Answer: True
Explanation;
Generally, manufactured goods cost more than the commodity goods that they were manufactured from due to the value that has been added to them. This is what the Prebisch-Singer hypothesis argues, that commodity prices decline overtime in relation to manufacturing good prices.
This is a fate that has befallen many developing countries as many of them export commodity goods to developed countries who then add value to them, turning them into manufactured goods and then selling them back to developing countries at a higher price thereby negatively affecting their balance of trade.
Answer:
B) is narrow and outdated.
Explanation:
The article's name is "Rethinking the 4 P’s" and it summarizes a 5 year study that involved more than 500 top level managers across the world. That study doesn't say that the 4 Ps are useless, it states that they are outdated. The study focused on the B2B market and it argues that the 4 Ps must be restated:
- S ⇒ products to solutions
- A ⇒ place to access
- V ⇒ price to value
- E ⇒ promotion to education
Answer: Sale, New Product
Answer: Sample selection bias
Explanation: Sample selection is a term used to describe the various steps and processes through which a researcher was able to determine and collect his or her samples.
Bias is an inclination towards or a prejudice against one or more parties or factors in an experiment or a Research.
SAMPLE SELECTION BIAS IS ONE OF THE MAIN CAUSES OF POOR OR WRONG OUTCOMES DURING A RESEARCH OR AN EXPERIMENT.
Answer:
Approach
Explanation:
Personal selling in the domain of finance involves the process in which customer are able to convinced about a products to buy them, it is usually utilized by sales person and it involves many steps . It should be noted that Creating a favorable impression and building trust with prospective customers is a critical part of the approach step of personal selling.
