Answer:
Publicity
Explanation:
The fact that the Mogul-Sherston hotel was offering free camel and elephant rides to customers and very few took up the offer shows a publicity gap in services marketing.
In services marketing, the marketing team is expected to make all the customers or intended audience know all the services and offers that are available to them. This can be achieved by use of fliers, Bill boards, television and radio advertising, and door to door advertising.
Because the services marketing team didn't reach out to a lot of customers, informing them about the fantastic offer on display, very few knew about the offer and took advantage of it.
Answer:
The correct answer is: The law of comparative advantage.
Explanation:
Comparative advantage refers to the situation when an individual, a firm, or a nation can produce a good or service at a comparatively lower opportunity cost.
With the opening up of trade the nation or individual will produce and trade the good it has a comparative advantage in or the good it specializes in producing.
It will export this good to others and import the goods it has a higher opportunity cost in producing. In this way, both the nations or individuals will be able to consume beyond their production possibilities curves.
So, both of them will be able to gain from trade.
Answer:
2.Refers to the debt and equity claims making up the liability side
Explanation:
The cost of capital is the cost of the owners of the business gives to their investment
While the financial capital is the investment made for third parties in exchange of interest yields. Also it may be convertible to equity if preferred for the investor or based on terms in the contract.