The profit motive is important to a market economy because it

A major factor contributing to the growth in the use of direct marketing IMC efforts is:__________

il63 [147K]

Answer:

a. increased use of credit and debit cards and online shopping by consumers

Explanation:

The IMC stands for Integrated marketing strategies in which the focus of the company to promote more and more products in social websites in order to maximize the company sales

The direct marketing could be done via various modes like - television, social sites, print media, etc

Now the major factor i.e contributed to the growth of IMC because of excessive use of cards i.e debit card and credit card for online shopping or for any other purpose

4 0

3 years ago

Suppose that, with free trade, the world price of the product is $15. what is the value of consumer surplus?

shtirl [24]

Suppose that, with free trade, the world price of the product is $15. The value of consumer surplus will be $697.50

<h3>What is Free Trade?</h3>

Governments impose no tariffs, taxes, or duties on imports or export quotas under free trade. In this sense, free trade is the polar opposite of protectionism, a defensive trade policy aimed at preventing foreign competition.

In practice, governments with generally free-trade policies still impose some controls on imports and exports.

Most industrialized nations, including the United States, negotiate "free trade agreements," or FTAs, with other countries that determine the tariffs, duties, and subsidies that countries can impose on their imports and exports.

Local trade gets the right to see the cutting-edge technologies developed by multinational partners, as well as human expertise.

The aim of business is to maximize profits, whereas the goal of government is to protect its citizens.

Neither unrestricted free trade nor total protectionism can achieve both goals. The best solution has evolved from a combination of the two, as implemented by multinational free trade agreements.

To learn more about Free Trade, visit:

brainly.com/question/10473895

#SPJ4

7 0

2 years ago

Which of the following positions is primarily responsible for raising capital and investing funds?A) The treasurerB) The COOC) T

Ede4ka [16]

Answer: <em>Option (A) is correct.</em>

Explanation:

A treasurer is known as a an individual who is responsible for working the treasury of a/an firm/organization. The compelling main functions of an organizations treasurer usually include liquidity and cash management, corporate finance and risk management. They are also primarily responsible for increasing capital via issuing bonds, stocks and investing funds. They tend to report back to CFO.

6 0

3 years ago

The ultimate goal of JIT is to have:__________.

sineoko [7]

Answer:

The correct answer is (A)

Explanation:

JIT stands for just in time; it is a process which is used to handle and coordinate the inventory management. The main goal is to handle the inventory efficiently to improve the flow of the system in a timely manner and to eliminate discrepancies in the inventory management system. Overall, it helps to eliminate the disruption and to make the system flexible and smooth.

8 0

4 years ago

The Coase Theorem states that

choli [55]

Answer:B. if transaction costs are low, private bargaining will result in an efficient solution to the problem of externalities.

Explanation:

The coarse theorem:

If there is a conflict between parties this will lead to an effecient results irrespective of who won the right to the property as long as the transaction cost related to the price negotiation is insignificant.

7 0

4 years ago