Push marketing strategies in a way force the potential customer to consume by generating a need that previously did not exist through strategies such as great deals or discounts, bombastic advertisements, etc.
In turn, the pull marketing strategies seek to attract customers in a smoother way, that is, by convincing consumers about the essential characteristics of the product through medium and long-term transformations, such as changes in packaging.
Therefore, push strategies serve to generate consumption in the short term, while pull strategies serve to generate consumption in the medium and long term.
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Answer: Crowdsourcing.
Explanation:
A way of obtaining information or ideas from a large number of individuals for problem solving is Crowdsourcing. Crowdsourcing involves sourcing for information, ideas or resources from a large variety of users over the internet. In Crowdsourcing, various individuals team up to solving a common challenge.
Answer:
P = Average Total Cost
Explanation:
Because the market is monopolistically competitive market, one can tell that it is in long run equilibirum by the fact that P = ATC at the optimal quantity. Furthermore, the quantity he firm produces in long run equilibrium is less than efficient scale.
I will assume this is a true or false question. The answer is false.
In the normal costing, the current prices in the market are being used for a direct materials and labor. The overhead rate is only estimated. It uses the estimates of the labor and the material as also the overhead.
Explanation:
Accounts receivable is money owed to a company by its debtors.
Account payable amounts due to vendors or suppliers for goods or services received that have not been yet paid for.