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Application: Coca-Cola has no control over the climate in Plachimada, but they could decide not to go into business there.
Market Research:
Definition: The systematic gathering, recording, and analyzing of data to provide information useful in marketing decision making.
Application: Coca-Cola should have researched the area to see if there was an abundant amount of resources to manufacture their products. Instead, they use all that's available and ruined what is left and they now have to bus in all the necessary resources.
Economic Development:
Definition: An increase in national production that results in an increase in the average per capita gross domestic product...
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