<span>An SFB is a small finance bank. A small finance bank differs from a commercial bank in the objectives and services they offer. Small finance banks can only accept deposits and lend to people who typically won't be served by bigger commercial banks. This can include people like small time farmers, unorganized workers, and really small businesses, etc. SFB allowed means that whatever real estate company or person you're working with accepts the use of this bank.</span>
Answer:
Design a FB page and other social media (YT, LinkedIn, etc.) for Decorators Inc. and establish some type of sales promotion for people who like them, e.g. offer discounts.
Explanation:
Young professional use social media a lot and they usually have budget constraints, therefore offering a discount can be very useful.
Answer: Option (B)
Explanation:
Here, from the given option we can state that direct marketing is the correct option. Direct marketing is referred to as the type of communicating a proposal, under which an organizations tends to communicate straight to the pre-selected consumer and thus further supply the method or technique for the direct answer.
Answer:
-0.2; less elastic to price
Explanation:
Given that,
Percentage change in the price of gasoline = 5%
Percentage change in the quantity demanded = 1%
Therefore, the price elasticity of demand is as follows:
= Percentage change in the quantity demanded ÷ Percentage change in the price of gasoline
= (-1) ÷ 5
= -0.2
Hence, the demand for gasoline is less elastic to price because higher percentage change in prices will lead to lower percentage change in the quantity demanded.
The trend this business is following is necessities, since those are things we need.
