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Anvisha [2.4K]
3 years ago
7

Alesha is looking for her first job as a marketing manager for a retailing company. When a recruiter asks her whether she has th

e technical skills for the job, what is he referring to?
Social Studies
1 answer:
Reil [10]3 years ago
8 0

The recruiter is referring to technical skills like Database querying, Modeling, Basic understanding of statistics, Front-end development, Marketing automation, budget development.

<u>Explanation: </u>

Database querying: Ability to answer the questions about customer and prospects behavior on their own.

Modeling: The key technical data in understanding how to collect the data, chart it, visualizing the progression of marketing efforts and communicate them to stakeholders. Ability to create a data model and deciding with the created data.

understanding of statistics: analysis of the data collected by them by statistical significance, cohort analysis, etc.

Front-end development: The knowledge of understanding the basics of HTML, Java scripts, CSS.

Marketing automation: To become a successful marketer one should be able to adapt to use the automation tools in preparing their personalized emails that may increase the sales by a minimum of 20%.

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First of all, a <em>supply curve</em> is a chart in Economy that shows us the relation between Price and Quantity of a certain good or service. Several factors may cause this curve to shift to the left or right, e.g.: An increase of customers' purchase power, the decrease of the need for a certain product by the population, and so on...

a. Resource prices rise is another example, and would cause the supply curve to shift to the left. As with it, the final price of the products that depend on this given resource for their production, would rise, hence causing their buyers to purchase fewer quantities of them.

b. If a quota is placed on a good, it would also cause this good's final price to rise, hence causing the consumers to buy less, hence shifting the curve to the left as well.

<em>Note: </em>Of course, these are assuming that the goods in question are <em>non-essential </em>goods. That is, people may choose to buy less of them. In case of essential goods (like toilet paper, or electric power for example), people would still consume it regardless of changes in price! And in that case, the curve would stay still, or even shift slightly to the right, upon a price rise.

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