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The answer is B) Specialization characterizes the division of labor
A Post-Industrial economy is characterized by various factors, such as the change from manufacturing to the service sector. You can see examples of Post-Industrial economies in Western Europe, Japan, and the US.
A key characteristic of Post-Industrial economy is the specialization of labor and the requirement for highly skilled workers, who replace the manual and non-qualified workers in factories.
Geraldo gauged the level of exposure to his marketing campaign using the percentage of the target population exposed at least once to his advertisement, representing its integrated market communication as well as marketing plan.
Marketing plan is the plan made by any organization to communicate about its products when they are new to launch them in the market.
Integrated market communication is the process which includes different marketing campaigns and marketing plans to define what they want to achieve through the marketing process.
In communicating with the target market The AIDA model is used.
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Complete Question:
The market system:
A. produces considerable inefficiency in the use of scarce resources.
B. effectively harnesses the incentives of workers and entrepreneurs.
C. is not consistent with freedom of choice in the long run.
D. has slowly lost ground to emerging command systems.
Answer:
B. effectively harnesses the incentives of workers and entrepreneurs.
Explanation:
An economic system can be defined as a series of governmental or societal arrangements and a coordinating mechanism used for the allocation of available resources, economic inputs, goods and services across a particular country. The economic system differs according to the method used to coordinate economic activities and who the factors of production belongs to.
Generally, there are basically two (2) main types of economic systems and these are;
1. Command systems.
2. Market systems.
The market system effectively harnesses the incentives of workers and entrepreneurs because workers are able to engage in division of labor and are well compensated for their efficiency in service while the entrepreneur are usually rewarded with an increase in sales and profits.
The market system allows participants to have property rights such as trademarks, patents and copyright. Also, market systems are regulated by the competition among individuals (traders or entrepreneurs) and this gives direction to the market as they pursue self interests and are independent.
B.windshields
the other will all cause some sort of contamination
Answer:
True (1)
Explanation:
In deciding whether to buy a particular product, it is important to consider below pertinent issues :
Serviceability : questions need to be asked whether the product can be serviced regularly to keep it in usable condition and possible cost of servicing must as well be considered.
Repairability : Seller must be asked if the product is repairable in case it is faulty.
Accessories : Availability of accessories in the market must be confirmed from the seller in case we need to replace any part.
Failure to sort out above issues before buying may result in wasting of money at the end of the day even though product might have been bought at a cheaper lock-in price.
