Answer:
B. Creating value for customers.
Explanation:
Marketing is all about building values for customers. Its about creating customer relationships which are profit generating. Any company or brand has a value proposition. It is the set of benefits the company promises to deliver to the consumer to satisfy his/her needs. Thus marketing is the bridge which connects the brand with the customers perceived value of the brand. It makes sure the customer pledges loyalty to the brand, by delivering on its promises on the value proposition. Thus, the most important role that marketing plays in the economy is Creating Value for Customers.
Answer:
Expansionary fiscal policy involves strategy which includes tax cutting, rebates and increase spending.
Explanation:
The government budget will be modified to the tax cutting strategies to implement expansionary fiscal policies. This includes increase in spending so that less money is saved and the tax amount on the profit is minimum.
Answer:
D. How will the questions be defined?
Explanation:
When devising a market research study, one of the first steps is to define the questions of the study.
These questions should be very specific, so that the information gathered by the research can effectively answer them.
For example, a good question for a market research study is "what percentage of marke share have competitors gained over us in the last two months for these two products".
That question is very specific, narrowly defined, and can be easily answered by gathering the appropriate information.
Inflation is the rate at which the general level of prices for goods and services is rising and consequently the purchasing power of currency is falling. The rise or the fall of price determines the inflation rate in a given economy and therefore also determines the purchasing power by consumers. When prices goes up then there is a decrease in purchasing power of money while when the prices down there is a corresponding increase in purchasing power of money. For this reason central banks strives to limit inflation, and avoid deflation, in order to keep the economy smoothly running.
Answer:
d. increases U.S. imports by $1,000 and decreases U.S. net exports by $1,000.
Explanation:
There are two types of international trades, import and export
Import refers to the trade where the principal country buys goods from another country and takes goods.
Export refers to the trade in which the principal country sells goods from own country and send to the buyer country.
Here principal country is the country of concerned person Mike that is US
Since he purchased he bought goods i.e. Olives from Greece into US.
That means he made a import.
With this US import rises by $1000,
Further net exports = Total export - Total import
Since with this transaction total imports increased by $1,000 net exports will decrease by $1,000
d. increases U.S. imports by $1,000 and decreases U.S. net exports by $1,000.
