Wage employment is Someone who works as a salaried employee earning a set amount of money each week. They may be paid weekly, bi-weekly or monthly. Self employment is someone who is Self-employed is an individual whoworks for himself instead of working for an employer that pays a salary or a wage.
Answer:
False
Explanation:
Perishable goods need to have fewer days of supply owing to their nature, as high days of supply might caause more spoilage and lead to higher inventory cost.
Answer:
The answer is Place. Option E.
Explanation:
In the marketing mix which constitutes; product, promotion, price, and place, the process of moving products from the point of production to the point(s) where the customers can access them is called place.
Put simply, it is the way in which a manufacturer's product is bought and where it is bought. This movement of products could be achieved through the use of one or a combination of the following intermediaries:
- Distributors,
- Wholesalers, and
- Retailers.
Therefore, the creative locations in the scenario above represent the marketing mix dimension of place, because it is the effort of Starbucks to make its product available to its customers at different locations.
As a result of Consumer Confidence Index rising, spending in the economy will increase and aggregate demand will rise.
Consumer Confidence Index (CCI) refers to how optimistic people are about their finances. When the CCI is high:
- People are more confident in their finances and the ability to make income in future
- People will spend more in the economy because they are more confident in their income
- Aggregate demand will rise as more people demand goods and services
If the CNN is correct in reporting that the CCI is rising, we can expect that spending in the economy will rise and so will aggregate demand.
In conclusion, spending in the economy will increase and aggregate demand will rise.
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