Question

Detroit, at one time referred to as the Auto Capital of the World, was one of the top cities of the United States. However, starting in the 1960s, the city's fortunes declined drastically. As people moved out of the city, several businesses closed shop and the tax base dwindled. Consequently, Detroit's financial state went from bad to worse. The second half of the 20th century saw the decline of Detroit – a decline that was as drastic as the city's rise in the first half of the century. A few observers mark July 1967, when the city experienced ugly race riots, as the beginning of the decline of Detroit. However, most people agree that the decline of Detroit had begun much earlier and that the riot was only a visible sign of the deterioration.

The above case study shows which dimension of business environment?
1 point
Social dimension
Economic dimension
Political dimension
None of these

Which action must be taken here to improve the situation?
1 point
a) Customer focus
b) Use of technology
c) Brand building
d) All of these

Which government policy has been affected here?
1 point
a) Loss of budgetary support
b) Market Orientation
c) Necessity for change
d) Increasing competition

What was the major concern for Detroit?
1 point
a) Riots
b) High tax rate
c) Less economic support
(d) None of these

Answer 1

Answer:

I don't know about business studies