These is a major advantage of a market economy is it can change direction rapidly when needed as markets change. Thus second option is correct.
<h3>What is Market Economy?</h3>
Market Economy refers to the economy in which the prices of the goods and services are determined by the two market forces that are supply and demand.
There is a less control of the government in the market economy and therefore all the decisions are taken by the private individuals. Thus option 1st is incorrect.
The Prices of the goods and services are determined by the supply and demand forces and the prices are kept as per the affordability of the customers. Thus option 3rd is also incorrect.
Therefore the correct option is 2nd one as the market changes the price of the good and services are also effected and get changed.
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Answer:
Investment assets.
Explanation:
Investment assets are assets that you purchase for the purpose of accumulating wealth to satisfy your financial goals. Investment assets are assets acquired by an individual or corporation for the main purpose of leaving it for i.e.over a long period of time for it for appreciate in value. This process of accumulation of wealth satisfies the investor financial goals hence, the name Investment assets.
Answer:
I gain a lots of knowledge in my present job. I even have advanced skills like company statement, shopper treatment, team expansion, creative thinking and improvement, people's administration abilities, intervention abilities, inducement abilities, management abilities etc.
I repeatedly try and be clear and virtuously impelled whereas addressing my group supporters. I continually discourse them the weather of import classification like reality, trustworthiness, esteem, fairness, impartiality etc. It conjures up them to perform and act during a sensible way. I even have requested my senior to give me guidance in any difficult task. In case, any fast decision are going to be taken then I accustomed strictly revised the doable outcomes. I think to be clear, virtuous, trustworthy, responsible and authentic in my each endeavor. I utilized to varied data offered over net and web primarily based technology to boost my data, skills and skills. I even have given open proposition also as dormant choice to individuals so they will give their valued response to Pine Tree State. I used varied software system and imitation games to require vital call and analysis for the association.
Answer:
<em>D. Frequency marketing program</em>
Explanation:
Frequency Marketing <em>is a marketing strategy used to attract and maintain long-term consumers. Frequency marketing covers activities such as daily interval ads, offering loyal consumers discounts, planning events.</em>
As the term indicates, to keep their clients, this form of marketing plan needs to be conducted out at regular intervals. Frequent marketing is a great instrument for ensuring consumer preservation.
This is an established fact that an existing customer provides a business with more profits than a prospective customer, i.e. the sum of money and income generated by an existing customer is more than that generated by a potential customer.
Answer:
The way toward changing the requirements of the client into item plan and assembling is called item improvement. There are hardly any associations who include in the acquisition of the item during the procedure of item advancement and after the procedure of item improvement. Each approach has its own upsides and downsides.
Advantages
- Associations that buy the item during the procedure of item advancement can be effectively engaged with the way toward understanding the item improvement and their needs.
- The association can likewise imaginatively be engaged with the quest for item improvement.
- It will likewise be valuable for the association to assess the advantage of the item to the association and comprehend its dynamic contribution.
- The association can get the rebate on the acquisition of the item as it is the underlying procedure of item advancement.
Disadvantages
- It is anything but difficult to lose center around understanding the item and assess it appropriately as it isn't completely evolved.
- It is hard to assess any elective arrangement on the off chance that the acquisition of the item comes up short and it isn't effective or satisfactory for the association.
- The acquisition of the item during the item advancement stage doesn't give the chance to hazard shirking.
- There are significant expenses associated with the item speculation due to earlier responsibility and buy to the item during the improvement stage.
The advantages and disadvantages of buying the item after the improvement in the item are as per the following
Advantages
- It helps in planning of innovative work as the item is bought after the advancement stage.
- It gives sufficient opportunity to haggle for estimating as the item is bought after the improvement procedure.
- It gives sufficient time to assess the dangers and advantages with the item as it is completely evolved. It assists with assessing the item totally and comprehend its bit of leeway and hindrance for the association.
- It gives space to pick elective arrangements if there is an inability to convey the item or postponement in the advancement of the item.
Disadvantages
- It probably won't give a reasonable arrangement to the item as it gave after improvement.
- The association will pass up the underlying significant period of the item improvement.
