The strategic marketing concept aims to achieve specific marketing objectives aligned with an organization's goals, the sustainable marketing concept extends beyond these objectives, considering long-term impacts on the environment, society, and the organization itself.
The strategic marketing concept and the sustainable marketing concept are both important approaches to marketing, but they have some key differences. The strategic marketing concept focuses on identifying and satisfying the needs and wants of target customers in a profitable way. This approach is based on the idea that companies should focus on creating value for their customers and then capturing a share of that value for themselves.
On the other hand, the sustainable marketing concept is centered around the idea that companies should operate in a way that is environmentally and socially responsible. This approach recognizes that companies have a responsibility to not only create value for their customers but also to minimize their impact on the environment and contribute positively to society.
While the strategic marketing concept is primarily focused on driving profits, the sustainable marketing concept takes a broader view of the role of companies in society. Companies that embrace the sustainable marketing concept often prioritize long-term sustainability over short-term profitability, and they strive to create a positive impact on the world around them.
1. Focus:
- Strategic Marketing Concept focuses on developing marketing plans and tactics that are in line with an organization's overall goals, targeting specific customer segments, and staying ahead of competitors.
- Sustainable Marketing Concept emphasizes the need for long-term business success while considering environmental, social, and economic factors, aiming to create value not just for customers but also for society and the environment.
2. Timeframe:
- Strategic Marketing Concept usually has a shorter-term orientation, with a focus on achieving specific objectives and targets within a given period.
- Sustainable Marketing Concept adopts a long-term perspective, ensuring that marketing decisions made today are beneficial for the organization and its stakeholders in the future.
3. Triple Bottom Line:
- Strategic Marketing Concept primarily focuses on the financial performance of an organization, aiming to increase its profitability and market share.
- Sustainable Marketing Concept considers the Triple Bottom Line, addressing not just economic (financial) performance but also environmental and social aspects. This approach ensures that the company's marketing activities contribute positively to society and the environment.
4. Customer Engagement:
- Strategic Marketing Concept focuses on attracting and retaining customers through targeted marketing efforts, often emphasizing promotions and product offerings.
- Sustainable Marketing Concept engages customers by emphasizing shared values and transparency, building long-term relationships based on trust and loyalty, and often promoting responsible consumption.
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I need advice on Commission prices...so far, I have come up with this:
Shoulders&up = $5, Hips&up = $7, Full body = $10
Line Art = see above prices, Black&White = +$3, Colored = +$5
Pet = +$1, Mounted = +$3, Background = +$5
Is this good? Am I over/underpricing my work? Am I just wasting my time and hopes on this?
Answer:
It's good
Explanation:
Don't put yourself down you're not wasting your hopes or time. You're doing what you like doing and that's what counts
Which survey asks the same questions at several points in time to a new group of respondents each time?
A repeated cross-sectional survey asks the same questions at several points in time to a new group of respondents each time.
Repeated cross-sectional (RCS) design is also known as “pseudo-longitudinal” (Yee and Niemeier 1996). RCS design is one type of survey design that uses statistics, in which equal information is asked to an independent sample at every wave.
Cross-sectional survey records are statistics for a single point in time. Repeated move-sectional facts are created wherein a survey is administered to a new pattern of interviewees at successive time points. For an annual survey, which means that respondents in 365 days could be distinctive people to the ones in the prior 12 months.
Repeated measures designs are broadly used because they have advantages over pass-sectional designs. As an instance, collecting repeated measurements of key variables can offer a greater definitive assessment of inside-person exchange across time.
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the united states raised the dollar price of gold by nearly $15 per ounce in 1934. what was the result?
The result of raising the dollar price led to consumer prices getting doubled.
In the United States, consumer prices have approximately doubled since the Roosevelt government increased the dollar price of gold in 1934. As a result, gold's price had to climb since the dollar was overpriced in relation to gold until gold was abandoned as the foundation for a medium of exchange. American officials, on the other hand, claimed that the $35 price of gold was "immutable."
