Credit advanced to consumers for the purchases of goods and services
Absolute advantage is the ability to produce a good using fewer inputs than another producer, while comparative advantage is the ability to produce a good at a lower opportunity cost than another producer (reflecting the relative opportunity cost). One key difference is that one person can have an absolute advantage in both goods, but it is impossible for one person to have a comparative advantage in both goods due to the opportunity cost of a product being the inverse of the opportunity cost of the other.
The statement above is FALSE.
Apportioning financial resources among divisions to increase financial returns or spread risk among different businesses is called PORTFOLIO STRATEGY.
SYNERGY refers to the performance gains that is achieved when individuals and departments coordinate their actions.
The earnings in a cooperative are shared with member owners. The cooperative societies distribute the profits to its members based on the business transacted with the Cooperative society.
Answer:
first and foremost influenced by the economic needs that they have for quality and reliability.
Explanation:
Based on the information provided within the question it can be said that the the purchasing behavior of organizational buyers is first and foremost influenced by the economic needs that they have for quality and reliability. Since consumers want to purchase a product they can trust that will not fail after purchase and will get the job that it is suppose to do, done.
