Answer:
A. May be able to improve either economic efficiency or equality.
Explanation:
Public policies: These are the government's policies meant for the public´s benefit and it is tailored to translate vision into action to execute planning and get the desired result. These policies are important to resolve public issues efficiently and effectively with equality. It should be formed under the laws and regulations of the state.
There are five stages of policy making process:
- Agenda setup.
- Policy formulation.
- Decision making.
- Implementation
- Evaluation.
Answer:
The correct answer are option D for both questions.
Explanation:
Recessions is characterized with decrease in consumer and investment spending. During recessions there is a decline in inflation rate and the unemployment rate increases.
While during expansion, there is a boost in economy. So, with increase in investment and production, the unemployment rate falls. There is a rise in inflation rate as well.
Though even in the stages of recovery, the unemployment rate continues to increase because some firms are pessimistic and are operating below their capacity. Also, the rate of growth of labor force is higher than rate of employment growth, which leads to increase in unemployment.
Answer:
manufacturing activities
Explanation:
Manufacturing activities refers to the manufacturing, testing, processing, and other kind of activities
Here the required things to be undertaken by its supplier so that it can manufactured and supply to the client
SO as per the given situation, the early outsourcing efforts should be confined to the manufacturing activities
Answer:
C.
Explanation:
Companies cannot appeal to all buyers in the marketplace, or at least not to all buyers in the same way.
This strategy focuses on targeting a specific set of customers, retaining them by meeting their needs, and using metrics to measure their satisfaction.
Steps:
-Market segmentation. Is the process that companies use to divide large heterogeneous markets into small markets that can be reached more efficiently and effectively with products and services that match their unique needs.
-Market targeting. Consists of a set of buyers who share common needs or characteristics that the company decides to serve.
-Differentiation. A market coverage strategy in which a firm decides to to target several market segments and desing separate offers for each. Focus on how the company can create differentiated value for targeted segments.
-Positioning. The way the product is defined by consumers on important attributes. The place the product occupies in consumers’ mind relative to competing products.
