Price is the element of the marketing mix that corresponds to what the buyer gives up in the marketing exchange.
<h3 /><h3>What is the marketing mix?</h3>
They are the set of activities performed by marketing to promote a product or service and increase the profitability of a company. The four Ps of marketing are:
- Product
- Price
- Place
- Promotion
Therefore, the objective of the marketing mix is to increase the value of the brand and its positioning through the creation of value for the consumer.
Find out more about marketing mix here:
brainly.com/question/859394
#SPJ1
Answer:
The correct answer is B
Explanation:
The amount of equity earnings will be computed as:
Amount of earnings = Frankfort share in net Income of Bradley × Bradley Net Income
where
Frankfort share is 40%
Net Income of Bradley amounts to $1,680,000
Putting the values above in the amount of earnings:
= 40% share × $1,680,000
= $672,000
Therefore, the option B is correct.
Answer:
Genie will have better access to highly skilled human capital at a lower cost.
Explanation:
During times of economic downturn, the rate of unemployment rises due to reduced production by firms in the economy. When the economy slows down, consumption drops, leading to reduced demand for goods and services. A reduction in demand forces organizations to cut down production, and consequently laying off workers.
Service and manufacturing industries do not create employment opportunities during economic downturns. As a result, college graduates cannot find jobs, which increases unemployment. An increase in unemployment and a low supply of jobs leads to a reduction in wage rates. Genie software will, therefore, be able to find highly qualified employees at a lower cost during times of economic downturns.
