The analysis of past sales and interpretation of cost information are important in evaluating performance and providing useful facts for future planning. All these activities rely on marketing information and a rigorous marketing research process to produce insights managers can trust and act on.
Answer:
The correct answer is "unsought"
Explanation:
Unsought goods are products or services that consumers don´t have any knowledge about it. Sometimes the customer doesn´t find it useful and thinks that it is a waste of money and time.
The classic examples of unsought goods are encyclopedias, funeral services, reference books.
Answer: False
It seems very unlikely that a blind person would go door to door to ask for help.
Answer:
Unless the company is 100% certain that it can prove Jim's misdeeds and has all the evidence to support their accusation, they should have waited for the police to act first before going to the newspaper. If their is the minimum chance that they cannot prove their accusations, Jim might be able to sue them for libel.
Answer:
B. Wages tend to be inflexible downward
Explanation:
Wages are flexible if they react to changes in demand and supply. Profitability determines demand and supply level for wages. Flexibility in wages means that If the economy is performing well, companies should compensate their employees better.
Wage inflexibility implies that wages will not respond to changes in demand and supply. Wages do not rise or fall if the marginal productivity of labor increases or decreases. Wage contracts are agreements that tend to set compensation for workers regardless of their output. Minimum wage is a regulatory requirement that demands workers not to be paid below a set rate. Wage efficiency recommends higher than market rate compensation to motivate productivity.
The three factors do not advocate for wages to be pegged on productivity.
