Matching Pairs MKTG 360 Chp 1 pt 4Online version MKTG 360 Chp 1 pt 4 by Ryan Brown 1 Market Information Function 2 E-Commerce 3 Economic System 4 Market-Directed Economy 5 Command Economy 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. exchanges between individuals or organizations and activities that facilitate those exchanges-based on applications of information technology. 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. the collection, analysis, and distribution of all the information needed to plan, carry out, and control marketing activities.
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