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What is the purpose of marketing mix?
to increase sales to rise profit and turnover to satisfy the needs of the customers to increase the consumption demand
What is foreign demand?
It is the foreign demand for domestic goods and services.
What is direct and indirect demand?
Demanded goods which satisfy human wants directly is called direct demand.
What is a demand for a product?
A demand for a product is when a customer expresses a desire or willingness to purchase a product. It is the amount of a product that customers are willing to buy at a specific price. Generally the demand for a product is determined by the price of the product the customers income the availability of a substitute and the customers preferences. When the price rises demand falls and when the price decreases demand increases.Factors that affect the demand for a product include: Price of the product Customers income Availability of a substitute Customers preferencesIf the price of the product rises then the demand for the product falls and vice versa. This is due to the fact that customers are willing to pay a certain price for a product and when the price increases customers will be less likely to purchase the product.
What is Implied demand uncertainty?
Implied demand uncertainty is resulting uncertainty for only the portion of the demand that the supply chain plans to satisfy and the attributes to the customer desires.
What is negetive demand?
negative demand is when customers dislike the product or even pay to avoid it
What good and services will produce and how will the produce?
The basic economic theory states that "When there is demand efforts will be made to satisfy this demand by virtue of supply." Now in an economic system the consumer dictates the demand and so the supply has to satisfy the demand.So the suppliers have to model their products and services which corresponds to demands of the consumers.
What are the release dates for Howard Stern on Demand - 2005 ICP and Ralph Evaluate Nina?
Howard Stern on Demand - 2005 ICP and Ralph Evaluate Nina was released on: USA: 1 June 2010
How does the consumer influence what goods and services will be produced?
The basic economic theory states that "When there is demand efforts will be made to satisfy this demand by virtue of supply." Now in an economic system the consumer dictates the demand and so the supply has to satisfy the demand.So the suppliers have to model their products and services which corresponds to demands of the consumers.
What is a demand curve and how it is different from demand function?
The demand curve demonstrates what happens when a product is demanded by customers. A demand function refers to an event that can affect the demand curve.
When the demand for foreign currency decreases does the value of the dollar increase?
Yes, when the demand for foreign currency decreases, the value of the dollar typically increases. This is because a lower demand for foreign currency indicates that people are more willing to hold dollars, leading to an appreciation of the dollar's value relative to other currencies. Essentially, as demand for dollars rises, its value strengthens against foreign currencies.
What is a foreign warrant?
A warrant is a demand issued by a court. An example is; an arrest warrant is a demand for someone's arrest. A foreign warrant is issued for someone in another country.
