MARKETING

Market Environment



Market Environment

Answer-1

When it comes to the US economy, it has undergone phases of peaks and slumps consistently impacting various sectors of the industries such as banking, automobile sector and many more. It has also been able to survive at the same time considering the fact that it has strong foreign trade. In the year of 2012, there was a deterioration of profits when it comes to the annual sales of REI (Figure 1). There was less profit because of the fact that the consumer spending was less. There has been a severe slump in the US housing market and ...