Other than directly observing the market most companies get their market research from newspaper advertorials and trusted research vendors .
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Newspaper advertorials </h3>
An advertorial is a form of advertisement in a newspaper, magazine or a website which involves giving information about the product in the form of an article. Usually, a brand pays the publisher for such an article.
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Trusted research vendors </h3>
A market research vendor can provide insights on the best research design for your needs, based on years of experience. They may also have research panels to help you access your target audience most economically and experienced people to conduct interviews or focus groups.
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Answer:
a) If bribes cost $1,000 each, how much will a housing inspector make each year in bribes?
So, if the corrupt inspector approves two newly built structures each week, ti means that he is bribed twice per week. There are 52 weeks in a year, so he gets a total of 104 bribes (52 x 2). If each bribe costs $1,000, then he makes a total of: $1,000 x 104 = $104,000 in bribes per year.
c) Corrupt officials may have an incentive to reduce the provision of government services to help line their own pockets.
This statement is true. Corrupt officials will want to have private companies they can obtain bribes from provide government services. It increases the probability of them making money from bribes.
d) What if reducing the number of inspectors from 20 to 10 only increased the equilibrium bribe from $1,000 to $1,500?
Reducing the number of inspectors in hafl means that each inspector now gets twice the bribes. Because the equilibrium price did not double as did the quantity of bribes, each inspector will make less money than expected, but they will still the incentive to collect all the four bribes per week.
A manager who tells a subordinate that he will not recommend her for promotion unless she supports his proposal in an upcoming sales meeting is using Coercion type of political behavior.
<h3>What is Coercion behaviour?</h3>
- Coercion is the use of threats, especially physical threats, to induce an unwilling action from a party.
- It entails a series of coercive behaviors that go against an individual's free will in an effort to elicit the desired response.
- Extortion, blackmail, or even torture and sexual assault are examples of these activities.
- Coercion occurs when someone is threatened with violence if they refuse to sign a contract.
Elements of Coercive Practices Proof
- Damaging, endangering, or threatening to harm.
- Both directly and indirectly.
- Any party or that party's property.
- Unfairly sway a party's course of action.
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