Answer:
Advertising goes to Copywriter, designer, media buyer.
Hospitality goes to Chef, spa operator, hotel manager.
Insurance goes to Underwriter, claims processor, agent.
Answer:
d. The demand for any individual brand is less elastic than industry aggregate demand
Explanation:
A consumer will change brand before leaving the market
as considering the consumer wants to maximize their utility it will always consume for that goal as the bran is a premium which provides utility as the price of that particular brand cuts form their competitors it will make the demad more elastic as i is cheaper to move toother suppliers
Answer:
TRUE
Explanation:
It is true that a customs union differs from a free trade area because it allows for removal of barriers to the trade of goods and services among member countries. adoption of a common external trade policy. mobility of factors of production among member countries. harmonization of tax rates of member countries. adoption of a common monetary and fiscal policy among member countries.
A customs union is an agreement between two or more neighboring countries <u>to remove trade barriers,</u> reduce or abolish customs duty.
A customs union comprises a group of countries that agree to:
Abolish tariffs and quotas between member nations <u>to encourage free movement of goods and services.
</u>
<em>In the case of Free Trade Area, what is most likely is a </em><em><u>reduction of tariffs</u></em><em> but in a Customs union, what is certain is a </em><em><u>removal of tariffs</u></em>
<em />
Answer:
The correct answer is letter "D": ethics.
Explanation:
Corporate ethical behavior refers to the good practices and values a company has that lead them to act according to what is conceived as correct. Most companies summarize their ethical guidelines in a <em>Code of Ethics</em> that represents the handbook of the behavior the company pursues to perform and expects from employees.
Thus, <em>the company commercializing new drugs without the approval of the Food and Drug Administration (FDA) has taken a mistaken ethical decision since the firm is prioritizing the recovery of the funds invested in Research and Development (R&D) instead of securing patients' health.</em>