Matching Pairs MKTG 360 Chp 1 pt 4Online version MKTG 360 Chp 1 pt 4 by Ryan Brown 1 Command Economy 2 E-Commerce 3 Economic System 4 Market-Directed Economy 5 Market Information Function the individual decisions of the many producers and consumers make the macro-level decisions for the whole economy. government officials decided what and how much is to be produces and distributed by whom, when, to whom, and why. exchanges between individuals or organizations and activities that facilitate those exchanges-based on applications of information technology. the way an economy organizes to use scarce resources to produce goods and services and distribute them for consumption by various people and groups in the society. the collection, analysis, and distribution of all the information needed to plan, carry out, and control marketing activities.