Answer:
d. the complex set of ideologies, symbols, and core values that are shared throughout the firm.
Explanation:
As a member of the Federal Reserve Board, in an inflationary situation I would suggest a change in the federal funds rate that would be accomplished by raising the base interest rate of the US economy. This would make bonds more attractive and people would stop consuming to invest in public debt securities. In addition, raising interest rates would discourage credit, causing banks to lend less. Since inflation is a monetary phenomenon caused by the excess of currency in circulation, these measures would have a downward effect on inflation, as they reduce the amount of money in circulation in the economy.
Answer:
Price elasticity of demand for Adam=0
Price elasticity of demand for Barb=1
Explanation:
Price elasticity of demand = %age change in demanded QTY / %age change in demanded price
The price is not important for Adam, and he demands a fixed quantity, hence his demand curve is vertical. A perfectly vertical demand curve is can inelastic demand curve and has price elasticity =0
The quantity is not important for Barb, and he demands a fixed price, hence his demand curve is horizontal. A perfectly horizontal demand curve is has price elasticity =1
<h2>More expensive products are better</h2>
Explanation:
According to psychological theory, whenever a customer sees a branded item, the next immediate thing that comes to his/her mind is the price and quality.
According to the customers point of view, a branded item will possess a good quality but the cost will be little higher when compared to the non-branded items.
So higher the price, customer feels that higher the quality.
All the other options feel right sometime but option 1 is the right answer.
Answer: Internet
Explanation:
Online advertising helps organizations find the right audience as the ones who are really interested in the products that are being sadvertised are targeted.
Internet advertising tools such as, social media, display ad and video ads helps the task of reaching ones target audience easier. This can enhance strong relationships with ones customers create a more interactive approach to advertising.
