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Gross National Product
gross national product
Tourism is generally considered a service. Tourism is not a physical product because you cannot take the environment home with you.
The real formula of the GNP or Gross National Product is simple. It is the Consumption + Government Expenditures + Investments + Exports + Foreign Production by U.S. Companies â?? Domestic Production by Foreign Companies = Gross National Product.
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Marketing Channels reduce the number of transactions because it makes the distribution simpler by reducing the number of transactions required to get a product from the manufacturer to the consumer.
A spot transaction is the sale of a product at a fixed price. Or, in the wholesale Foreign Exchange market, settlement occurs two business days after the transaction has been concluded. This is the technical meaning of the word 'spot'
Relationship marketing focuses on single transactions of products, services, or ideas
Explain the Matrix approach to product planning. Suggest a Marketing strategy on the basis of the product evaluation matrix.
Explain how you know whether an estimate of a product is an overestimate or an underestimate?
Explain how product form pricing may be pricing option at Quills?
Following are the Difference between physical product and services product Physical product realiability aesthetics adaptability usability functionality approprateness Services Product friendliness safety biling responsiveness to requests appearance of physical facilities approachability of the service provider willing to listen to customer honesty and an ability to communicate in clear language
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Gross National Product
an advertisement for a cosmetic powder claims that the product is"chemical-free."Explain why this is impossible
Digital purchasers will have to pay for taxes, shipping and the cost of the product. Manufacturers and retailers pass on all the costs associated with the product.