded to as net essential efficiency (GPP).
Since all the vitality settled by the plant is changed over into sugar, it is hypothetically conceivable to decide a plant’s vitality take-up by measuring the sum of sugar delivered.
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Aada’s city is trying to get citizens to invest in municipal bonds. how will the city most likely use these funds?
City will likely use these funds to to pay for road improvements.
What are Municipal Bonds?Municipal bonds are debt instruments issued by states, cities, counties, and other public bodies to support operating expenses and capital projects such as the construction of schools, roadways, and sewer systems. When you buy municipal bonds, you are effectively lending money to the bond issuer in exchange for the promise of regular interest payments, generally semi-annually, and the return of your initial investment, or "principal." The maturity date of a municipal bond (the day when the bond's issuer repays the principal) might be years in the future. Short-term bonds mature in one to three years, whereas long-term bonds take more than a decade to maturity.
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If an asset is easily changeable into another asset or good, it is said to be _____.
If an asset is easily changeable into another asset or good, it is said to be liquid assets.
Assets that are easily convertible into cash are referred to as liquid assets. Even while assets are priceless belongings that may be exchanged for money, not all of your assets can be sold right away for cash or without incurring a loss. Cash is a common liquid asset. The most liquid asset is cash.
Any investment properties you hold are not categorized as liquid assets since, as we just explained, real estate is not regarded as liquid.
An asset is anything that has financial value to a company or a person. However, liquid assets are those that can be rapidly, securely, and readily swapped for money. Stocks, receivables, and inventories are a few examples of liquid assets that can be easily converted into cash.
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The goals of the_______ are to ease federal regulations by relaxing rules for some initial public offerings to promote investment in startup companies.
The goals of the Jumpstart Our Business Startups Act of 2012 are to ease federal regulations by relaxing rules for some initial public offerings to promote investment in startup companies.
Often known as the "truth in securities" law, the Securities Act of 1933 has two fundamental targets: to require that investors get hold of economic and different significant statistics regarding securities being provided for public sale; and. To restrict deceit, misrepresentations, and other fraud in the sale of securities.
Regulation must discover, deter and penalize market manipulation and different unfair buying and selling practices. Regulation must aim to make sure that traders are given honest get entry to market centers and marketplace or price facts.
The SEC protects investors by implementing our nation's securities laws, taking movement in opposition to wrongdoers, and overseeing our securities markets and companies to ensure that investors are handled fairly and clearly.
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Applying the concept of marginal costs, how would you, as a business owner, decide how much to produce?.
To calculate marginal cost, divide the change in production costs by the change in quantity. The purpose of analyzing marginal cost is to determine at what point an organization can achieve economies of scale to optimize production and overall operations.
What is marginal cost?The marginal cost in economics is the change in total cost that occurs when the quantity produced is increased, or the cost of producing additional quantity.
According to the law of declining marginal utility, as consumption increases, the marginal utility obtained from each extra unit decreases.
Marginal cost is an important concept in economic theory because a corporation seeking to maximise profits will produce until marginal cost (MC) equals marginal revenue (MR) (MR). After then, the cost of creating an additional item will outweigh the money generated.
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According to cohen, why is it important that our exposure to monsters, whether in books, in movies or on television, be temporary?
Monsters don't like to fit easily into one type of category in the world. They are unnatural. They are unlike things that already exist in the world
What is unnatural?Unnatural means weird, phony, or aberrant. If you colour your hair hot pink, it will appear unnatural, particularly to your conservative grandparents. A wild animal living inside someone's home is unnatural; it contradicts how the animal ordinarily lives in its native surroundings.
You can utilize not unnaturally to show that the situation you're describing is exactly what you'd expect given the conditions. It was a question Roy, understandably, found tough to answer. Jane was naturally irritated by Harry's meddling.
As a result, activities that work against that goal — that is, actions that prohibit another human from living a decent, happy life — are deemed 'unnatural' or 'immoral.'
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Nstruction usually in manual or skilled trades to prepare a student for gainful employment is called _______________ training
Instruction usually in manual or skilled trades to prepare a student for gainful employment is called __Vocational_ training.
Vocational training focuses on developing technical skills for a specific job or trade. It offers you practical knowledge in contrast to theoretical knowledge offered by the conventional formal education system. Understanding different vocational training options can help you choose the right one for your career growth and development. It offers an opportunity to learn the skills of your choice and make a career switch at almost any point in time.
A vocational school is a type of educational institution specifically designed to provide vocational education.Vocational training can take place at the post-secondary, further education, or higher education level and can interact with the apprenticeship system.
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What's the major reason that smoke control should be considered in planning a fire protection system?
the major reason that smoke control should be considered in planning a fire protection system is smoke can spread out to great distances from the origin of a fire.
What is smoke?Smoke is a collection of airborne particulates and gases released when a material burns or pyrolyzes, as well as the amount of air entrained or otherwise mixed into the mass.
Smoke is a medium greenish-gray hue with the hex code #848884, one of many shades having the word "smoke" in their name.
Smoke is a collection of tiny unburned particles, including very small carbon particles and tar droplets. Smoke is made up of microscopic solid, liquid, and gas particles. Despite the fact that smoke can contain hundreds of different compounds and gases, visible smoke is largely composed of carbon (soot), tar, oils, and ash.
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When services are provided on account, what is the effect on stockholders' equity?
The company's stockholders' equity also increases.
Who is called as stakeholder?A stakeholder is a party with an interest in a business who has the potential to influence or be affected by that firm. Investors, employees, customers, and suppliers make up the majority of the stakeholders in a typical firm affected by that firm.
The company's resources (assets) grow when it is promised cash. Accounts receivable is the term used to describe this promise of payment majority of the stakeholders . Due to management's provision of services to clients, accounts receivable have been formed.
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Mark, a real estate broker, teamed up with chris, another real estate broker, in an effort to not do business with a cross-town broker. what may mark and chris be accused of?
Mark and Chris be accused of Group Boycotting.
In terms of competition law, a group boycott is a particular kind of secondary boycott in which two or more rival businesses in a particular market refuse to do business with a company unless the latter agrees to stop working with one of their current or future rivals.
In the real estate brokerage industry, a typical group boycott allegation is that two or more real estate firms have agreed to refuse to collaborate or to work with a third firm in less favorable conditions.
A collective boycott is an action taken by a number of entities against their suppliers, consumers, or rivals for business reasons.
Boycotts allow people to demonstrate their values with their money. Boycotts give members of the community a way to defend their values. People can easily and very painlessly defend their values by participating in a boycott if it is well-organized.
A boycott will probably be regarded as First Amendment protected if it aims to influence political reform. However, the court will probably view the boycott as solely commercial action rather than a First Amendment statement or petition if its purpose is economic.
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