I believe the answer is: it is an asset that adds value to a service
Brand equity refers to the positive perception that the consumers have towards our brand. This considered as an asset because brand equity is strongly correlated with consumers loyalty. It creates the perception that our brand would always had a certain level of Superiority compared to other brands regardless whether their assumptions is correct or not.
Answer:
The correct phrase for the blank space is: creative problem solver.
Explanation:
Companies have to adapt to their customers to attract more of them, moreover, when the institutions have a presence in different regions worldwide. In such scenarios, they have to act as creative problem-solvers to adjust what the consumer desire and what the institution has projected to offer.
Firms must conduct different market research to gather more information on their target market and should study the resources it counts on to satisfy those individuals' expectations.
Answer:
$50
Explanation:
If the required reserves are 5%, then the money multiplier = 1 / 5% = 20. If the FED wants to increase the money supply by $1,000, then it needs to initially inject $1,000 / 20 = $50 into the economy.
When the FED wants to increase the money supply, it engages in an expansionary monetary policy. If it wants to decrease the money supply, then it will engage in a contractionary monetary policy.
