Answer:
B. the unrestrained market economy leads to too few or too many resources going to a specific economic activity.
Explanation:
The economic situation whereby the distribution of goods and services in the free market becomes inefficient is known as Market Failure. It is the phenomenon in which price system fails to account for all the costs and benefits necessary to provide and consume a good or service. It occurs when the unrestrained market economy leads to too few or too many resources going to a specific economic activity. It also occurs when there is a state of disequilibrium in the market due to market distortion.
Answer: False
Explanation:
Service variability means that the quality of services depends on who provides them. Also where it was provided, when it was provided, and how it was provided are taken into consideration.
Service variability are changes in the quality of identical service that are beung provided by different vendors. It should be noted that the difference in change is due to the nature of the service, delivery method used and the individual providing the service.
A marketing plan of an organization generally aim to do mission of an organization, stated or reiterated.
The strategy a business will employ to promote its products to customers is described in the marketing plan. The target market, the brand's or product's value proposition, the campaigns to launch, and the metrics to be applied to judge the success of marketing initiatives are all identified in the plan.
There are five orientations (philosophical ideas that have influenced and still influence organizational actions in the marketplace):
1. The idea behind production.
2. The idea of the product.
3. The marketing idea
4. The concept of marketing.
5. The concept of social marketing.
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Answer:
Exit Barriers
Explanation:
Exit barriers are obstacles mitigates a company from leaving a market in which considerations are made in stopping operations or from which it wishes to separate from. They are things that hinders an organization from exiting a market. Barriers associated with exit barriers may include emotional barriers such as massive layoffs, desire to recoup and so on. Other exit barriers include strategic interrelationship and specialized assets and governments and social restrictions.
Answer:
d. Milestones are developed during risk planning.
Explanation:
A milestone is a typical measuring point used when establishing cost control. Which of the following does NOT accurately describes the use of cost control milestones?Select one:a. Project managers and sponsors often decide the number of milestones jointly.b. Milestones are often identified in the project charter.c. Project managers can use their cash flow projections to determine the funding needed to reach each milestone.d. Milestones are developed during risk planning.
<u>ANSWER</u>
It is not correct that milestones are developed during risk planning but rather they are developed during Project budgeting where the deliverables are identified in terms of the cost to achieve them. Truly as stated in the scenario's options, Project managers can use their cash flow projections to determine the funding needed to reach each milestone. It is in the project planning phase that these milestones are established by Project managers and sponsors jointly.