False it is not a true statement.
The after sales services are included in the product category of market mix. Option C
<u>Explanation:
</u>
The set of ideas or actions taken by a business entity or a company to promote its product or brand in the market. The four P’s of marketing mix are namely,
- Product - The end product that is offered for sale.
- Price – The value set for the finished good for selling.
- Place – Direct or indirect markets.
- Promotion – Public relations, advertising, etc.,
From the given, discounts comes under pricing, product image used in advertising comes under promotion and substitute goods belong to a different topic. After-sales services comes under the service branch of the product category.
Although the focus vision is the one responsible for the targeting function, it is the central vision that allows the viewing of the line of sight to the target area. It is the central vision that allows a relative focus for mid distances and blurring of what's around. It is important on a motorway, for example, as what's ahead is the most important once there isn't people or very busy areas around.
Answer: C) an annualized salary, wage or incentive payment structure and a range of benefits.
Explanation: Employee compensation is the payment given to workers when they have a job.
A is wrong because there are more ways to pay someone. For example, benefits.
B is wrong because hourly workers are considered employees.
This leaves C as the only answer left. Some examples of benefits are child care and health care.
This is an example of "Equilibrium in business"
<u>Explanation:</u>
Equilibrium is the state of balance between market supply and demand, and as a consequence, prices are stable. Over-supply of goods or services generally causes prices to fall, leading to higher demand. The offers and demand balance effect results in a stable state. Here as Denny have good retail distribution network which allow him to supply across city and maintain lower price due to good availability of ice creams. For Denny reaching to the customers was easy via vans, thus his ice-creams had lower price.
