Assignment 2 Chapter 2 Type your answer in italics
1. Describe the 4 degrees of competition within the free market system. Offer at least 3
examples of each type of competition.
Degree of competition
Pure competition- Identical product with
no control on
Assignment 5 Chapter 5 Type your answer in italics
What are the 6 main barriers to effective communication? Which barriers are easiest to
The six communication barriers are promised, language, body language, perceptual,
Assignment 3 Chapter 3 Type your answer in italics
Outline the potential pros and cons of the 3 key strategies for developing foreign markets:
exporting, licensing and franchising, and direct investment.
Low costs per
Assignment 1 Chapter 1 Type your answer in italics
1. How has the rise of the World Wide Web changed business practices? What are the
benefits and drawbacks for business? For consumers?
The world wide web has changed business practices a neck breaking 20%
Assignment 4 Chapter 4 Type your answer in italics
1. Do you believe that employers should respond to employee needs for work-life balance?
Why or why not? What are the trade-offs?
The best employers respond to the ongoing search for a balance between wor