In order to avoid being caught with too many dollars on their hands, foreign creditors would instigate a run on the gold supply if they felt that this country was about to devalue. Everyone who had dollars in their possession before the devaluation would experience significant losses since more dollars would be needed to purchase a given amount of gold.
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suppose an individual is considering an investment in which there are exactly three possible outcomes, whose probabilities and payoffs are given below: outcomeprobabilitypayoffs a.3$100 b ?50 c.2? the expected value of the investment is $25. although all the information is correct, information is missing. refer to scenario 5.4. what is the variance of the investment?
Based on the given information, the probabilities and payoffs for each possible outcome of the investment are:
Outcome A: Probability = 3, Payoff = $100
Outcome B: Probability = ?, Payoff = -$50
Outcome C: Probability = 2, Payoff = ?
The expected value of the investment is $25, which means that the weighted average of the payoffs, taking into consideration the probabilities of each outcome, is $25.
To calculate the variance of the investment, we would need the missing information, which is the probability for outcome B and the payoff for outcome C. Once we have that information, we can use the following formula to calculate the variance:
Variance = Σ [ (Payoff - Expected Value)^2 * Probability ]
where Σ represents the summation symbol.
Without the missing information, it is not possible to calculate the variance of the investment. Please provide the complete information for all three outcomes (probabilities and payoffs) in order to accurately calculate the variance.
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Which of the following expenditures would be most suspicious if it were capitalized?
a. Equipment purchases
b. Computer purchases
c. Prepaid expenses
d. Salaries to the top management
In the context of suspicious expenditures, the most questionable expense, if capitalized would be (d) Salaries to the top management.
Capitalization refers to recording an expense as an asset on the balance sheet, rather than expensing it immediately on the income statement. This is typically done for long-term assets, such as equipment or computers, which provide benefits over an extended period.
Equipment purchases (a) and computer purchases (b) are generally considered legitimate capital expenditures since they represent long-term assets that provide value over time. Prepaid expenses (c) can also be capitalized, as they represent future benefits that have been paid for in advance.
However, salaries to top management (d) should not be capitalized because they represent a recurring, short-term expense that does not provide a long-term benefit to the company.
Capitalizing such expenses could raise suspicions of financial manipulation or misreporting, as it could artificially inflate the company's assets and understate its expenses, leading to a misleading portrayal of the company's financial health.
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best hashtags use for dancing
I am not that supported soo plss help me find the best hashtags
Answer:
i'm assuming you're referring to hashtags to be posted on social media.
#dancer
#dancing
#dance
#music
#songs
#contemporary
#hip-hop
#classical
Explanation:
1.the balance of an account is calculated as
A the total of the debit side
B the total of the credit side
C the difference between the totals of the debit and credit side
D.the sum of all entries
2.the total on the debit of an account is greater than the credit side.what does this mean?
A the account has a debit balance
B the account has a credit balance
C the account cannot be balanced
D the account has no balance
3.a credit balance occurs in a ledger account when
A the total on its debit side is greater than the credit side
B the total on its debit side is less than the total on its credit side
C the total on its debit side is equal to the total on its credit side
D the total is zero in the ledger account
Answer:
1.A
2.C
3.D
Explanation:
hope its help
which of the following is an example of a good leader in the context of business? a.a person who disobeys authority b.a person who relies on force to lead people c.a person who is efficient and does not delegate his or her duties d.a person who can influence others e.a person who is a dictator
The correct option is D. A good leader in the context of a business person who can influence others.
Extremely good leaders treat their groups with appreciation, gaining appreciation in going back. transparent: Being open and sincere makes work greater green and exciting. Trusting: leadership requires delegation–trusting their team to finish what they are assigned with excellence produces fantastic morale and mutual respect.
Exact leaders percentage a level of brilliance that permits them to encourage the hundreds in the direction of new ideas and innovations. Examples encompass Mahatma Gandhi, Oprah Winfrey, and Martin Luther King Jr. studying notable leaders is useful as it lets you analyze high-quality traits and behaviors to emulate.
They keep in mind it is an excessive honor and duty to serve those they have been given the privilege to guide. remarkable leaders attempt to be fantastic communicators. they're responsive and dependable and supply on their commitments.
