Answer:
Marketing as an entity generates awareness and demand for the product.
Explanation:
- Marketing of a product communicates about its brand value, its utility, and its performance. The four to seven P of marketing such as place, price, product, promotion, people, and physical evidence communicated through the advertisement, personal selling, brand endorsements, and PR events.
- For example, Starbucks coffee communicates the brand name logo, the price, the taste and communicates about the quality of the product. It delivers the message of high standards and a large market base and huge revenue to the clients.
Answer:
Insurable interest
Explanation:
The insurance interest is the interest of the insurer while taking the policy so that the risk of the loss is reduced also it is an important requirement that makes the firm or the event to be legal, valid, enforceable, and protected against any harmful acts done intentionally
Therefore according to the given situation, the concept in which enough interest must exist on the part of the insurer while taking the policy is known as the insurer interest
Hence, the first option is correct
Answer:
This type of organizational behavior can be described as conflict theory.
Explanation:
Conflict theory was given by Karl Marx , according to which social order is maintained through power and domination rather than consensus or conformity . This theory is based on the premise that individuals and groups in a society or in this case supervisors and their teams are working to maximize their own benefits.
Answer:
B. nonprofit organizations; for-profit organizations
Explanation:
Non- Profits Organization
These are organizations that exist not to earn revenue but rather to promote a mission that is targeted at enhancing public welfare. They are usually tax exempt or charitable. This implies they do not pay income tax on money contributions that they receive. They aim at furthering social cause and provide public benefits.
For Profit Organizations
These are businesses or organizations whose primary aim is making profits. The operations and interest of these types of organizations is concerned with itself and not the public. They make money by offering product and service in exchange for payment in money in order to earn profits.