"The marketing reasoning by which the business unit aspires to attain its marketing objectives," according to Kotler et al., is the definition of marketing strategy.
<h3>What is business ?</h3>
An organization or enterprising entity engaging in commercial, industrial, or professional activity is referred to as a business. Businesses can be for-profit corporations or charitable institutions. Limited liability firms, sole proprietorships, corporations, and partnerships are among the several types of businesses.
A business purpose reveals the driving force behind a company's establishment. It describes the company's objectives as well as what makes it unique. A mission statement and a value statement are both much longer than a company purpose.
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Answer:
Sell securities in the open market.
Increase discount rate.
Increase required reserve ratio.
Explanation:
Apart from interest on reserves the other tools that the Fed can use to control money supply are open market operations, discount rate, and required reserve ratio.
In order to reduce inflationary pressures, the fed needs to reduce the money supply in the economy. For this, the fed needs to sell government securities in the open market. This will reduce the reserves with reserves and their credit creation power. As a result, the money supply will get reduced as well.
Other than that the fed increase the discount rate, this will make borrowing from feds expensive for the commercial banks. This will also help in reducing the money supply as the bank's reserve will get reduced.
The fed can also increase the required reserve ratio. So the banks will need to keep a greater portion of their total reserves as required reserves. They will be able to create less credit so the money supply will get reduced.
Answer:
Health care,Social assistance,Child care
Answer:
The correct option is C. less; more
Explanation:
Real terms: In real terms, it measured the value in terms of goods and services. Like : GDP, CPI, etc
whereas,
In nominal terms, the value is measured in terms of money that means money transaction is involved in the transaction.
So,
In 1972, the nominal term is less as the job value of 1972 is less than the job value of 2005 by $22,800 ( $30,000 - $7,200)
And, in 2005, the real term is more as the CPI index of 2005 is more than the CPI index of 1972 by 1.262 (1.68 - 0.418)
Hence, the correct option is C. less; more
According to the circular flow model of the economy, a person's job in a shoe factory is within a [Resource] market. Resource market is a market in which the business can buy a resources which is a person that works for them to be able to produce goods and services