In Marketing, promotion refers to any type of marketing communication used to inform or persuade target audiences of the relative merits of a product, service, brand, or issue. The aim of promotion is to increase awareness, creat interest, generate sales, or create brand loyalty. So yes, promotion would involve trying to get a message across to a potential customer.
Answer: True
Answer:
The correct answer is: profit-oriented pricing.
Explanation:
Profit-oriented pricing is set by companies after determining the production of total costs per unit of the goods offered. After that, the profit is established typically as a percentage of the costs incurred. The problem with this method of costing is that the sum of the costs and the profit margin can result in a price that is higher than the average for the product.
Even worse, competitors may take advantage of that scenario to lower their prices to drag more consumers away from the profit-oriented pricing entity.
Answer:
1. Slow Production - 5. Control Standards
2. Unfriendly Attendants - 4. Feedback
3. Oak trees and Labour - 1. Input
4. New Training Program - 2. Transformation
5. Oak Furniture - 3. Output
Cheers!
Answer:
External cost
Explanation:
External cost is a cost that is gotten from any economic transaction, in which the person or entity bearing the cost is not directly involved in. They are also known as spill over costs. The offensive odor in the question has generated an external cost at different locations from the site, the cost of rent differs. External costs usually have negative effects, from our question we can see that the odor from the landfill site must be intolerable for people residing in the area.
