The best way to improve the operation of our macro-marketing system, given the current objectives of our society, is to: <u>do better</u><u> marketing strategy planning</u><u> and</u><u> implementation</u>
A marketing strategy is a long-term plan to achieve a company's goals by understanding customer needs and creating a clear and sustainable competitive advantage. This includes everything from identifying customers to deciding which channels to use to reach those customers.
These seven are strategies of marketing: product, price, promotion, location, packaging, positioning, and people. Products, markets, customers, and needs change rapidly, so you need to constantly review these 7 P's to get you on the right track for maximum results in today's market.
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Answer:
Structural unemployment is present in case of A, B, C, and D.
Explanation:
Structural unemployment refers to the situation when the workers are unemployed because of the mismatch between the skills they possess and the skills the employers are looking for.
Unemployment caused by drought cannot be classified as structural unemployment. The rest of the examples involves cases of structural unemployment.
Answer: $2550
Explanation:
Note that the probabilities of total loss and 50% damage were tripled and the probability of no fire has therefore changed to:
1 - 0006 - 0.024 = 0.97.
The company wants to keep same annual gain from the policy ($750), and the question now is, what would the new premium (N) be which will satisfy this? To get this, we need to solve the equation for:
N:750 = (N - 100,000)(0.006) + (N - 50,000)(0.024) + N(0.97)
Thus, 750 = N - 600 - 1,200, or N - 1,800. Therefore,N= 750+1,800= 2,550.
To account for the added risk which the insurance company is taking by continuing insuring the customer, the premium changes from $1,350 to $2550
It is important to look at many different companies in which to invest your money in because you will be able to compare which company has the greatest advantage among others so that you will not only have a sure return on your investment but also a higher return
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