Answer:
The answer is the Marketing Manager.
Explanation:
To begin with lets see what are the 5 functional areas of management.
- Production Management
- Human Resource Management
- Office Management
- Marketing Management
- Financial Management
Out of these, the marketing manager must have a clear understanding and an idea about a firm's products and services and those offered by competitors because in the end, he or she is the one who is going to sell the product and make money to the company.
Understanding competition and their products will aid the marketing manager in developing strategic marketing planning to capture a wider share of the market.
Moreover, this will support to identify what sort of changes are required to made in the product to accelerate its selling and growth potential in the future.
Answer:
The correct answer is A
Explanation:
When Fed decreases the money supply in the market, then there prevails the shortage of the money at the prevailing rate of interest. So, the interest rate need to be increased in order to dissuade people from holding the money. Therefore, the households and the firms will sell the treasury bills and other kind of financial assets by decreasing the prices and which lead to increase in the interest rate.
True
Word-of-mouth communication is not only through actually spoken words but occurs through social media as well.
Answer with Explanation:
If the markets are not efficient then there higher probability that the investor can earn from the price fluctuations because the markets are not valuation is different. The investor would be spending money on gaining the benefit of price fluctuations which will be for short term only and he will be acting in time to continuously earn money from the fluctuation.
The investors and financial institutions will master the quantitative analysis and qualitative analysis of the price changes to guess where will be the change going to happen and we must take advantage of it.
The passive investment is the investment which the management intents to hold for a longer period to benefit from it. If the markets are not efficient then it is useless to hold an passive investment. Rather holding a passive investment it would be better to hold an active investment which benefit more as we will be beating the market by price differences. The possession of passive investment is less expensive as apposed to active investments because less fee is charged by the broker. Active investment would be risky investment because we will continuously gaining and loosing money.
The financial advisers opt to creating a portfolio of active and passive investments to lower the unsystematic risk and increase the gain limit to average return.
The question is incomplete, here is the complete question:
Which of the following statements about innovation is true?
a. Innovation is the specific function of entrepreneurship.
b. Innovation is the process by which entrepreneurs consume marketable ideas.
c. Innovation does not involve change.
d. Innovation is the government's responsibility.
Answer:
a. Innovation is the specific function of entrepreneurship.
Explanation:
Innovation refers to developing new ideas, processes or technologies and using this to create a new product or service that will satisfy customer's needs. Also, it is a tool that is used in entrepreneurship to develop new ideas or find a better way to do something and it involves change. According to this, the answer is that the statement that is true is innovation is the specific function of entrepreneurship.
