This correct answer is True
Answer: The short run Phillips curve intersects the long run Phillips curve.
Explanation: The Phillips curve states that unemployment and inflation have an inverse relationship. This means that they move in opposite directions, I.e. If inflation increases then unemployment decreases and vice versa.
In the graph attached the short run Phillips curve is L - shaped and shows the inverse relationship between both variables initially. The long run Phillips curve is a vertical line, and shows that unemployment rate remains steady regardless of inflation rate, in the long term. Where these 2 lines intersect is where actual inflation and expected inflation are the same.
Answer:
cultural Business blunder
Explanation:
from the question, we are informed about instance of Branley Before going on his first business trip to China, Bradley asked his Chinese American friend to advise him on customs and values common among the Chinese businesspeople he will likely encounter. In this case Bradley is trying to avoid cultural business blunder.
cultural blunders can be regarded as blunders that occured as a result of
inappropriate use of language among businesses when international professional are communicating or relying with each other, the misunderstanding can result in business failures and other lost. The blunder could be from the business ad as well as product names
I think that "increased earnings" is the economic variable and "level of education" is the education variable in using to evaluate how much a higher level of education can help a person to increase his/her income and be in a better economic position.
Answer:
The correct answer is the option: <u><em>decide on the ''4Ps'' of the marketing strategy</em></u>.
Explanation:
To begin with, in marketing the managers can classify the science in two main fields, one is the <em>strategic marketing</em> and the other is the <em>operational marketing</em>. Moreover, the first one focuses on the goals of the company at the long run while the second one focuses on the tasks at the short run.
Secondly, the term <em>segmentation</em> refers to <em>select a group of target customers to whom the product will be focus on</em>, therefore that this type of strategy is part of the strategic marketing at the long run. Furthermore, to continue from there, <em>the next step is involved in the operational marketing and is to decide the ''4Ps''</em> of the strategic and that is: Product, Price, Place and Promotion.