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malfutka [58]
3 years ago
10

A business student is preparing for the Graduate Management Admission Test (GMAT) so he can get into a good graduate business sc

hool. He knows that any money he spends on a tutor will be worthwhile if he can improve his scores. He's heard that there is a great tutor in his local community but has no idea who she is. Marketing does not occur in this situation because a. two or more parties have unsatisfied needs. b. there is no desire on the part of either party to satisfy its needs. c. neither of the involved parties have the ability to satisfy its needs d. there is no way for the parties to communicate with one another. e. there has been no assessment of consumer wants and needs
Business
1 answer:
gulaghasi [49]3 years ago
5 0

Answer:

d. there is no way for the parties to communicate with one another.

Explanation:

Marketing is the process by which relationships are created and managed on order to satisfy customers.

The business student has heard of the tutor but does not know who he is. Although he is willing to pay for lessons he has not opened any lines of communication with the tutor so marketing cannot occur.

Communication has to be established before a relationship is built (marketing).

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Read 2 more answers
Which market is most likely to be characterized by oligopolistic competition in the united states?
k0ka [10]

The market most likely to be characterized by oligopolistic competition in the united states is smartphone service providers.

<h3>What is an oligopolistic competition ?</h3>

An oligopoly is when there are few large firms operating in an industry. This is because there are high barriers to the entry and exit of firms into the industry.  The  smartphone service provider industry is dominated by  five industries due to the high cost and regulations in the industry.

Here are the options to the question:

a) soybeans

b) pens and pencils

c) smartphone service providers

d) men's clothing

e) electrical service to the home

To learn more about oligopolies, please check: brainly.com/question/26130879

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3 0
2 years ago
If you can invest $1,000 today and it will grow to be worth $1,350 over the next 6 years, what is the compound annual return you
Roman55 [17]

Answer:

5.13%

Explanation:

Given:

Worth of investment today (PV) = $1,000

Investment worth after 6 years (FV) = $1,350

Time period of investment (nper) = 6 Years

It is required to compute annual return (RATE). This can be computed using spreadsheet function =RATE(nper,-PV,FV).

Substituting the values, we get =RATE(6,-1000,1350)

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Present value is negative as it is a cash outflow.

Therefore, annual return is computes as 5.13%.

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3 years ago
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3 years ago
Which of these items is a tax deduction?. a)cash awards. b)interest from bonds. c)interest on a home mortgage
wolverine [178]
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