Answer:
Which marketing management philosophy focuses on the question, "What do customers want and need?" -do research on its customers, competitors, and markets. -establish and maintain mutually satisfying relationships with customers.
The financial plan is a section of a business plan that is only shared with those who really need to know such as loan officials, lawyers & accountants.
When a treaty is signed between nations to lower tariffs and improve imports, this is a free trade agreement. This is <u>True</u>.
<h3>What is a free trade agreement?</h3><h3 />
Sometimes nations get together and discuss a treaty that will allow for trade to be easier between them.
To this end they will reduce tariffs, and other barriers to trade. This is to encourage free trade between the nations. This treaty is a free trade treaty.
Find out more on barriers to trade at brainly.com/question/1326741.
Answer:
fixed income
Explanation:
During the expansion business cycle, economic activities are on the increase. Key economic indicators such as employment, incomes, business earnings, demand, and supply of goods and services show positive and progressive numbers. During expansion, the GDP growth rate is healthy, and the level of investment is high.
The expansion phase brings along inflationary pressure. At the peak or near the end of the expansion cycle, the inflation rate is always above the optimal level and sometimes in double digits. A high rate of inflation weakens the purchases power of the local currency. Employees on a fixed income will be disadvantaged. Their income will afford them fewer goods and services compared to the period before expansion.
