Answer:
Markets use prices as signals to allocate resources to their highest valued uses. ... Businesses also have dual roles—they supply goods and services and demand resources. The interaction of demand and supply in product and resource markets generates prices that serve to allocate items to their highest valued alternatives.
Explanation:
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Answer : Product positioning is a form of marketing that presents the benefits of your product to a particular target audience. Through market research and focus groups, marketers can determine which audience to target based on favorable responses to the product.
step by step explanation :
Answer:
Explanat
Remember, your skill at choosing that product or service is critical to your success. The most important thing you can do before deciding what to sell is to think. And the more you think about a product or service before you bring it to market, the better your decisions will be.
Answer:
(C) Accordingly
Explanation:
Crisis management is the process by which an organization deals with a disruptive and unexpected event that threatens to harm the organization or its stakeholders.
Three elements are common to a crisis:
(a) a threat to the organization,
(b) the element of surprise,
c) a short decision time.
Crisis is a process of transformation where the old system can no longer be maintained. Therefore, the fourth defining quality is the need for change. If change is not needed, the event could more accurately be described as a failure or incident.
