Scarcity exists because people's wants for goods and services are greater than the number of products that can be made from available resources
Answer:
core competency
Explanation:
A core competency is a concept in management theory introduced by C. K. Prahalad and Gary Hamel. It can be defined as "a harmonized combination of multiple resources and skills that distinguish a firm in the marketplace" and therefore are the foundation of companies' competitiveness.
Answer:
Her business will have a competitive presence with similar businesses during searches
Explanation:
Google search campaign refers to a form of online advertising wherein an advertisement is displayed in the search listings. It refers to advertisements getting displayed in google search results.
A company or the advertiser may choose a keyword for itself which shall initiate the search and displays it's advertisement.
In the given case, the marketing in charge is planning to launch such an advertisement campaign.
Such a strategy would place her business in contention and competition with similar other businesses during the searches. This shall keep and maintain her business presence felt and active during the searches.
Answer:
I. Retail industry
ii. 7%
Explanation:
Retail industry is the second largest employers of teen and young people next to health sector which is the largest employer.
Retailing involves buying goods either from the producers or wholesaler and selling them to the final consumers. Some services are also offered in these retailing such as call center representative, those who work in innovation lab. etc
In the United States, about 7% of teens and young people are in the employment of government , while retail industry is the largest employer of teen and young people because it provides flexibility and also do not involve much academic qualifications.
Example of these retail jobs are those who work in call center, sales representatives and those who works in stores.
Answer :
. a proposed firm's goals, strategy for achieving them, and standards for measuring success.
Explanation:
A business plan is a proposed firm's goals, strategy for achieving them, and standards for measuring success.
The business plan outlines how the firm will meet it set goals and objectives and the strategy it will use in achieving them. It must also include how the firm will measure it's success.
It is a written orderly statement of the firm's goals ,methods of achieving the set goals and how it will measure its achievement.
Business plan gives the organisation a sense of purpose.
