DOMINANT ECONOMIC FACTORS OF THE FOOD AND DRUG RETAIL INDUSTRY It is extremely important to understand what the dominant economic factors are in an industry in which you are participating. These factors have a very strong influence in determining the corporate strategies that a company will decide to implement. How can a corporation define and implement their corporate strategy without understanding the environment of the market they are in? They simply can not! The economic …
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showed last 75 words of 1100 total
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