Answer:
Secondary Data
Explanation:
Secondary data is defined as the data that is collected by the other people other than the end users of it.
In the case, Mark is the end users. And the data is of U.S census bureau, other governments agencies, database, however, is not collected by Mark but by marketing research firms and different reports instead.
So that, in this case, Mark is using secondary data.
Because the two brands are interchangeable, they buy more shoes from the second competing manufacturer at given low price.
In the viewpoint of the purchaser, substitute items are same, similar, or equivalent to some other commodity. Customers' demands can be met completely or partially by substitute items. As a result, the customer feels they may be substituted for one another.
So,
<u>Option "B" </u>is the correct answer to the following question:
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Answer:
B) money.
Explanation:
Characteristics of a negotiable instrument
- Property: the individual or company that possesses the instrument is also considered its owner. Order instruments, e.g. checks, must be endorsed for transfer of property.
- Title: the person that receives title of the instrument is called a transferee and is the holder in due course.
- Rights: the transferee can take legal action to claim the honoring of the instrument.
- Prompt payment: the due holder can anticipate prompt payment because dishonoring the instrument (not paying it) results in the "ruin of credit" of all parties involved in the instrument.
- Monetary value: instruments carry a specific monetary value and must be paid in money.
It should be noted that when considering marginal revenue versus marginal costs, marketers must ensure that marginal revenue exceeds marginal costs.
<h3>What is marginal revenue and marginal costs?</h3>
The marginal cost of production serves as the change in total cost that is bern incured as a result of making or producing one additional item.
Marginal revenue (MR) on the other hand serves as the incremental entity.
However, In equilibrium, marginal revenue equals marginal costs.
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Answer:Cause and Effect Analysis
Explanation:
The cause and Effect Analysis is a technique that helps you identify all the likely causes of a problem. This means that you can find and fix the main cause, first time around, without the problem running on and on.
The diagrams you create with this type of analysis are sometimes known as fishbone diagrams, because they look like the skeleton of a fish. The technique was developed by Professor Ishikawa in the 1960s.
To solve a problem with this technique, write down your problem in a box on the left-hand side of a piece of paper. Then draw a straight line from the box to the other side of the paper.
Once you've written down the problem, draw several lines that extend out from your long horizontal line. You're now going to brainstorm all of the factors that could be contributing to this problem. These may be systems, equipment, materials, external forces, people involved with the problem, and so on.