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1 year ago

_____ involves marketing philosophies, policies, procedures, and actions whose primary objective is the enhancement of society.

1 answer:

4 0

Social responsibility in marketing refers to marketing philosophies, strategies, practices, and actions whose main goal is to improve society and safeguard the environment by using environmentally friendly goods and methods.

SOCIAL RESPONSIBILITY: WHAT IS IT?

Sustainability can be attained through social responsibility. Any business or system can increase its chances of long-term sustainability and success by adopting fundamental social responsibility principles including accountability and transparency.

An organization's accountability for the effects of its choices and actions on people, the environment, and society through openness and moral behavior that: contributes to societal well-being and sustainable development, including health reflects an awareness of stakeholder expectations is in accordance with all current laws and international standards of conduct is incorporated across the business and used in partnerships.

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Studies indicate that the price elasticity of demand for beer is about 0.9. A government policy aimed at reducing beer consumpti

Aleonysh [2.5K]

Answer:

The government policy should have reduced beer consumption by 0.6 or 60%

Explanation:

Mid point formula calculates the ratio of mid point of change in demand and change in price to their average value. Then these changes are used in the calculations of elasticity of demand.

According to given data:

Elasticity of demand = 0.9

Midpoint of price = (20-10) / [(20+10)/2] = 10 / 15 = 0.6667

Elasticity of Demand = Midpoint of demand / Midpoint of price

0.9 = Midpoint of demand / 0.6667

Midpoint of price = 0.9 x 0.6667 = 0.6

Change in demand is should reduce the consumption by 0.6 or 60%.

4 0

3 years ago

Read 2 more answers

Sofia bought a couch that required a $60 down payment and $60 per month for the next eight months. Which type of liability does

Anna35 [415]

Answer should be d) a current liability

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2 years ago

Javier is currently paying $1 comma 200 in interest on his credit cards annually. If, instead of paying interest, he saved th

Cloud [144]

Answer:

after 9 years:

FV $15,625.2437

in 14 years:

FV $31,223.0270

last, at the nineteenth year:

FV $55,222.1501

Explanation:

We have to solve for the annuity of 1,200 dollar with a yield of 9% at the proposed times:

$C \times \frac{(1+r)^{time}-1 }{rate} = FV\\$

C 1,200.00

time 9

rate 0.09

$1200 \times \frac{(1+0.09)^{9} -1}{0.09} = FV\\$

FV $15,625.2437

time = 14

$1200 \times \frac{(1+0.09)^{14}-1 }{0.09} = FV\\$

FV $31,223.0270

time = 19

$1200 \times \frac{(1+0.09)^{19} -1}{0.09} = FV\\$

FV $55,222.1501

8 0

3 years ago

A ___________________processes merchandise that is returned because it is damaged, has been recalled, is no longer sold to custo

Semenov [28]

Answer:

The correct answer is reverse logistics.

Explanation:

Reverse logistics is responsible for the recovery and recycling of packaging, packaging and hazardous waste; as well as the processes of return of excess inventory, customer returns, obsolete products and seasonal inventories. It is a way of return for materials that are reused, recycled or destroyed.

Logistics also evolves and adapts to the needs that the sector gradually has. This type of logistics was born to help care for the environment, an increasingly important need in the sector.

4 0

3 years ago

If the dollar appreciates, perhaps because of speculation or government policy, then U.S. net exports:

Naddik [55]

Answer:

The correct answer is option c.

Explanation:

If there is an appreciation in the value of the dollar, it implies that the value of the dollar has increased in comparison to foreign currency. This means that foreign consumers will need to pay more for US goods. This will cause a decline in export demand.

Because of the decline in exports, the net exports will fall. This decrease in the net exports will cause the aggregate demand to fall. As a result, the aggregate demand curve will shift to the left.

3 0

3 years ago