Option C
the family size of the firm's target market would be part of the sociocultural forces in a firm's external environment
<u>Explanation:</u>
To achieve and grow, organizations must modify, utilize, and agree with the authorities in their external environments. Sociocultural environmental forces cover opinions, views, customs and traditions, practices, and lifestyles. Social factors involve reference groups, family, position, and status in the community.
Family is a particular reference group and can execute the most crucial role in shaping the purchasing decisions of themselves. Staying aware of and obtaining the major reference groups, persons or family formations in a community and construction marketing on them can improve small businesses achieve victory.
Answer:
ii) in a fractional-reserve banking system, each dollar of reserves can support more than one dollar of deposits, thereby increasing the money supply by more than $1.
Explanation:
In a fractional-reserve banking system, banks only keep a fraction of total deposits on hand. They will usually only keep the amount required by the Fed, which is called the required reserve ratio. Banks will lend the rest of the money to customers, since they make money by borrowing from customers and lending it at higher rates.
E.g. you deposit $1,000 in the bank. The bank is required to keep 10% in reserves, but lends $900 to another client. That client will spend the money and purchase something. The seller of that good or service then deposits the money into his/her bank. That second bank will then separate $90 as reserves and lend $81 to a different client which will again purchase something, and the cycle goes on...
Answer:
False
Explanation:
The whole purpose of the Madrid Protocol is to simplify the registration of trademarks among the participating countries. A company or person can register a trademark in any of the participating countries and it will be valid in all the countries that signed the protocol (over 90 countries). This simplifies and unifies the trademark registration process.
Explanation:
<u>advantages</u>
.Human beings need money to pay for all the things that make your life possible, such as shelter, food, healthcare bills, and a good education.
Money gives you the power to pursue your dreams.
Money gives you freedom.
Money gives you security.
<u>disadvantages</u>
•Money can lead to disagreements.
•obsession with money, or a love of money, can create a host of problems.
Answer:
A Wholesaler and Retailers
A. Various types of services Ajay is providing to the retailers are:
1. Procuring variety of papers from different manufacturers.
2. Undertaking advertisement and other sales promotional activities to the benefit of retailers.
3. Extending credit sales to retailers.
4. Providing marketing guidance to retailers.
B. Two services that Ajay is extending to the manufacturers as well are:
1. Providing wider market for manufacturers by purchasing in bulk.
2. Helps the manufacturers to distribute their goods.
Explanation:
As a wholesaler, the business acts as the middleman between the paper manufacturers and the retailers. The wholesaler purchases paper in bulk from the manufacturers, thereby encouraging them to produce more. He enables retailers, who are at the grassroots, to gain access to a variety of the manufacturers' products at small quantities. He also helps in the distribution of goods.
