The reason why the entry and exit of firms in a purely competitive industry helps to improve resource allocation is because the losses result in exit and release resources to flow to markers where there are profits.
<h3 /><h3>How can the purely competitve market be beneficial?</h3>
Purely competitive industries allow for easy entry and b which leads to many firms coming into the market.
As a result, there is too much supply which leads to losses when prices drop.
As the companies suffering losses leave the market, they then invest in other markets where there are profits thereby reallocating resources.
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Answer:
a. marketing event
Explanation:
Marketing event -
It refers to the process of marketing , where the goods or services are marketed via some promotional events , is referred to as marketing event .
The method involves organizing and conducting for the promotional purpose .
In this method , there is direct interaction with the representative of the particular brand .
Hence , from the given scenario of the question ,
The correct option is a. marketing event .
Answer:
A
Explanation:
The way in which boundaries are managed can affect organisational function. For effective functioning, it is important to set up boundaries to create levels of distinctions and integration.
It is The boundary manager determines how a team can work with others that are interested in how the team performs and they persuade too management to support the teams work.
Answer:
Being On Time.
Respects and Meets Deadlines.
Detail Oriented and Takes Initiative. ...
Supports Peers and is Loyal.
The current disposable income held to buy consumption goods in the future is referred to as saving.
Consumables are goods that are best suited for their end use. In other words, the end-user of consumer goods is the consumer themselves, and capital goods are the goods used to manufacture consumer goods.
Common examples include food, drink, clothing, shoes, and gasoline. Consumer services are usually intangible products or actions that are produced and consumed simultaneously.
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