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In a production cost report, the number of total units to account for consists of ________. The weighted-average method is used. A) units in process at the end of the period and units started or added during the period B) units in process at the beginning of the period and units remaining at the end of the period C) units of completed and transferred out products and total units produced D) units in process at the beginning of the period and units started or added during the period
In a production cost report, the number of total units to account for consists of Units that were in the process when the period began and units that were started or added during the period.
What is Production Cost?All direct and indirect costs associated with manufacturing a product or providing a service are referred to as production costs. Various costs, such as labor, raw materials, consumable manufacturing supplies, and general overhead, can be included in production costs.
Labor, raw materials, equipment, rent, and other supplies or overhead are typically production cost factors. Production costs affect all kinds of businesses, even though they are typically associated with manufacturers with high inventory levels.
The total of all costs associated with producing a product or service is known as the production cost. The cost of production is the sum of the costs of raw materials, direct labor, and overhead.
There are four general categories of costs: direct cost, indirect cost, variable cost, and fixed cost.
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if the value of the euro appreciates compared to the dollar, what is logical outcome for us exports to the eu?
If the value of the euro appreciates compared to the dollar, it means that each euro can buy more dollars. In this scenario, the logical outcome for US exports to the EU would be a decrease or a potential decline.
When the euro appreciates against the dollar, it makes US goods relatively more expensive for European consumers. This means that the price of US exports in euros would increase, making them less competitive compared to domestically produced goods or goods from other countries that use currencies that have not appreciated as much.
As a result, European consumers may find it more costly to purchase US goods, and they may seek alternatives from domestic producers or other countries with relatively cheaper prices. This can lead to a decrease in demand for US exports to the EU.
Additionally, an appreciating euro can also affect the profitability of US exporters. If the revenue from exports is denominated in euros and then converted back into dollars, the stronger euro would result in fewer dollars received for the same amount of euros earned. This can put pressure on the profit margins of US exporters.
However, it's important to note that exchange rates are influenced by various factors, including economic conditions, interest rates, inflation rates, and market dynamics. Currency movements can be unpredictable, and other factors such as the competitiveness of US goods, consumer preferences, and trade policies can also impact US exports to the EU.
Overall, an appreciation of the euro relative to the dollar is likely to have a negative impact on US exports to the EU, as it makes US goods more expensive for European consumers and potentially reduces their competitiveness in the EU market.
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krysta wants to take piano lessons. she asked a teacher how many new pieces she could expect to learn each month. the teacher gave an estimate of 3. write an equation that shows how the total number of pieces krysta would learn, y, depends on the number of months of piano lessons, x.
The required equation is y = 3x which represents the total number of pieces Krysta would learn, where x months of piano lessons.
What is the Linear equation?A linear equation is defined as an equation in which the highest power of the variable is always one.
Krysta wants to learn to play the piano. She inquired with an instructor about the number of new pieces she could anticipate studying each month. The teacher estimated three.
Let y represent the total number of pieces Krysta would learn,
And x represent depends on the number of months of piano lessons,
According to the given situation, we can write the equation would be as:
⇒ y = 3x
Therefore, the required equation is y = 3x which represents the total number of pieces Krysta would learn.
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a is a group of consumers with similar needs and a group of retailers that satisfy those needs using a similar retail channel and format. a. wholesale market segment b. target market segment c. trading area d. retail market segment
A retail market segment is a group of consumers with similar needs and a group of retailers that satisfy those needs using a similar retail channel and format. Hence, option D is correct.
Retail market segment describes a set of buyers with comparable wants and a group of sellers who meet those needs through comparable retail channels and business models. The primary distinction between the wholesale and retail market segments is the establishment of a relationship between the wholesaler and the client in the former case and the manufacturer and retailer in the latter.
A given commodity's wholesale and retail prices diverge significantly, so that the wholesale price is always lower than the retail price. In the wholesale industry, the art of product sales, which is crucial in the retail sector, is not required. A wholesale firm is bigger than a retail one in size.
