Answer:
Excite
Explanation:
Excite
The 4 E framework
New framework for marketing communications with social media, can now be framed with the 4 E framework:
EXCITE customers with relevant offers
EDUCATE them about offering
Help consumers EXPERIENCE products, directly / indirectly
ENGAGE with them on a common platform.
Answer:
B. In the long run, a change in the nominal exchange rate brings an equivalent change in the real exchange rate.
Explanation:
As we know that in the short run there is a decline in the nominal exchange that results in a decrease of real exchange rate due to which there is a reduction of the import and the export is risen.
But in the case of the long run, if there is a change in the nominal exchange rate so the real exchange rate would remain the same
This results that if there is a change in the nominal exchange rate so it would not bring the equal change in the real exchange rate
Hence, option B is incorrect
Answer:
Promissory estoppel is the legal principle that a promise is enforceable by law
Explanation:
Answer:
Trade-off analysis <em>is a group of methods that calculate the preferences of respondents of different product attributes (usually including price). </em>
To calculate consumer preferences, understand how price changes influence product or service demand, and predict a product's likely acceptance when brought to market.
The benefits are calculated indirectly in certain situations.
They are one of marketing research's most commonly used quantitative methods.
Answer:
scarcity.
Explanation:
Scarcity can be defined as an economical problem that gives the relationship between non-renewable (limited) resources and the limitless wants and needs of consumers.
Basically, it's very important that producers of goods and services make decisions that would help them on how to efficiently allocate scarce or limited resources, in order to meet the unending requirements, wants and needs of consumers.
In Economics, an example of scarcity is that most of the resources used for the manufacturing of finished goods and services are nonrenewable, and as a result, the wants and needs of the end users or consumers are limited. Thus, economists would advise that economies should decide on what to produce, how to produce, when to produce and for whom to produce due to the finite and limited nature of resources i.e the concept of scarcity.
