Professional Documents
Culture Documents
1.) I will select local products over products from these foreign corporations because purchasing local things keeps money in our country,
but purchasing foreign products sends money to other countries. If our money stays in our own country, it will be much easier to
develop.
2.) Business concepts can arise from a variety of sources. They could result from anything as basic as a customer growing dissatisfied with
an existing product or service and designing a substitute.
3.) While a consumer is someone who uses a product or service, I believe consumer has nothing to do with customer. You certainly do not
have to be a customer to use these services. However, you do not have to be a customer to pay for a service or product.
4.) The main distinction between standard of living and quality of life is that the former is a measure of a person's or community's wealth,
income, and material comfort, whereas the latter is a highly subjective measure of an individual's or society's overall well-being.
5.) Things that are easily quantifiable, such as income, work possibilities, cost of products and services, and poverty, are used to determine
a person's standard of life. Life expectancy, inflation, and the number of paid vacation days people receive each year are all taken into
account.