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Bogdan [553]
3 years ago
11

Americans’ core value of upward mobility (i.e., success will come to anyone who works hard) has greatly influenced the way luxur

y goods are marketed. this phenomenon is an example of a(n) _____ factor.
Business
1 answer:
galina1969 [7]3 years ago
4 0
<span>this phenomenon is an example of a Social factor

in marketing term, social factor is everything that could change people's lifestyle.
As people move toward luxurious lifestyle, they tend to care less about the high price for the product, and care more about the quality, authenticity, and the rarity of the product, so the marketing strategy need to be altered to target these characteristics</span>
You might be interested in
Your company decides to use internal sources for developing new product ideas. Which of the following would not be a common inte
Fed [463]

Answer: (D) Suppliers

Explanation:

 According to the given question, the organization using the various types of internal sources as it helps in developing the various types of new products ideas in the market.

The supplier is one of the common internal source in an organization as it helps the employees for encourage them for developing various types of new ideas and concepts.

The organization basically developing various types of new ideas by the formal research process and also through the development. Therefore, Option (D) is correct answer.

5 0
3 years ago
in which economy below are private owners most concerned with developing wealth? capitalism mixed market socialism communism
vaieri [72.5K]

Private owners' primary aim in capitalism is money creation.

A system of economics referred to as "capitalism" is one that promotes private ownership of the tools of creation, distribution, and exchange in order to generate profit. In this system, the market decides the production and pricing of the goods and services, hence supply and demand dynamics are very important.

An economic system known as capitalism is one in which private individuals own and manage the trade and industries of the economy in order to profit.

What is Capitalism:

Capitalism, which includes both the working class and the capitalist class, supports class differentiation, there is a significant gap between the rich and the poor. On the other hand, communism is opposed to class inequalities in society since it supports a society in which there is no distinction among the rich and the poor.

In a capitalist society, everyone is responsible for generating their own wealth. Contrarily, in communism, wealth is dispersed in accordance with needs and capacity. While there is intense competition between businesses in capitalism, this is not the case in communism, because the government controls the market. While capitalism exists in western nations, socialism is more prevalent in eastern nations.

Learn more about Capitalism:

brainly.com/question/25879591

#SPJ4

4 0
1 year ago
Which non-income factor for a potential job would influence a person who values easy access to entertainment and culture?
Vaselesa [24]

Answer:

C

Explanation:

Do to the rEASON I FOUND ONLINE

4 0
3 years ago
Which event occurs in the large intestine?
OLEGan [10]
The main function of our large intestine is to absorb the water that is present in the insoluble food components we take in and its by-product would be the waste that is excreted from the body as faeces. The large intestine is followed by the anus and is preceded by the small intestine.
7 0
3 years ago
Assuming that the direct materials used are $1880000, compute the total manufacturing costs using the following information.
Scilla [17]

Answer:

D. $3240000.

Explanation:

Particulars                               Amount ($)        Amount ($)

Direct materials used                                          1,880,000

Direct Labor                                                         760,000

<u>Manufacturing Overheads </u>

Factory Utilities                          150,000

Indirect Labor                             50,000

Factory Depreciation                 <u>400,000</u>           <u>600,000</u>

Total Manufacturing cost                                  <u>$3,240,000</u>

6 0
3 years ago
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