Answer:
The answer is quantified and measurable.
Explanation:
Goals need to be quantified and measurable in effective marketing planning. To determine what needs to be accomplished and when, we must put figures to it. This makes performance measurement easier where variances at the end can be analysed.
For example, one of the marketing goals for bank A might be to onboard 100 new customers every month for a year after the launching of its new mobile app.
This example is quantified and can be measured every month.
Answer:
On the short run, most factors of production are fixed since both wages and prices are sticky, but on the long run, all the factors of production are variable. So firms cannot decide which factors to keep fixed or not, they simply are fixed or not.
A variable factor of production is one whose input level can change in the short run, e.g. a company can extend working hours from the regular 8 hours a day to 10 hours per day.
A fixed factor is one whose input level cannot be changed in the short run, e.g. it takes several months or even years to build a new production facility, lease contracts usually last 3-5 years.
Answer:
Monopolist can charge a higher price from women.
Explanation:
A monopolist is producing 100,000 units of a product.
The price of the product is $5 per unit.
The price elasticity of demand for men at this price is -3.5.
The price elasticity for women, on the other hand, is -0.8.
This means that the men have a relatively elastic demand for the product. While on the other hand, women have relatively inelastic demand. This implies that if the price is increased the demand from women will not change by a greater proportion.
While demand from men can change to a greater proportion because of a change in price.
In this situation, the firm can charge a higher price from women. This is an example of third-degree price discrimination.
Answer:
hiring from within
Explanation:
The company looks for internal candidates that exhibit leadership skills and qualities. This type of practice motivates employees and shows there is an opportunity for growth from within the company.
Answer:
Don't ask this "How long do I have to work before I get a raise?"
Explanation:
very unprofessional and try the job before you ask this .
