Answer:
The first and foremost step is the determine the budget and also to identify the goals and the strategy.
Explanation:
In order to develop and implement or execute the social media marketing campaign or plan one need to follow the following six essential or vital steps:
Step 1: Decide or Determine the Objective and Budget
Step 2: Identify or recognize the Target Audience
Step 3: Create the Message
Step 4: Develop or spread the Media Strategy
Step 5: Implement or execute the Marketing Campaign
Step 6: Last step is to measure and analyze the Results or outcomes
Therefore, the first step is to decide the goals and the budget.
The answer that best complete the blank provided above is the term CANNIBALIZATION. Product cannibalization happens when a new product that is being introduced by the same producer, eats up the sales of the other products that exist in the same market resulting in the decrease of the overall sales.
Answer:
Substitutes
Explanation: A Substitute is a term used to describe a replacement for another,it is used to describe two or more items or materials or things that perform similar Activities and roles.
BOTH THE HUMAN WORKERS AND ROBOTS CAN BOTH BE ENGAGED TO ATTACH THE PARTS,WHICH MEANS IN THE ABSENCE OF ONE THE OTHER CAN CARRY OUT THE RESPONSIBILITY OF THAT ONE.
Answer:
The marginal utility of the fourth plate is zero or below zero
Explanation:
The reason is that the law of diminishing marginal utility says that the marginal utility of a product declines upon continuous consumption of that item. This means that the utility before the consumption of first buffet was high and when the second buffet was consumed by the same person the utility was further reduced and so on. This means that the utility must be positive which if is higher enough then the customer is will to pay and eat the buffet again. If it is zero or below zero the customer is not willing to pay for the buffet. This is the reason the person doesn't ordered the item again.
You can not eat the same buffet for all the 365 days. This means the taste of a tasty food fades away after some time or I would say that the utility is gone. Same is the case when you will keep using cellphone for a period and then sell it or dispose it because the item doesn't entertains you or in other words the utility has significantly fallen and is almost zero or below zero.
