Outsourcing is an attractive way for firms to tap into foreign markets because it enables the company to widen its marketing scope and presence at a lower cost. It also aids the company to hire people with skills and talents which they cannot attain in their countries for a lesser price.
Time difference may factor in some outsourcing firms. There are firms who outsource people of different time zone to ensure that the business operation will continue inspite of the downtime in the firms' headquarters.
Outsourcing also helps the company ease the burden of dealing with company documentations and freeing the firm employees time to negotiate more deals and generate more business for the company.
In a conventional marketing channel members of the channel pursue their own goals and maximize their own profits regardless of the effect on other channel members.
The administered marketing system is a type of distribution channel organization. In this type, they operate under direct ownership
This is a situation whereby goods that are moved from the producer to the final consumer are controlled by the authority of just a member instead of all other channel members.
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Automotive market can be considered an example of market saturation. ... A saturated market is the situation when the demand has been fully satisfied. The only ways to sell more on a saturated market are the following: substitution or replacement of the existing.
Answer:
1. to make money to pay bills.
2. to sopport your family.
3. to so responce abilaty.
sorry I can't think of a fourth one.
Answer:
open market operation
Explanation:
Open market operation is the mechanism of Fed to alter money supply. To increase the money supply, Fed will buy financial securities such as Treasury bills from large banks or security dealers so there is more money deposit in the account of those who buy securities from Fed. Thus, there is more money available for loan hold by the banks resulting in an increase in the money supply. Fed does otherwise to reduce the money supply.