Answer:
Diversification
Explanation:
Diversification is a type of growth strategy that has the goal of broaden the type of products that a company offeres.
FAW Group is engaging in a diversification strategy, because it is opting to produce a luxury car, which is not typical of the company, because it specializes in low-priced, reliable cars. The goal of this strategy is to reach the higher-income people who seek luxury over cost or realibility.
Answer:
d
Explanation:
The different methods of determining marketing budget includes :
Percentage of Sales method. - it is usually used by small businesses. it is when a percentage of sales is used to determine the overall budget of marketing communications.
Objective and Task method ; this involves a firm determining it objectives and then estimating the cost of reaching these objectives
Market Share method. - uses its market share to determine its budget
Unit Sales method. - the cost of marketing for one item is determined and then multiplied by the desired sales level
Answer:
The answer is C. international trade
Explanation:
International trade is the exchange of goods and services between countries.
Answer: Liquidity in the banking system is increased
Explanation:
The Federal Funds rate is the interest rate at which commercial banks are allowed to lend each other their excess reserves overnight to meet reserve requirements.
If this rate were to be reduced, it would make lending cheaper between banks who would then take advantage of this to borrow more occasionally. This will then translate to a higher liquidity amongst the banks.
Answer: d) None of the above
Explanation:
The profit on the sale is not a referral fee as Joanna did not facilitate a transaction between her clients and the people she bought the products for.
It is not a commission either because it is not a percentage of the products price earned as an incentive or extra fee for selling the products.
Her selling these products is allowed.
The answer is therefore None of the Above.
