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Feliz [49]
2 years ago
7

What is micro environment​

Business
2 answers:
e-lub [12.9K]2 years ago
4 0

The middle layer of elements in a firms  external environment, primarily concerned with a firms industry situation.

Dennis_Churaev [7]2 years ago
3 0

The micro marketing environment consists of certain forces that are part of an organisations marketing process, but remain external to the organisation. This micro marketing environment that surrounds organisations can be complex by nature, however, the company has an element of control over how it operates within this environment.

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Which of these is an example of a vision statement?
max2010maxim [7]

Answer:

A

Explanation:

if the business explains why the public should buy there product the public would be more inclined to buy there product.

4 0
3 years ago
Starting from point e, which point is the outcome of a decrease in the price of a complementary good, holding all else constant?
inn [45]

A decrease in the price of complementary goods will shift the demand curve rightward.

A decrease in the price results in increase in demand for a good. Or a rightward move in the demand curve results an increase in both price and production of a complementary good in an economy.

When the price of a complementary good decreases, the quantity demand for that good increases, but the demand for the good that it is being complemented, decreases.

Complementary Goods refers a negative relationship with each other – which means that when  price of the product  'A' increases , demand for product 'B' decreases. when price of product 'A' decreases , demand for product 'B' increases. Because in such a case more  people now buy product 'A' because of  the lower price. This relationship of complementary goods is known as ’negative cross-elasticity of demand.

To learn more about complementary goods here

brainly.com/question/28145273

#SPJ4

6 0
2 years ago
5) A car rental company offers two plans for one way rentals. Plan I charges $36 per day and 17 cents per mile. Plan II charges
Rom4ik [11]

Answer:

a. Plan I is better is we drive 300 miles in a day.

b. 150 miles.

Explanation:

a. if mileage is 300 then rental charges will be,

Plan I : $36 + 17 cents * miles

$36 + 0.17 * 300 = $41.10.

Plan II : $24 + 25 cents * miles

$24 + 0.25 * 300 = $99.00

Plan I total cost for 300 miles is $41.10 whereas Plan II total cost for 300 miles is $99.00. Plan I is better plan and cost effective.

b. For mileage (m) calculation we will use equation;

Plan I = Plan II

$36 + 0.17m = $24 +0.25m

0.25m - 0.17m = $36 - $24

m = $12 / 0.08

m = 150 miles.

6 0
3 years ago
__________ means that managers are honest and trustworthy, fair in their dealings with employees and customers, and behave ethic
iragen [17]

Answer:

ethical leadership

Explanation:

Ethical leadership is a leadership style that focuses on the respect for ethical values, employees' dignity and the overall rights of everyone related to the organization, including those who work at it, its customers, and related community.

Ethical leadership emphasizes personal values such as trust, honesty, empathy, fairness, etc.

3 0
3 years ago
To accurately compare the rate of return on one investment with another, they should be:
NISA [10]

Answer:

Measured over equal time periods.

Explanation:

To get an understanding of the <u>rate</u> of return you first need to lay down a period of time that you can use as a baseline when comparing the return of each investment.

7 0
3 years ago
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