Incomplete question. I inferred you want to know if it is true or false.
Answer:
<u>True</u>
Explanation:
This term is often used in research by researchers to explain the reason for the hypotheses and conclusions made their work, etc. In other words, the <u>conceptual framework</u> paints a clearer/overall explanation of an idea.
For example, if an invention is made of a Car that uses water as fuel; such an invention must have a conceptual framework document explaining the idea behind that.
A few of the following can be considered major factors in failure of small businesses:
-Lack of financial planning: when a business is born it needs to critically plan out the first few years of running. Small business often fail to plan out for the future and have less working capital at hand.
-Lack of expertise: small business cannot afford specialist managers and this may be a reason for failure
-no investment in marketing and research can also be a reason.
A pricing objective where products have a high price and appeal to status-conscious consumers is called prestige product
Prestige is defined as widespread respect, admiration, or recognition. An example of fame comes when you are elected to a coveted position on the board of directors of a highly thought-out corporate organization. high reputation; veneration; Their achievements have given the university much prestige.
Prestige pricing convinces customers that they are worth the cost and gives companies a psychological marketing advantage by using the buyer's assumption that a brand's products are of higher quality than those of its competitors.
A pricing strategy that sets a higher price, recognizing that buyers associate higher prices with superior quality of a product, rather than lower prices driving sales. Also called photo price.
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Answer:
utility satisfaction
Explanation:
In simple words, the principle of utility satisfaction states that each and every customer have their own preferences and choice thus their utility satisfaction constraints are different.
In the given case, if the volume of the product is same in both the bundles then the nature of the product that provides more utility to the customer will be chosen by him or her.