Answer: Option B
Explanation: In simple words, cost cutting refers to the process in which an organisation modifies or re- implement its production and distribution process with the sole object of reducing the cost of production.
By reducing the cost of production an organisation can charge low prices for the product in the market and attract more customers. Although this process sounds straight but it is not easy for the firms orating at small level.
Large firms can easily cut their cost without affecting quality as they have huge scale of operations and they purchase inputs at a high volume which makes them applicable for particular discounts.
Thus, from the above we can conclude that the correct option is B.
Answer:
e. reinforcement
Explanation:
Reinforcement advertising is a type of product advertising that aims to reassure the customer he/she is doing the right thing by purchasing or consuming the product.
In this example, Campbell's soup is promised to be the right choice, given that your family has already used it, meaning it is tested and tried by people closest to you. This brings <u>extreme relevance to the advertising message and reinforces your choice</u> to buy this particular brand,
The crowding-out effect is such that additional government borrowing to finance a larger deficit will increase the demand for loanable funds, causing real interest rates to rise.
<h3>What is the crowding-out effect?</h3>
The crowing-out effect refers to when the government borrows so much money that they make it hard for businesses to borrow and invest in new projects.
This happens because the government borrowing will decrease the amount of funds that can be borrowed in the market which will lead to higher interest rates for the remaining funds.
Find out more on crowding out at brainly.com/question/995089.
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Answer:
penetration pricing and skimming pricing
