Answer:
a. The true cost of something in its cost of opportunity
Explanation:
Opportunity cost is the cost which is defined as the cost or expense of one item which is lost in order to get the opportunity to do or to consume something else. In simple words, it is the value or the cost of the next best available alternative.
So, when the person select to bought the textbooks through Chegg instead paying the higher price for the same books through the bookstore. Under this situation, the principle applies is the cost of something in its opportunity cost.
Answer:
Option D
Explanation:
In simple words, the problem depicted in the given scenario is an example of low knowledge of the target audience. In the given case, the company did everything correct with respect to their procedures, like they made a question are in the local language and distributed to the target audience and collected the survey efficiently.
However while doing the procedure, they were unaware of the fact that their target audience was not literate enough. Hence we can conclude that the correct answer is D.
Answer:
Psychographics is the study of consumers based on their activities, interests, and opinions (AIOs). ... In contrast, a psychographic profile contains information around a person's interests, hobbies, emotional triggers, and lifestyle choices, among other data.
Explanation:
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Answer:
Below:
Explanation:
An extension strategy is a practice used to increase the market share for a given product or service and thus keep it in the maturity phase of the marketing product lifecycle rather than going into decline. Extension strategies include rebranding, price discounting and seeking new markets.
Hope it helps...
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Answer:
Producer
Explanation:
in the free market system, Producer is an entity that turn raw materials or skills to create goods or services and sell it to the market in order to obtain a profit.
Computer businesses are a good example of this.
They bought of various types of materials (such as steel, glass, silica sand, iron ore, gold) and transform it into finished products such as a monitor, processor, Audio board, etc.
Some computer businesses also focus on creating software. Rather than raw materials, they utilize coding skills of their employees to create the product and sell it to the market.
