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2 years ago

A marketplace extended beyond traditional boundaries and removed from a temporal and geographic location is called a(n):

1 answer:

3 0

A marketplace extended beyond traditional boundaries and removed from a temporal and geographic location is called a marketspace.

<h3>What is a marketspace?</h3>

A marketspace is a digital exchange environment. A digital exchange environment is common now due to a number of available technology.

Most everyone is always connected to the internet or their smart phones, enabling much digital exchange. It is a virtual market place in the commercial world, where the limitations of physical boundaries are not known.

Hence, a marketplace extended beyond traditional boundaries and removed from a temporal and geographic location is called a marketspace.

Learn more about marketspace here: brainly.com/question/7225674

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Target Market Selection Process:

I am Lyosha [343]

Answer:

The answer is Concentrated Marketing

Explanation:

Concentrated Marketing is a strategy whereby a product is developed and marketed for a very well defined and specific segment of the consumer population.

6 0

3 years ago

In economics, why must consumers, businesses, and governments make choices?

Rainbow [258]

Due to scarcity. There exist unlimited wants but only scarce amount of resources to meet those wants so items must be allocated through a system of prices or through exchange.

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3 years ago

Lakeside Components wishes to purchase parts in one month for sale in the next. On June 1, the company has 15,000 parts in stock

Kryger [21]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Beginning inventory (parts)= 15,000 parts

Sales June= 13,600

Sales July= 10,500

Sales August= 12,700

Parts are purchased at a wholesale price of $30.

Purchasing arrangement:

60 percent on the month of the purchase.

40 percent in the following month.

Lakeside purchased 14,000 parts in May.

A) To calculate the purchase for June and July, we need to use the following formula:

Purchases= sales + desired ending inventory - beginning inventory

June= 13,600 - 15,000= -1,400

July= 10,500 - 1,400= 9,100

B) Cash Required:

Purchase from the month

Purchase from the month before

Purchase from the month= 0

Purchase from the month before= (14,000*30)*0.4= 168,000

Purchase from the month= (9,100*30)*0.6= 163,800

Purchase from the month before= 0

3 0

3 years ago

According to Hackman and Oldham's job characteristics model, what type of employee would most likely be satisfied and perform at

Rasek [7]

The type of employee that would most likely be satisfied and perform at a high level is motivated employee.

<h3>Who is Hackman and Oldham?</h3>

Richard Hackman and Greg Oldham developed a model which itself motivates employees for the jobs.

The model focuses on the perspective that if the job is not monotonous, it can motivates the employee and would not feel discouraged to work.

Hence, the type of employee that would most likely be satisfied and perform at a high level is motivated employee.

Read more on about Hackman and Oldham here: brainly.com/question/13103980

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8 0

2 years ago

Suppose that the market for low-wage labor is perfectly competitive and initially in equilibrim. If the government establishes a

Simora [160]

Answer:

Employment of low wage workers will decrease and which in turn increase the unemployment.

Explanation:

Perfectly competitive labor market, is the one which is described as the composite of many firms or companies that are in the competition for the workers. The firms will not be in power to set the wages for the workers, the market also determines the competitive wage.

But if this is a low wage labor and on that the government establish or form the minimum wage then it will result in the employment of the low wage workers will decrease and the consequence of which is increase in the unemployment.

Note: Options are missing so providing the direct answer

8 0

3 years ago