<span>This is very true. Business-to-Business markets heavily rely on internet marketing and using internet vendors to procure goods and services. This allows for faster transaction times and more ease in getting what is needed to keep a business competitive in today's climate.</span>
Answer: High need for affiliation
Explanation:
According to McClellands acquired-needs theory, the high need for affiliation is the seeking of social approval and the satisfaction of one's personal relationship.
If one is preoccupied about how he is perceived by others, the person has a high need for affiliation. The high need for affiliation may not be most efficient for managers because at times managers will have to make decisions which will make people resent the manager. Such managers prefer work that provides for social approval and enhances personal relationships.
Answer:
A) Country 1's PPF lies further to the right than country 2's PPF.
Explanation:
Production Possibility Curve shows the combination of two goods, that an economy can produce - by utilising given resources & technology best efficiently.
If country 1 produces twice the output of both goods compared to country 2. Then, country 1's PPF would lie further to the right than country 2's PPF. As, more quantities implies rightward shifted PPC, signifying more quantities of goods that can be produced.
Efficient or inefficient production leads to production inside or on PPC, doesn't shift PPC. Population change is also irrelevant in this case.
Answer:
The answer is A.
Explanation:
Price discrimination is a pricing policy where different customers are charged or priced at different prices for the same goods or services.
Price discrimination include can be based on age, occupation, location etc. For example, based on location: customers in estates might be charged higher than a customer that live im Ghetto for the same product.
We have three types of price discrimination:
First-degree price decrimination
Second-degree price decriminatiom
Third-degree price discrimination