First three together in the first I think
Answer:
. quantity supplied does not equal quantity demanded.
Explanation:
Disequilibrium is a situation where the market price is below or above the intersection point of the demand and supply curve. As a result, the market experiences a shortage or surplus of a product. Therefore, at disequilibrium, the quantity supplied does not match the quantity demanded.
Disequilibrium is the contrast of equilibrium. At equilibrium, supply matches demand, meaning there is no surplus or shortages in the market. If the quantity supplied exceeds quantity demanded, then the market experiences a surplus. Shortage arises if the quantity demanded is more than the quantity supplied.
The answer is false. The role of entrepreneurs is accounted by economic models. They are directly connected with the consumers and have firsthand information about the things that they would like. Entrepreneurs play a big role to ensure that businesses circulate.
Answer: (A) Geo-demographic
Explanation:
The Geo-demographic is basically refers to the market segmentation that is used for classifying the different types of localities or the resident based on the demographic principle and the characteristics.
It is the process of studying regarding the population and also the geographical areas by using the various types of clustering techniques.
According to the given question, the Tapestry is one of the segmentation system that divide the geographical areas into the different types of categories and geographical segmentation is one of the markets research tool that is used in the above given example.
Therefore, Option (A) is correct answer.
Answer: Control process
Explanation:
The control process of the management is one of the concept that helps in measuring, planning, organizing and also implementing the various types of functions in an organization.
The main objective of the control process in the management is that it helps in achieving the organizational goals and handle all the activities of the business such as production and the packaging process.
According to the given question, the control process of the management basically helps in monitoring the various types of performance of the products in an organization and also checking the errors for the purpose of resolving them.
Therefore, Control process is the correct answer.