QUESTION 1. Discuss the four basic functions that make up the management process. How are they related to one another?
QUESTION 2. Define and explain the “wheel of retailing theory”.
QUESTION 3. What is m-commerce? Explain in detail some popular applications of such.
QUESTION 4. Sally’s Widget Company manufactures widgets which are made from cotton cloth. Give an example of how this company could engage in each strategy listed below:
a. Forward Integration
b. Backward Integration
c. Horizontal Integration