Definition:
Tax imposed by the government on the things which are harmful for the human health is termed as Sin Tax. For example, Tobacco products, drugs, cola drinks, gambling, fast food items etc.
Why it is mainly imposed:
It is imposed to increase the prices of the above given harmful products which consequently, might can be helpful in decreasing their consumption.
This answer is FALSE - FUN FACT - Liquidity of money refers to the ease with which the owner of an asset can convert it into cash it is easier to convert common stocks into cash rather than attempt to raise cash from sale or mortgage of real estate assets
Answer:
The three primary characteristics of perfect competition are (1) no company holds a substantial market share, (2) the industry output is standardized, and (3) there is freedom of entry and exit. The efficient market equilibrium in a perfect competition is where marginal revenue equals marginal cost.
Answer:
A, independence
Explanation:
Motivation can be defined as the stimulation of individuals to achieve a certain goal.
It can also be said to be the a force that drives the wants, needs, etc of an individual. Motivation have various influencing factors as well as several modes.
Factors that influences motivation include; valence, instrumentality, expectancy, etc.
Modes of motivation include; intrinsic, extrinsic, introjected and identified motivation.
From the above question, independence isn't a factor that influences motivation. This is because independence, according to the dictionary, can be said to be a state of freedom from something.
Freedom does not motivate a person to achieve anything as there will be no pressure or driving force or even an individual to encourage. This makes goals impossible to difficult to achieve.
Cheers.
Answer:
Option D. After completion of market research, situation analysis, and competitor analysis
Explanation:
The reason is that the company always sets objectives and goals when it analyzes the business environment, the way competitor would react, product demand, etc and all these things come from market research, situation analysis, competitor analysis, position analysis, capability analysis, etc. This gives a clear picture where the organization must head towards. So after completion of these analysis and research, company is able to set goals.
Always remember that the company sets its goals before marketing planning (Option A) and after situation analysis (Option B) because it helps define what number of sales we need which formulates the marketing planning.
Option C is incorrect because strategies are set after the objectives and goals are set because the strategies are always alligned with the objectives and goals.
Option E is incorrect because Goals and Objectives are set always after the SWOT and PESTLE analysis not during these studies.
Here the only only option with broader meaning is option D which also includes the Option A and Option B.
