Answer: Aggregate Demand Decreases
Explanation:
When the Central Bank sells bonds, it is engaging in Open Market Operations to reduce the amount of money in the Economy by taking money out of people's hands ( the money they will use to buy the bonds).
When money supply in the economy decreases, it will have the opposite effect on Interest rates as they will increase because money is no longer readily available.
When this happens both businesses and Individuals will reduce the amount of money they borrow for investment and consumption respectively which are both components of Aggregate Demand.
Aggregate Demand therefore decreases and the AD curve shifts to the LEFT to depict this.
As for customer experience management, Gartner sums it up pretty well in its definition: “the practice of designing and reacting to customer interactions to meet or exceed customer expectations and, thus, increase customer satisfaction, loyalty and advocacy.”
Customer satisfaction (CSAT) is a metric for gauging how well a company's goods, services, and general customer experience live up to expectations. By demonstrating how well your goods or services are received by customers, it represents the health of your firm.
In marketing, the phrase "customer satisfaction" is commonly used. It evaluates whether a company's goods and services meet or exceed customers' expectations.
Learn more about customer satisfaction here
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Answer:
A) Marketing
Explanation:
Marketing management is the art and science of choosing target markets and getting, keeping, and growing customers through creating, delivering, and communicating superior customer value. In marketing management, first of all we segment the heterogeneous market into homogeneous segments and then decide which segment we should serve and enter. Then we target that segment with the help of our products and services by considering the needs and wants of that segment accordingly. After entering that segment, we try to deliver value to the customers and make long term relationships with them. Our main aim then is to keep them buying our products and services and keep their number growing and increasing our sales and profits eventually.
Answer: C) the firm's orientation toward and strategy for global markets and marketing.
Explanation:
International firms are firms that has its main headquarters in a particular country while still having offices in other countries.
For a multinational firms, products are being marketed to different countries in different ways while a transnational firm is a firm that deals with the production of goods and services internationally in more than a country.
The key factor that distinguishes one from another is the firm's orientation toward and strategy for global markets and marketing.
Answer:
The plumber worked <u>70 hours</u> and his assistant <u>35 hours</u>.
Explanation:
To solve this problem, we will use the substitution method. Step by step explanation:
1. Defining the variables:
- P: For plumber
- A: For assistant
2. Defining the equations:
- P = 2A (As the plumber works exactly double what the assistant works)
- $40P + $15A = $3325
3. Replacing P in equation 2:
4. Replacing A in equation 1 to find the value of P:
This means the plumber worked <u>70 hours</u> and his assistant <u>35 hours</u> for a final bill of $3325.
