Question

Go to CNN Business, and choose any article that relates to two of the key concepts...

Go to CNN Business, and choose any article that relates to two of the key concepts listed here:

1) advertising, 2) public relations, 3) business environment, 4) factors of production, 5) pricing strategies

explain in 5-7 sentences why the article you have selected relates to the concepts you chose,  include the link

Business   Economics   
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Answer #1

Choose the article : Ford announces the Mach 1

Ford is one of the most popular car manufacturers of the world since 1960 with the right marketing mix and approporate advertising it has always been able to target the right set of masses for selling their cars. They used recent detroit auto show to launch their new car pushing towards electric vehicles considering how the business enviornment is changing as more people are demanding hybrid and electric vehicles which further helps to reduce pollution and emission of harmful gases.Factors of production will play a role in output based on role of technology how much they contribute to its supply compared to the demand.Pricing strategies will get affected considering competition from other manufacturers so they are shifting spend from traditional cars to electric ones.

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