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Orlov [11]
3 years ago
15

Which statement best describes the economic relationship between

Business
1 answer:
xxMikexx [17]3 years ago
7 0

Answer:

B. Resource markets provide the materials businesses need.

Explanation:

A resource market is where businesses buy materials they require for the production of other goods. They are markets for inputs of production. Resource market contrast finished goods markets where customers buy consumer goods and services.

Resource markets are where businesses obtain the factor of production. Land, labor, and capital are purchased from the resource markets.

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As the Managing Director of SXSW, Roland Swenson sells advertising to other businesses in an effort to promote SXSW’s music fest
valina [46]

Answer:

Sales promotion

Explanation:

Sales promotion is the process of convincing the customer to buy products. It uses short term tactics to boost sales and can be directed at the customer, sales staff, or distribution channel members.

Sales promotion is one aspect of the promotional mix.

Promotional mix is made up of advertising, personal selling, direct marketing, and public relations.

Managing Director of SXSW, Roland Swenson sells advertising to other businesses in an effort to promote SXSW’s music festival and the other companies’ products. This is a business to business sales promotion.

3 0
4 years ago
Read 2 more answers
The open systems model of ob assumes that ________. organizations exist in a vacuum organizations are contingent organizations a
Yanka [14]

The open systems model of ob assumes that <u>organizations are self-sustaining</u>. and this is because the system believes that the supplies of energy cannot be depleted.

<h3>What is an Open System?</h3>

This refers to the type of system that has to do with assumed infinite amounts or supply of energy

Hence, we can see that The open systems model of ob assumes that <u>organizations are self-sustaining</u>. and this is because the system believes that the supplies of energy cannot be depleted.

Read more about open systems here:

brainly.com/question/11956233

#SPJ1

6 0
1 year ago
Recently, U.S. dairies, struggling to increase milk sales, tried to change the way adults thought about chocolate milk. The dair
Blizzard [7]

Answer:

The correct answer is C

Explanation:

Repositioning is states as altering or changing the position of the product in the customer minds as relative to the offerings of the product. It is very difficult as well as subtle procedure as the brand or the product needs or require to change the market understanding of the product.

In this case, the dairies would like to reposition the chocolate milk in the minds of the adult customers as they are trying to change the way adults think of chocolate milk.

7 0
3 years ago
Why is it money is important in growing company ?
professor190 [17]

Answer:

you need a lot of money to start a company

Explanation:

3 0
3 years ago
In 2009, based on concepts similar to those used to estimate U.S. employment figures, the Italian adult non- institutionalized p
STatiana [176]

Answer:

b. 48.4% and 7.9%

Explanation:

Given:  Italian adult non- institutionalized population was 51.070 million.

             The labor force was 24.710 million.

             The number of people employed was 22.765 million.

Now, finding the Italian labor-force participation rate.

Labor-force participation rate= \frac{Labor\ force}{Total\ population}

⇒ Labor-force participation rate= \frac{24.710}{51.070}\times 100

∴ Labor-force participation rate= 48.38\% \approx 48.4\%

Next finding unemployment rate.

Unemployment rate= \frac{Total\ population- (Labor\ force+ people\ employed)}{Total\ population}

⇒ Unemployment rate= \frac{51.070- (24.710+22.765)}{51.070}

⇒ Unemployment rate= \frac{51.070- (47.475)}{51.070}

Opening parenthesis.

⇒ Unemployment rate= \frac{3.595}{51.0170} \times 100

∴ Unemployment rate= 7.039\%

Closest option available is 7.9\%

Hence, labor force participation rate is 48.4% and unemployment rate is 7.9%

6 0
3 years ago
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