Answer:
A) customer value marketing
Explanation:
Customer value refers to the value that our customers assign to the products or services that our company sells them. In other words, is the cost of our product or service offset by the benefits that we receive from consuming it. As long as the equation is always favorable to our side, i.e. perceived benefits > cost of our product, our customers will continue to purchase our products or services.
Customer value marketing tries to continuously increase the customers' perceived benefits, therefore always keeping the equation favorable to our side.
Answer:
A) The current supply will shift to the left
Explanation:
The supply curve shifts to the left when the total quantity supplied decreases, which results in a price increase at any given quantity.
If everyone expects that the football team will have a great season, the quantity demanded for tickets will increase, which will increase their price. But the suppliers will also hold to their tickets until a day or two before the games to increase expectations and fans' anxieties. That way the price will increase even more, and they will make a higher profit.
Answer:
The answer is: C) The scientific method may not reveal a "true" model of the world.
Explanation:
When economists and scientists use the scientific method they are trying to develop models of the world and then test them with data. Past data is used to try to predict future economic behavior. That doesn´t mean that those models are 100% accurate and true, but rather that they might (or not) apply to specific situations.
Microeconomics relies on the use of the scientific method and econometrics, while the scientific method is not applicable in macroeconomics.
Answer:
A. $575,000 + $125,000 - $560,000
Explanation:
According to the ending inventory report, cost of sales would be calculated as follow;
Cost of sales = Beginning inventory + Purchase - Ending inventory
Cost of sales = $575,000 + $125,000 - $560,000
The type of entry mode is TRADE RELATED ENTRY.
Build operate transfer is a trade related entry mode into international business in which a foreign investor takes up the responsibility for training, designing and constructing an operation and when the operation is completed he hands it over to the buyer and the management of the project will be taken up by those he trained.
