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Vikki [24]
3 years ago
7

Write a brief story about a young person shopping at a local mall that incorporates all benefits of marketing ?

Business
1 answer:
Anvisha [2.4K]3 years ago
6 0

Explanation:

Marketing can be understood as the strategic development of action plans capable of building a strong relationship between the client and the company, and generating value for a brand.

Therefore, a young person shopping at a local mall that incorporates all the benefits of marketing will be responsible for bringing these advantages to a company and putting it in a successful position.

Suppose the young man had a need to buy running shoes, so he went to the mall to look for options to meet his set of needs including benefits and price. As he strolled through the mall he noticed a store whose sports shoes ads he had seen on TV, so he felt confident when he entered the store, saw images of an advertising campaign that a famous sportsman wore branded sneakers, felt identification with the brand and then was well attended by the sales team, who explained all the benefits of the product and even gave a discount to buy through the online store.

Satisfied with the purchase and service, the customer started to follow the social media of the brand in question, bought another sneaker through the online store and started to recommend the brand in their social media.

We can see that through marketing efforts, the brand is able to create a favorable shopping experience that helps to retain customers and attract new ones, so it positions itself in the market in a competitive and profitable way.

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Suppose output is $35 billion, government purchases are $10 billion, desired consumption is $15 billion, and desired investment
Alex17521 [72]

Answer:

Net foreign lending would be equal to <u>$4 billion</u>.

Explanation:

This can be computed using the formula for computing the total output of an open economy as follows:

Y = C + G + I + NX .................................. (1)

Where;

Y = Total Output = $35 billion

C = Desired consumption = $15 billion

G = Government purchases = $10 billion

I = Desired investment = $6 billion

NX = Net foreign lending = ?

Substituting the values into equation (1) and solve for NX, we have:

$35 = $15 + $10 + $6 + NX

$35 - $15 - $10 - $6 = NX

NX = $4 billion

Therefore, net foreign lending would be equal to <u>$4 billion</u>.

8 0
3 years ago
a. Suppose that banks have decided they need to keep a reserve ratio of 10%—this guarantees that they’ll have enough cash in ATM
d1i1m1o1n [39]

Answer:

A. The money multiplier is the amount of money supply with each dollar increase in reserves. so, it is correct.

b.-  Since there is an inverse relationship between the reserve ratio and the money multiplier, a higher reserve ratio leads to a lower money multiplier.  So increase the ratio and lower the money.

7 0
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Answer:

Single premium whole life insurance

Explanation:

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Name the monetary policy tool being used in each of the following examples. a. The central bank buys government securities from
shepuryov [24]

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

5 0
3 years ago
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