Answer:
The correct answer is (B)
Explanation:
Economists are helpful to predict future economic and financial phenomenon’s. In that regard, statistical or mathematical models are considered more appropriate and it is said that they provide better results. In the above scenario, Syd is attempting to construct an economic model for that, the suitable technique to examine the cause and effect to predict the outcomes are mathematical functions. The reason is that mathematical models are more appropriate to predicts cause and effect.
I think Campbell should face the competition by just focusing only on their business. They should focus on how to provide a better quality soup business to their customers. They should make their customers feel very satisfied and happy. They should face the competitors by providing the customers good quality soup and also at a less price than that of the competitors.
This will help in attracting many customers and the customers will feel very happy coming to such a business where they get these benefits.
Thus, the best way to face any competition is to make yourself better enough in comparison to other competitors so that the soup business doesn't have to do anything to attract customers. Customers should come by their own willingness.
This will surely help Campbell to remain at the top of the business and earn more and more and achieve its goals and objectives.
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Answer:
The correct answer is : False
Explanation:
The participation in local production might repress the growth of imports in a market for goods made of different types. The domestic demand constitutes a great proportion or potential import suppliers. The domestic industry may influence its reaction to import competition, the prevalence of multinational enterprises (MNEs) is important.
How to assess the behavior of consumers Facial expressions can be used to gauge eating habits and consumer preferences. shopping behavior analysis. investigating customer behavior in a natural setting. study of neuromarketing.
Many things about a person's thoughts can be deduced from their facial expressions. Humans are capable of expressing their feelings both verbally and physically. Our body language can occasionally be a dead giveaway to the true emotions we are experiencing. Unconsciously, our eyes, lips that tremble a little, nose that wrinkles, etc., all convey our hidden feelings.
By observing one's facial expressions, one can determine their emotional condition. Even as children, a teacher's severe gaze was all it took to get us to straighten up and obey. Our face is a reflection of our innermost emotions. A small percentage of people have extremely expressive faces that reveal their entire emotional state.
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In most of the 1970 period, the fed appear to be most anti-inflation. The United States has been experiencing a pattern of rising prices since the late 1960s.
Inflation refers to an overall rise in the cost of goods and services throughout a nation. Inflation in United States started gradually increasing from yearly rates that had previously been less than 2 percent for several years.
The Federal Reserve tightened policy in 1973 in response to rising inflation rates. However, the Fed loosened its stance before adequately controlling inflation in response to increased unemployment. In December 1976, the annual inflation rate reached a low of 5% before rising once more.
According to the personal consumption expenditure index, prices had increased 7.7% from the previous year by January 1979, raising concerns that inflation would continue to climb. Concern was also raised regarding the US currency, which had declined 13% in value versus.
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