<span>This will most likely drive down the price of that crop. Price is a function of demand and supply, if a bumper crop leads to much more supply with little change on the demand side, the price of the supply will have to reduce for the market to clear.</span>
Answer:
The fan does not see the relevance of the brand advertisement.
Explanation:
Trust :)
Answer: Justice.
Explanation:
Justice is not being totally applied by Lewis in controlling the marketing department, as he uses different controlling technique for his friends and a harsher control technique for others. For Lewis to be just, he has to apply same controlling techniques for all workers.
Answer: (3) An indirect marketing channel
Explanation:
An indirect marketing channel is one of the type of business process in which the various types of organizations and companies are promoting their products and the services in the market by using the indirect method.
When we using the indirect marketing channel for the purpose of distribution the products in the market it is basically going through some additional type of steps for passing some information related to the products so that the customers are get attracted.
According to the question, the given example of the priceless creations is best illustrating abut an indirect marketing channel. Therefore, Option (3) is correct answer.
Answer:
d) increased competition can harm businesses in developing countries
Explanation:
Globalization has increased interconnection and interdependence among world economies. International trade has increased due to the relaxation of border restrictions. Due to globalization, many countries, including the developing ones, have liberalized their economies.
For a developing economy, international trade can cause unfair competition to their young industries. Countries with developed economies can produced goods and services in large quantities and with more efficiency. When such goods get to the developing countries, they will be of a higher quality and a lower price. Producers in developing countries will not be able to compete with such imports, which impedes their growth.
