<span>The
portion of the marketing mix that consists of methods such as
advertising, public relations, and personal selling in order to inform
and persuade customers to buy a product is promotion.
</span><span>Promotion
is advertising a product or brand, generating sales, and creating brand
loyalty. It is one of the four basic elements of the market mix, which
includes the four P's: price, product, promotion, and place.</span>
$3,504,000
Using GRM (Gross Rental Multiplier) to calculate value, simply multiply the estimated rental income by the GRM:
$24,000*146= $3,504,000
Answer:
E
Explanation:
The diamond framework is one of the five major strategic options for entering foreign markets and it is not likely to answer questions on What are the disadvantages of allowing foreign competition?
Answer:
Suppose the production of a good results in positive externalities. The market will tend to <u>overproduce</u> this good and the good's marginal social benefits curve will <u>lie to the left of the good's demand curve.</u>
Explanation:
A positive production externality is the positive effect an activity imposes on an unrelated third party such as the positive effect production activity has on the market.
A positive externality exists if the production and consumption of a good or service benefits a third party not directly involved in the market transaction. For example, education directly benefits the individual and also provides benefits to society as a whole through the provision of more responsible citizens.
