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Unformatted text preview: b. Ways to track what competitors are doing include obtaining information from commercial data bases, specialty trade publications, news clippings from local newspaper, help-wanted ads, published market research reports, business reports, trade shows, public filings, advertisements, and personal contacts. 3. An organization’s suppliers are those individual organizations that supply the resources (raw materials, products, or services) the organization needs to conduct its operations. 4. An organization’s labor supply consists of those individuals who are potentially employable by the organization. – Organization may have to shift their location if labor supplies dry up in some areas and increase in others. 5. Various government agencies provide services and monitor compliance with laws and regulations at local (e.g., consumer affairs), state or regional (e.g., health department), and national levels....
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This note was uploaded on 08/29/2011 for the course ECON 530 taught by Professor Smith during the Spring '11 term at Berklee.
- Spring '11