Globalization is the increase in the flow of goods, services, capital, people, and ideas across international borders. Globalization changes the way nations, businesses and people interact. Specifically, it changes the nature of economic activity among nations, expanding trade, opening global supply chains and providing access to natural resources and labor markets.
Answer:
The use of Paraffin Wax
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Explanation:
<u> Paraffin Wax</u>
The use of paraffin wax is very common in nail services in order to help softens the customer's skin and smooth over the dead cells on the area surrounding the nails. This will make the hands felt soft and radiant, and great for creating first impressions during handshakes on professional settings.
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Many nail services now had the ability to customize the shape of customers' nails rather than only giving it simple colors / design. This can be done by using different variations of gems as materials or only using the nails of the customers if it has enough size.
Answer:
The correct answer is option b.
Explanation:
Mathew bakes and sells apple pies. Apple here is used as an input. If the price of apple increases, it means the cost of producing apple pies is increasing as well.
At the given cost the firm will be able to produce fewer apple pies. This will cause a reduction in the supply of apple pies. Consequently, the supply curve will shift to the left.
Answer:
d) All of the above
Explanation:
Here are the options to this question :
a) Geographic
b) Demographic
c) Psychographic
d) All of the above
e) None of the above
Geographic segmentation is the segmentation of people based on their locations
When Ashton Woods determines that homeowners are seeking locations convenient to good, local schools, he is segmenting by geography.
Demographic segmentation is the segmentation of people based on demographics such as age, income, gender, ethnicity.
When Ashton Woods profiles households based on the income they earn, he is doing demographic segmentation
Psychographic segmentation is the segmentation of a group of people into groups based on certain psychological characteristics
When Ashton Woods determines that homeowners would want like a beautiful upscale home, without the cost of maintaining a large yard. He is segmenting based on Psychography
Ok so trade offers is like here an example: if you want that car really bad but the other person says if you this car you have to give him something that he likes or the same value as the car.