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Correct question is:
A ______ is a group of consumers with similar needs and a group of retailers that satisfy those needs using a similar retail channel and format.
a. wholesale market segment
b. target market segment
c. trading area
d. retail market segment
where does telephone and printing goes in the trial balance
Answer:
Printing and Stationery expenses are indirect expenses. Therefore, these expenses are shown in expenses side of profit and loss account, so it will be in credit side of trial balance.
How important is money
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
Which situations best demonstrate likely tasks for Business Financial Management workers? Check all that apply.
Marcy helps a family create a budget that allows them to save up for buying a house.
Caleb researches possible cases of fraud and takes notes on what he finds out.
Selena processes customer transactions at a bank.
Jung creates a report with charts to show how a company's money is being spent.
Owen sells automobile insurance policies to people.
Alonzo advises companies about investment strategies.
Answer:
its
b, the caleb one
d, the jung one
d, the Alonzo one
Caleb investigates potential fraud situations and makes notes on his findings. In order to show how a company's money is being spent, Jung develops a report using charts. show potential tasks for those working in business financial management. Thus option (B, C) is correct.
What is management?In order to achieve desired goals and objectives, a person or group of people must be challenged and managed, according to the concept of management. Furthermore, the capacity to organize, supervise, and guide people is a component of management.
Managing telephone costs, employing new employees, purchasing facilities, creating project budgets, etc. are a few examples of financial management for a corporation or firm. financial administration
Therefore, Thus, option (C) is correct.
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Brockman Corporation's earnings per share were $3.50 last year, and its growth rate during the prior 5 years was 7.2% per year. If that growth rate were maintained, how many years would it take for Brockman's EPS to triple?
It will take approximately 4.60364 years (2 × 2.30182) for Brockman's EPS to triple if the growth rate is maintained.
We can use the Rule of 72 to determine how long it will take for earnings per share (EPS) to triple if the growth rate is maintained.
The Rule of 72 can be defined as the time it takes for an investment to double, given a fixed annual interest rate. If the annual interest rate is divided by 72, the number of years it takes for the investment to double is calculated.
The formula is as follows: (72 / annual growth rate = number of years to double)
To get the number of years it will take for EPS to triple, we can use this formula: 3.00 = 1.00(1 + 0.072)n/2
We will isolate n/2 by taking the logarithm of both sides.
0.9542425n/2 = ln(3.00)
Divide both sides by 0.9542425 to get:
n/2 = ln(3.00) / 0.9542425
n/2 = 1.098612 / 0.9542425
n/2 = 1.15091
n = 2.30182
Therefore, it will take approximately 4.60364 years (2 × 2.30182) for Brockman's EPS to triple if the growth rate is maintained.
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A stock has a beta of 1.3. The systematic risk of this stock is the stock market as a whole, higher than lower than equal to indeterminable compared to
The stock's systematic risk is higher than the stock market as a whole.
Beta can be calculated with the help of the following formula: Beta = Covariance of the asset with the market / Variance of the market. Therefore, by dividing the covariance of the asset with the market by the variance of the market, we can calculate the beta of a stock. What is systematic risk? The variability of returns on a security or portfolio caused by macroeconomic factors that affect the entire market is known as systematic risk. As a result, it is sometimes referred to as market risk. What is the relationship between beta and systematic risk? The beta coefficient is a measure of a stock's systematic risk. A beta of 1 indicates that the stock has the same systematic risk as the overall market, whereas a beta of less than 1 indicates that the stock has less systematic risk than the market as a whole. Similarly, a beta of greater than 1 indicates that the stock has more systematic risk than the market as a whole. Since the stock's beta is greater than 1, its systematic risk is higher than the market as a whole. Therefore, the answer to the given question is "higher than."
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A stock with a beta of 1.3 has a systematic risk equal to that of the stock market as a whole. Therefore, the systematic risk of this stock is equal to that of the stock market as a whole .
A stock with a beta of 1.3 has the stock with a beta of 1.3 has the same systematic risk as the stock market as a whole, which is known as non-diversifiable risk.
