The first thing Karen and Anika should do is to understand the position of competitors by using the positioning process.
<h3>What is positioning?</h3>
The process of positioning refers to the establishment of a business and its products in the market by creating awareness about it. This product positioning helps to create an image of the products among customers.
This product positioning helps the consumers to compare the product with competitors and identify the product with brand value. It also helps to recognize our products with similar products available in the market.
Therefore, Karen and Anika need to understand the position of their competitors if they wanted to provide their services in a market that has already startups and firms.
This helps them to settle the unique value of their products among customers after recognizing the value of competitors' products.
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Answer:
Option A, Increased mental stress
Explanation:
Increased mental stress is one of the possible effect of identity theft.
It can cause following negative impacts on the mental and physical health of an individual
a) It causes sleep disturbance
b) Physical symptoms such as aches and pains, heart palpitations, sweating and stomach issues arises
c) Post stress disorder
d) Anxiety
Hence, option A is correct
Answer:
The correct answer is the circular flow model.
Explanation:
The circular flow model shows the movement of resources between different sectors in the economy. The firms or business hire factors of production from the households. In return, they make factor payments. They use these factors to produce goods and services. The households purchase these goods and services and pay by their factor incomes.
The government sector charges taxes from households and businesses and provides goods and services in return. The government also hires factors of production and make factor payments. It also purchases goods and services from the businesses and pays for it.
The increase will reflect in the GDP deflator and the Consumer price index.
The GDP Deflator is used to measure the level of prices of all new and domestically produced goods and services in an economy.
- So, when there is an increase in price, the nominal GDP (Increased), so the GDP deflator Increased as well.
.
Consumer Price index is used to measure the inflated price of goods and services which are faced by all consumer households.
- So, when there is an increase in price, there is change in CPI .
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Answer:
- Middle management is at the center of a hierarchical organization, subordinate to the senior management but above the lowest levels of operational staff.
- Middle managers are accountable to top management for their department's function. They provide guidance to lower-level managers and inspire them to perform better.
<h2>Hope this helps you !! </h2>