Going With Your First mind Because It's Not In The Thinking Process
Answer:
The federal funds rate is the rate at which banks borrow money overnight. When the Fed wants to stimulate the economy, it will lower the short-term funds borrowing rate. In response, banks typically lower the interest rates they charge to consumers for a variety of loans.
Answer:
The elasticity of labor is elastic (low elastic).
Explanation:
The given situation or condition, the rise in minimum wage will lead to decrease the employment for the person who earns lower than new minimum wage shows that the labor demand is elastic or elasticity for the labor is low because the increase in the minimum wage lead discourages to the producer to hire unskilled labor. Therefore, employment will decrease with an increase in the minimum wage.
Answer: 1) Raising brand awareness 2) Supervise sales team 3) Carry out presentation
Explanation:
The marketing management has a lot to do to ensure a product is well sold in the market.
1) Raising brand awareness; the product management must come up with innovative wats of promoting brand awareness, either through social media or street marketing, these lies in their hands to do. They are to come up with marketing campaigns
2) Supervise team: the product management would work with a team of marketers and while doing so, would supervise each of them in monitoring how they are going about getting new clients and retaining old clients
3) Presentations; where the nee arises, the marketing management would go out for presentations to companies and group of organization to teach about her products. This can also be done by her team members but they are some occasion the management plays the role
Answer:
The internet has enabled companies to promote their business with listing key factors and market their products with special highlights.
Explanation:
Earlier businesses used to promote their products by door to door marketing. In this era of technology and advancement the business focus on distinct features of their product and promote the products by highlighting those distinct features which other products does not have. Consumers are impressed with the presentation style and it is easier for them to view the complete product details by sitting at home through internet.
