Answer:
d. may not always fit the specific needs of the user.
Explanation:
Standardized marketing information is a secondary data which is collected for use but is already used by someone else. The main disadvantage of standardized marketing data is that is might not fit the specific needs of the user. The data collected does not satisfy the purpose of gathering information. This data can save time of the user but it will not meet the requirement for which it was collected.
Answer:
B. Taking a friend to lunch in return of a favor
Explanation:
Barter System is direct commodity/ service to commodity/service exchange , without using money as an intermediary exchange medium . It is also called C to C exchange .
Eg : Two farmers exchanging their wheat & rice , A teacher teaching grocers' child in exchange of groceries from him .
So : A. Simple Investment , C. Money Purchase , D. Money Denomination exchange - neither are examples of Barter System .
B . Paying off a friend's favour in exchange of a service (being service-service exchange) is a relatable example.
Answer: Option (C) is correct.
Explanation:
In a competitive market conditions, there are large number of buyers and sellers. All the firms in this market condition are selling identical products or we can say that all the goods are perfect substitutes.
Suppose if the firms earning negative economic profit then they continue to operate until the price of their goods is greater than the average variable cost and they shut down their production if the price of their goods is lower than the average variable cost.
A firm can experience normal profit, loss or supernormal in the short run.
But competitive firms cannot decreases their output to minimizes their losses.
Answer:
Sensitivity analysis
Explanation:
The excel tool that is fit for this task is a sensitivity analysis
Sensitivity analysis is a financial modelling tool that illustrates how a set of input variables impacts the dependent output variable under a certain specific condition , useful for making predictions concerning a range of variables.
It helps in identifying key variables that are of high influence on a project to facilitate a more precise forecasting , and also to help in ranking projects.
Other key benefits are that it considers the time value of money and cash flow.
Answer:
Letter D is correct. <u>Telecommuting.</u>
Explanation:
Telecommuting can be defined as the possibility that a company offers employees to work outside the office, being able to do the work from their own home or from different locations. In this work agreement, contact with the company is made through communication via email, telephone and remote conferences, but the an employee can also be in the office to attend meetings or have direct contact with their managers.
There are many added benefits in the strategic use of telecommuting, some of which are greater flexibility and freedom of choice for the worker to define his time and place of work, which consequently increases productivity and motivation for work.