How do businesses respond to changes in economic environment, Marketing Management

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How do businesses respond to changes in economic environment

Problem

Explain thoroughly the following:

a) In what ways do companies have to adapt to changing technological advancements and innovations?
b) What is the impact of political stability and instability on businesses and their success?
c) How do businesses respond to changes in the economic environment, such as recessions or economic growth?
d) Does the business cycle impact businesses and their operations?
e) What is the impact of inflation on the value of money and the purchasing power of consumers?

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Marketing Management: How do businesses respond to changes in economic environment

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