Answer:
Rent-seeking is different from profit maximization because rent-seeking attempts to influence political process to gain an increased profit or income.
Answer:
The two additional Ps are Presentation and Personnel
Explanation:
The marketing mix refers to the Ps of marketing, and how they can be combined and manipulation by a producer in order to ensure that he/she achieves the maximum profit possible.
The four Ps of Marketing include:
- Product
- Price
- Place
- Promotion
The two additional Ps Include:
These Marketing mix can be combined to deliver the best retail experience.
A.
Just having more workers does not necessarily make the labor force productive. However, economies of scales such as managerial economies of scales could allow for more efficient allocation of resources, technological advancement makes workers more productive as they operate machinery, and training reduces the chances of mistakes and raises their efficiency.
Answer:
The correct answer is:
frequent interaction with clients. (D.)
Explanation:
Emotional labour refers to the suppression or the management of one's emotions that are felt but not expressed while at a job. Essentially, emotional labour requires workers to:
Hide emotions they do feel
show emotions they do not feel
create an appropriate emotion for the situation.
These can be achieved through surface acting and deep acting.
Customer service and retail jobs require a lot of emotional labour. For instance, if the customer service agent is angry, it is not ethical in his/her job description to show such anger to the clients, hence he/she has to force a smile just to give a satisfactory service to the client. some determinants of emotional labour include:
1. societal, organizational or occupational norms
2. emotional expressiveness
3. supervisory regulation of display rules