When using threats and punishment, you lower the morale. You need a high morale in a place of work, <em>along</em> with respect and fear for the boss. Too many threats and/or punishments and your workers will rebel.
The three basic question of economic is
What to produce
How to produce
For whom to produce
Therefore the answer would be
1.How will the goods and service be produced
2.How will the goods and service be produced
3.Who will consume the goods and services
The correct answer is FIFO meaning that the oldest inventory items are recorded as sold first but do not necessarily mean that the exact oldest physical object has been tracked and sold.
Answer:
Simulated test markets.
Explanation:
During the market testing stage of the new-product process, a product may be tested multiple times with consumers to get their reactions with test marketing, one type of which is known as simulated test markets.
A simulated test market can be defined as a marketing research technique that involves the exposure of consumers to an unreal market in order to observe their reactions to a new product. It involves advertising in stages through a simulated market so as to determine a customer's purchase decision, forecast demand and market analysis for a new product.
Hence, a simulated test market is aimed at observing and analyzing potential customer's reaction to a new product before it's introduced to the market.
Money is a medium of exchange when: it is used to facilitate trade between buyers and sellers.
a. it is used to facilitate trade between buyers and sellers.
<u>Explanation:</u>
Money is a medium of exchange when there is a need trade between the buyer and seller. It is the medium of exchange.
The buyer will buy something from the seller and in return will exchange money which the seller will further use to buy something that he needs.
Therefore, Money is considered as the source of income and is considered as a medium through which exchange activities can take place.