Example when a person goes to a dentist he use the services of the dentist and returns with a relief. In the process he does not get any physical commodity but still he has consumed a service. Core goods providers provide a significant service component as part of their businesses.
The American Marketing Association defines services marketing as an organisational function and a set of processes for identifying or creating, communicating, and delivering value to customers and for managing customer relationship in a way that benefit the organisation and stake-holders.
Answer:
Negative linear
Explanation:
Negative linear is when two variables move in the opposite direction. Movement by one variable causes the other to move in the opposite direction. Negative linear is similar to an indirect relationship between the variable. For Bungerjoy, the variables are price and sales of hamburgers.
An observation has been made that if the price of hamburgers decreases, the sales increase. Changes in the price of the hamburgers will result in sales moving in the opposite direction. Positive linear correction is when two variables move in the same direction.
Answer:
Business would fire some employees as labor becomes too expensive and the quantity of real GDP supplied would decrease.
Explanation:
According to the sticky wage , when the stickiness enters a market, there is a change in which will be favored over a change in the other direction.
The is the measure of overall level of the prices in an economy.
When the increases, it results in inflation. In an economy, when the aggregate price level increases, and the wage rate remains the same due to the downward wage stickiness, it results in an economy which would fire some of the employees as the labor becomes very expensive and the quantity of the real GDP supplied would also decrease.
The correct answer is - B) a regional organization prompting growth in Southeast Asia.
ASEAN is an organization in Southeast Asia that has as a main goal to promote the growth of the region through collaboration and support between the countries in this region.
This organization has its sights set on a future organization in the manner of the European Union, where there will be a single Southeast Asia market, and the countries will act as a unit.
It is an organization that has ten members, Brunei, Cambodia, Indonesia, Malaysia, Thailand, Vietnam, Laos, Myanmar, Philippines, and Singapore.