In order to have the greatest impact, the marketing team may often use public relations tactics to give sponsorship programs a boost. Public relations is also abbreviated to PR, those that work in the PR department are in charge of maintaining a relationship with the public and the company they work for. There must also, always be a professional level maintaned to keep the company's image in the right light.
Answer: Production orientation
Explanation: It refers to a strategy when the company focuses only to provide the best quality product in the market without taking into consideration the preference of the customers.
In the given case, Steel makers are focusing on making their business process the best in market so that they can gain a competitive advantage.
Thus, from the above we can conclude that the correct option is C.
Answer:
Under classified balance sheet, common stock and retained earnings are reported separately
Explanation:
Under equity section of balance sheet, common stock and retained earnings are line items i.e they are reported under equity section of balance sheet separately.
The total of these two should also be separated i.e the total is a line item also. And this forms the total equity provided there are no other line items for the for the period again.
Goods that are normally consumed together are known as 'Complimentary Goods' i.e. they compliment one another.
Other examples include toothbrush and toothpaste or Car and Gasoline.
Car and Gasoline is a classic example of complementary goods since the increase or decrease in the demand for one product has a direct impact on the other.
For example, when Gasoline prices start to decline, there is generally an upward trend in the purchase of new cars and vice versa.
Answer:
Monopoly
Explanation:
The level of competition least beneficial to consumers is monopoly. In monopoly, there is only one or very few sellers which sell their products to the customers on the prices of their own liking. Because of no competition, customer has to pay higher prices. Moreover, no substitutes are av
available in the market as well which definitely effects customers. For example, Microsoft Window. Monopoly has bad impact on the customers and it is very ideal scenario for the seller in order to earn more profits.
