Answer:
B. Advertising is about buying the attention of an audience of potential consumers. I hope this helps. :)
Explanation:
Answer:
Option C: substitution effect will tend to reduce the demand for labor
Explanation:
Capital is simply anything man made that is used in the production of goods and service. It is that which is used by man to start any business venture or produce goods and services e.g. money(currency),machinery, buildings, stock etc. Labor is mans effort put into work.
Since capital is readily substitutable for labor and when the price of capital falls. We can say that the substitution effect will tend to reduce the demand for labor. If also capital and labor are used in rigidly fixed proportions and the price of capital falls, it can be concluded the substitution and output effects will work.
Answer:
C. increases the company's access to state-of-the-art products and processes.
Explanation:
Outsourcing -
it is the process of hiring an organization or party or individual from outside the organisation .
The task of the party is to make goods and services .
The main focus of outsourcing is as a cost - cutting measure .
Hence advantage of outsourcing to the company is that , it increases the access of the company to the state - of - the - art products .
Answer:
c. when the company corrects poorminusquality goods or services before delivery to customers.
Explanation:
Internal failure costs are costs incurred when the company corrects <u>poorminusquality goods or services before delivery to customers.</u>