Answer:
1. Benefits Of Regional Economic Integration
2. Enhanced political cooperation. Several nations usually have a much larger political influence as compared to the influence that each individual country would have.
3. Creates trade. Member countries in a regional economic integration agreement have a wider choice of services and goods that were previously unavailable.
<em>4. Employment prospects. </em>
Explanation:
The benefits of regional integration can easily identify. There are economic benefits such as additional trade, improved quality, increased imports and exports, high-quality international relations and an integrated market. Regional integration can enhance the general quality of life for the citizens of those states.
Answer:
benefit segmentation (behavioral segmentation) dividing the market into segments according to the different benefits that consumers seek from the product.
Explanation:
The answer is functional.
Functional groups in working context, means a group of people that are categorized by their work function – or more specifically the specialized work field that they are responsible for.
This is apparent in the example, with classifications such as accounting department and customer service department. Other examples would be marketing department and research & development department.
Answer:
C) Job specialization
Explanation:
Job specialization defines that who is specialist for a particular field or subject. It shows expertise in a specific sector like finance, operation, Sales manager, customer service, delivery boy, human resource. etc. It indicates talent, skills, competencies of a particular person.
Therefore in the given scenario Jason who is serving the potato fries, a burger, and a roll shows the expertise in his field and that is called Job specialization.
Elastic demand that can also be called demand elasticity refers to how responsive the demand for this brand of apple juice is by change of prices and consumer income. if they sell out a higher amount of apple juice from customers than usual, then they’d probably sell it for a higher price.
