barry is a business owner who sells high quality drones with hd cameras for personal use. in an effort to improve his skills in

Question

ziro4ka [17]

1 year ago

7

barry is a business owner who sells high quality drones with hd cameras for personal use. in an effort to improve his skills in

social media, he pays to attend an online webinar about pinterest strategy. what is barry engaging in?

Business

1 answer:

nydimaria [60] · Answer 1 · 2024-03-30T14:44:27+03:00

Barry is engaging in an exchange as he he pays to attend an online webinar about pinterest strategy to improve his skills in social media.

<h3>What is an exchange?</h3>

According to Armstrong (2009), he defined an exchange in marketing is the act of obtaining a desired object from someone by offering something in return.

This happens any time people trade goods or services. All exchange is supposed to produce "utility," which means the value of what you trade is less than the value of what you receive from the trade.

Therefore, he is engaging in an exchange as he he pays to attend an online webinar about pinterest strategy to improve his skills in social media.