Answer:
c. Marketing information system (MIS)
Explanation:
Marketing information system (MIS) -
It refers to the management of the information to help the marketing decision making process , is referred to as Marketing information system (MIS) .
The information or the data is collected , stored and distributed accordingly , to make the process fast and efficient .
Hence , from the given information of the question,
The correct option is c. Marketing information system (MIS) .
The agreement made between different companies to charge the same amount for products or to not sell the products below a fixed price is known as <u>price-fixing.</u><u />
Answer:
A positive balance of trade
Explanation:
The theory of mercantilism states that a country’s power depends mainly on its wealth. During the Age of Exploration, this meant that the prosperity of a nation should depend on a large supply of bullion (silver and gold) and a positive balance of trade. A positive balance of trade implies that exports should exceed imports. There were tariffs on imports. This discouraged importation.
Mercantilism was commonly practised in Europe within the 16th to 18th century.
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