Answer:
d. Is an acceptable strategy once a need has been identified and a suitable product has been selected.
Explanation:
A face to face selling of a product directly to business is one of the best example of personal selling e.g. cars, photocopier, office equipment etc.
Answer:
People often use the terms free enterprise, free market, or capitalism to describe the economic system of the United States. A free enterprise economy has five important characteristics. They are: economic freedom, voluntary (willing) exchange, private property rights, the profit motive, and competition
Explanation:
People often use the terms free enterprise, free market, or capitalism to describe the economic system of the United States. A free enterprise economy has five important characteristics. They are: economic freedom, voluntary (willing) exchange, private property rights, the profit motive, and competition
Answer:
The correct option is B
Explanation:
The short-run supply curve is the curve which shows or represent the marginal cost curve portion and that lies or stated above the average variable cost curve.
And when the prices of market increases, then the firm or organization will supply more of its products as per the law of supply.
So, the short-run supply curve represents the supplied quantity through all the firms in the market at each price but when every firm will plant and the number of firms will remain the same.
Answer and explanation:
Several effects could result in not following legal mandates for an organization. Lawsuits, penalties and fines, a decrease in reputation, and loss of opportunities are the most immediate. However, even if those consequences are obvious, some companies surpass legal regulations to avoid expenses that could reduce their revenue.
