A market environment principally involves economic exchange whereas a nonmarket environment includes regulatory bodies.

Name: A market environment principally involves economic exchange whereas a nonmarket environment includes regulatory bodies.
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Question

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A market environment is where economic exchange takes place between buyers and sellers, while nonmarket environments involve regulatory bodies such as government agencies, NGOs, and information intermediaries that regulate or influence economic transactions.

A Market Environment Principally Involves Economic Exchange Whereas a Nonmarket