Explain the difference between cost of goods sold and cost of goods manufactured.

The role of the government in establishing how private business can operate includes all of the following except Providing raw materials to business protecting customers from defective products providing a legal framework protecting the environment

explain the services rendered by the retailers .

You own a manufacturing company that has a very profitable contract with a large retail chain. One of your competitors learns of your agreement and contacts the retail chain, telling them that your products are poorly manufactured and that the retail chain should refrain from buying your products. Instead, the competitor suggests that the retail chain enter into a contract with them to manufacture the products they seek. After this conversation, the retail chain cancels the contract with your manufacturing company, essentially breaching the contract, and begins buying their required merchandise from your competitor.  The products manufactured by your company are in fact very high quality products. There have never been complaints in the industry relative to the service or products that you provide. And, you have longstanding contractors with other retailers to support the quality of your product.  Under the law, you can sue both the manufacturing competitor and the retail chain for…

Private provision of public goods may create positive externalities. True or false, and explain

Explain the four types of business competition.

Explain the traditional methods for responding to buyer objections.