Answer:It is true that in many organization marketing does not have a place of importance in the organizational hierarchy as spending on marking cuts on their profit making. These firms need no marketing strategies as they are on regional or street or local level. Theses are small business. The customer base of these firms is near by public. These firms don’t work to reach far away customers
Explanation:
Answer:
answer can be seen in the attached file
Explanation:
Consider the game in extensive form above. In the backward induction solution to this game Player 1 plays strategy and Player 2 plays strategy (Please, label Player 1's strategies by A, B, and C, and Player 2's strategies as df, dg, ef, and so forth)
What is Game Theory?
This is a mathematical modelling that deals with the analysis of strategies for dealing with competitive situations where the result of a participant's choice of action depends critically on the actions of other participants. Game theory has been applied to in war, business, and biology, sport.
In Game theory, outcome is dependent on the contributions of competing parties
The commodity is an inferior good.
An inferior good is one for which the quantity demanded decreases when the income of the consumer increases, or one for which the quantity demanded increases when the income of the consumer decreases. In contrast, a normal good is one for which the demand increases when the consumer's income increases.
When using a bcg matrix, a business that currently holds a large market share in a rapidly growing market and has minimal or negative cash flow would be known as a Star.
An astronomical object known as a star is made up of a bright plasma spheroid that is held together by gravity. The Sun is the star that is closest to Earth. Other stars are also visible at night with the unaided eye, but because to their great distances from Earth, they appear as stationary points of light. Many of the brightest stars have names, and the most notable stars have been grouped into constellations and asterisms. Star catalogues have been put out by astronomers that list the known stars and offer standardized stellar labels. An estimated 1022–1024 stars are present in the observable cosmos. Even so, the majority—including all individual stars outside our galaxy, the Milky Way—are invisible to the human eye from Earth.
Learn More About Star:
brainly.com/question/24493066
#SPJ4
Answer:
A certain production possibilities frontier shows production possibilities for two goods, jewelry and clothing. The following concepts can not be illustrated by this concept:
- the flow of dollars between sellers of jewelry and clothing and buyers of jewelry and clothing.
Explanation:
- A Production Possibilities Frontier also known as the Production Possibility Curve or Transformation Curve. This curve illustrates a country or a business is utilizing its resources effectively by showing the point at which that country or business is producing its products efficiently.
- This curve is unable to tell you the flow of dollars between the seller and buyers of goods of a business or a country.
- It only tells us about the production of goods not the flow of cash.