A systematic risk equal to that of the stock market as a whole.What is systematic risk?Systematic risk is a type of risk that is inherent in the entire market or an entire asset class, rather than in a single security or portfolio. This is also known as the market risk or the non-diversifiable risk.What is beta?Beta is a statistical measurement of the degree to which a security or portfolio moves in relation to the market as a whole. The market has a beta of 1.0, with stocks that are more volatile than the market having betas greater than 1.0, while stocks that are less volatile than the market have betas less than 1.0.
The beta of this stock is greater than 1.0 and hence this stock has more volatility than the market as a whole. This indicates that it will move in the same direction as the market with similar magnitude, as a result the systematic risk of the stock is the same as that of the market.
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A business analyzes what competitors are charging for products.
When a business analyzes what the competitors are charging for their products, it is known as the process of marketing info management.
What is the significance of business competitors?A business competitor can be referred to or considered as an organization that deals in the same product that is offered for sale by other enterprises in the same market.
It is important for a business to keep an eye on the acts of its competitors, as it helps them in keeping themselves updated with marketing info management.
Therefore, the significance regarding the business competitors has been aforementioned.
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I need two answers please by 2pm today.
Are you motivated more by intrinsic rewards (satisfaction, sense of accomplishment, etc.) or by extrinsic rewards (money, bonuses, etc.)?
Intrinsic rewards can be more satisfying to a worker than extrinsic ones, because internal motivation is something natural that does not depend on external stimuli.
How does an employee get motivated?There is a set of characteristics that helps in motivation in the work environment. Intrinsic rewards correspond to job satisfaction. To be achieved, the employee needs to feel valued and fulfilled with their responsibilities at work.
Extrinsic rewards are related to external motivations, such as a good salary and bonuses.
Therefore, motivation is essential in the workplace, as it stimulates employee productivity, satisfaction and integration.
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which of these statements is (are) correct about the amortization of a standard, level payment home mortgage loan?
For approximately half of the loan term, interest costs more than half of the monthly payment.
Each month, the principal reduction rises.
For what reason do I pay more interest than head?
Because your loan balance remains high, you owe more interest at first.Therefore, the majority of your monthly payment is used to pay the interest, while a small portion is used to pay off the principal.Because your loan balance is lower as you pay down the principal over time, you owe less interest each month.
If you make a higher monthly payment, what happens to the total amount of interest paid?
When you make a higher monthly payment, the extra money goes directly toward paying down the principal, or balance owed.Because the interest rate is only applied to the outstanding loan balance, reducing your debt will reduce your monthly interest payments.
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Why might someone want to file a tax return even if they dont meet the minimum income requirement
A taxpayer might want to file a tax return because they want to ensure they pay necessary tax as when due.
What is a filing of tax return?A tax return basically means the forms filed with the tax authority by a taxpayer that entails his/her income, expenses, tax information etc.
The filing of tax return allow the taxpayers to:
calculate their tax liabilityschedule tax paymentsrequest refunds etcHowever, a taxpayer might want to file a tax return even if they dont meet the minimum income requirement because they want to ensure they pay necessary tax as when due.
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the bargaining leverage of suppliers is stronger when
The bargaining leverage of suppliers is stronger when:
There are few suppliers in the marketThe suppliers' products are unique or differentiatedThe suppliers have a strong brand reputationThere are high switching costs for the buyerThe suppliers' products are an important part of the buyer's businessThese factors give the suppliers more power in negotiations and allow them to charge higher prices for their products. Conversely, if there are many suppliers, their products are similar, they have a weak brand reputation, there are low switching costs for the buyer, and their products are not important to the buyer's business, then the suppliers will have less bargaining leverage.
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I NEED THIS FAST PLEASE
Due today!
Which of the following scenarios best reflects a list price?
A. Earrings that are buy one get one free
B. A bike that is half off because of a holiday promotion
C. Socks that have a suggested retail value of $39.99
D. A dress that is 25% off
Answer:
C. Socks that have a suggested retail value of $39.99
The following scenarios best reflect a list price of Socks that have a suggested retail value of $39.99. Thus the correct option is C.
What is the list price?The specified price at which some is advertised for sale through a specific channel, such as a factory, a retail store, a catalog, or a retail, wholesale, or distributor website is The list price.
