Mobile marketing has a unique ability to empower users by connecting with them individually and continuously. This socially networked world will lead to connected users having more direct interactions with sellers.
What is marketing?
Creating interest in your company's goods or services is known as marketing. This is accomplished by market research, analysis, and comprehension of the interests of your prospective clientele. Product creation, distribution channels, sales, and advertising are all included in the definition of marketing.
What is the importance of marketing?
The benefit of marketing for your company is that it engages consumers and helps them decide whether to purchase your goods or services. Additionally, your business plan's marketing strategy contributes to the creation and maintenance of demand, relevance, reputation, competition, etc.
What is Direct digital marketing?
Delivering pertinent messaging electronically to chosen recipients is known as direct digital marketing (DDM). In the same manner that direct marketing in the real world uses the postal service, DDM uses email, websites, and mobile services.
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The Given Statement is TRUE. Banks helped international trade by allowing merchants access to money in different locations.
<h3>
What is International Trade?</h3>
International Trade is the exchange of goods and services across international borders. It usually comes with additional risks caused by changes in exchange rates, government policies, laws, judicial systems, and financial markets.
International trade drives a country’s growth. Import-export figures are one of the top contributors to a country’s gross domestic product. Thus, every country tries to strengthen its global trade relationships with world leaders.
<h3>What is the role of the banks in International Trade?</h3>
Banks facilitate international trade by providing financing and guarantees to importers and exporters. While access to external funds is important for domestic production, it is especially important for exporting firms.
<h3>What did a Merchant do?</h3>
Merchants were those who bought and sold goods, while landowners who sold their own produce were not classed as merchants.
Thus, we can conclude that the above statement is TRUE.
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Answer:
The correct answer is letter "A": Option contract.
Explanation:
An option contract gives a buyer the right but not the obligation to purchase an asset at a certain price -usually fixed- and date. The term is mostly used while talking about stocks. A buyer can profit both from the upward and downward movements of the stock price. If the price goes up, the investor could bet on call options while the decreasing price could allow investors to profit from put options.
<em>Lucas's case reflects an option contract because he is planning to purchase a house from Janet at a price and date in the future but he agreed in not having the obligation to buy the house when that date arrives.</em>
