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vlabodo [156]
3 years ago
5

What are three common factors that make local economics different

Business
1 answer:
Monica [59]3 years ago
3 0

Local economics differ from national economics because locally different cities vary in population, the environment where they live and the location. Each of these factors change how items are produced and consumed and play into the national economic level. The population where you live helps determine the demand and supply of items in the area. The environment in which you live (natural disasters, resources, land type) determine the types of goods and services that are available and important in the area. The location in which you live helps determine the ease or difficulty of receiving items in the region you live in.

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Tiyona Motors plans to introduce a fast, stylish car to its fleet that management hopes will appeal to high-end buyers and grant
mojhsa [17]

Answer:

C

Explanation:

Since it is a deal on luxury cars, it is expected that the amount of money that will be allocated to start it by Tiyona motors would be high. Also, before Tiyona motors decided it would be running this kind of investment, there had been other players in the game. As a green horn in the luxury car business, it is expected that there would be a huge competition from pre-existing companies who have been in the game before Tiyona motors.

The above explanation is the reason why option C is the correct answer

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3 years ago
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The story of how prilosec otc successfully used sponsorship of bunco gaming, in particular the bunco world championship illustra
Basile [38]
The principle that is ideal for branding through sponsorship scenario are the following;

<span>-          </span>Taking advantage of the excellent overlaps that are between with the customer and the benefit of the brand

<span>-          </span>The individual should be able to connect with the consumer in a meaningful and fun way

<span>-          </span>Unique connections should be leverage between the brand and the consumer by means of building loyalty and favorable word


4 0
3 years ago
A customer buying an unfamiliar product that carries a fair degree of risk would most likely engage in ________ decision making.
Deffense [45]

Answer:

extended problem solving

Explanation:

A situation where a buyer is buying a product he or she has never bought before hence requires considerable efforts, such is termed extended problem solving. The reason is that a buyer does not have prior experience about the product or the supplier, thereby creating complex buying decisions.

In extended problem solving, buyers evaluate and search for information about products they intend to buy due to the fact that they are not familiar with the products. Here, buyers search for all available information inorder to choose among brands of products they intend to buy; being the first time of purchasing such.

5 0
3 years ago
I feel nice so just tell me your fave game
luda_lava [24]

Answer: The sims

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5 0
4 years ago
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IGM Technologies sells a new calibrated filtering system used to virtually eliminate all types of hazardous gas emissions in che
BabaBlast [244]

Answer:

Personal Selling

Explanation:

Personal Selling is one of the elements of promotion mix which involves one to one sales communication with potential customers. Personal selling is one of the most effective promotion approaches because it can be tailored to meet potential customers needs, especially when sales of a particular product and service demands that.

In the case of IGM Technologies, personal selling would be the most likely used because of the complex technology that customers may not understand easily and need for sales personnel to educate potential customers about the product.

Others elements of promotion mix, such as advertising, public relations and mass marketing will be less effective as they don`t bring sales personnel close to potential customers as personal selling. And using any one of three other elements of promotion mix will not help potential customers to understand the complex technology, manner of usage and how to maintain the filtering system.

So personal selling will most likely be used.

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3 years ago
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