The difference between the listing price and the sale price of a property is known as the "listing price," also referred to as the "asking price."The highest price at which a thing may be sold is its list price.
The cost at which a seller decides to put their house on the market is known as the list price. You can specify a particular range of costs and make them exclusive to a certain clientele using a pricing list.
Therefore, option C is appropriate.
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Which of the following are the three largest categories of federal government spending?
a. Infrastructure, Defense, and Science
b. Health, Military, and Interest on Debt c. Veterans, Infrastructure, and Education d. Education, Defense, and Food/Agriculture
Answer: Your answer is A)
Explanation: Because it is a lot of money to build roads, public/private buildings, and parks , and land.
The three largest categories of federal government spending should be infrastructure, defense, and science.
The following information should be relevant:
Discretionary spending should be considered for the national defense.Most of the spending is to be spent on the infrastructure as the roads should be built, for parking, etc.Therefore, the other options are incorrect.
Thus, we can conclude that the three largest categories of federal government spending should be infrastructure, defense, and science.
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the function that ensures that production costs are calculated accurately
Answer:
When you are calculating your company's finances, accuracy is crucial to both financial statements and tax filings. Each component of your financial statements and reporting impact the overall financial picture presented for your business. Incorrect calculations or inaccurate reports can create legal problems with your tax filings as well as significant concerns from investors.
Suppose a duopoly in a market for homogeneous goods. The market demand and costs of the two firms, A and B, are given by: P = 144 50 Qt where Qt Qa + Qb
CTA = 47+ 26 Qa
CTb = 47+ 26 Qb
Assuming that the two companies announce a merger, and that there are no synergies or cost reductions with the transaction. What will be the market price after the merger?
In a homogeneous goods market , if two companies announce a merger and that there are no synergies or cost reductions with the transaction than market price will remain same as before the merger.
To determine the market price after the merger, we need to find the equilibrium quantity and then substitute it into the demand function.
The total quantity in the market after the merger will be the sum of the quantities produced by firm A (Qa) and firm B (Qb). Since there are no cost reductions or synergies, the total quantity will remain the same as before the merger.
Given that Qt = Qa + Qb, we can rewrite the demand function as P = 144 - 50Qt.
To find the equilibrium quantity, we set the quantity demanded equal to the quantity supplied. So, Qt = Qa + Qb.
Now, let's substitute the value of Qt into the demand function:
P = 144 - 50(Qt)
P = 144 - 50(Qa + Qb)
Since the total quantity (Qt) remains the same after the merger, the market price (P) will also remain the same as before the merger.
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What levels of risk does investing in the stock generally carry
medium
medium, high,
low, high
or low?
Low, high levels of risk does investing in the stock generally carry. Over the long term, stocks have the highest potential for growth for investors. Investors who have chosen to hold onto stocks for an extended length of time—say let's 15 years.
Typically been rewarded with robust, profitable returns. Utilize your associated banking account to open a risk and trading account. Access that trading account. Choose the shares you want to purchase or sell. Make sure you have the necessary investing funds in your account to purchase the shares stocks. taking dividends in— Many stocks distribute dividends, which are based on the company's earnings per share.
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Discuss whether or not growth of an industry will increase the profit earned by the firms in the industry.
Answer: Definitely, the larger the market, the larger the demand, the higher the profit. In some cases where the market is large, the producers may not meet up on some occasions, this make other producers to actually increase their profit margin based on they have to increase production.
Explanation:
Industries have their various activities, competition, customers (both prospective and existing). A growth in industry would mean that there is a larger demand for what is been sold in that industry, and when the demand is high, their would be lack, which would create that gap and allow marketers or producers get more profit, based on the high demand now. Definitely, the larger the market, the larger the demand, the higher the profit. In some cases where the market is large, the producers may not meet up on some occasions, this make other producers to actually increase their profit margin based on they have to increase production.
Explain why socialist societies do not use a circular flow chart.
Why is the core inflation rate calculated separately from the inflation rate?.
Answer:
To better show long term effects on inflation
Hope it helps you
Explanation:
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