Answer:
The correct option is: Competitive and open markets as an institution.
Explanation:
The United States has managed to enhance the country's human capital by opening new markets and providing job opportunities to many people.
Similarly, India needs to create new marketing policies where people are encouraged to prepare, to be more competitive and to work hard to achieve a better socioeconomic development of the country.
India needs to know the market and enhance the formation of human capital.
The agency would be described as partially disclosed. A partially disclosed happened because Philip has been notified that Faye is representing someone, but has no notice of Robert’s identity. In here, <span>Faye is liable to Philip even if she did not disclose the identity of Robert, but, she has a right to be refunded for any losses suffered due to Robert’s default.</span>
Answer:
The North American Free Trade Agreements
Explanation:
The reason is that the free trade agreements eliminates the price escalation which is imposed by the other countries on importing these goods. So as a result the market becomes less attractive to the company because its product are not able to compete in that environment. The FTA helps organizations to use the resources of other countries with which the country has free trade agreements to lower its costs to compete competitors. The vital resource in Mexico is cheap labor cost and America has one of the best technologies in the world.
Demographic factors are the most one of the mose used bases for separating or segmenting consumer group. One reason demographic variables are the most popular bases for segmenting customer groups is because are easier to measure than other variables.
Demographics variables often helps consumer needs, wants, and usage rates often to differ. These factors easier to measure than other type of variables.
The segmentation of variable divides the market into smaller means with the use of demographic factors. these factors used are age, gender, and income.
Conclusively, customer segmentation method used is very easy to get through census data, analytics software, consumer forecast etc.
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Answer:
Express.
Explanation:
A contract can be defined as an agreement between two or more parties (group of people) which gives rise to a mutual legal obligation or enforceable by law.
There are different types of contract in business and these includes: fixed-price contract, cost-plus contract, bilateral contract, implies contract, unilateral contract, adhesion contract, unconscionable contract, option contract, express contract, etc.
An express contract can be defined as a type of contract in which the terms binding on the two parties are either explicitly stated in writing or orally, or a combination of both.
In this scenario, Angelica signed a contract to work for Acme Global. The contract described the terms of her employment, including her pay and benefits. Thus, Angelica signed an express contract because the exchange of promise is stated explicitly in writing and it's a legally binding agreement on the two parties (employer and the employee).
