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What else can I help you with?
Name function of marketing?
Marketing is about optimising the forseen benefits of a product or service in order to be able to convince consumers to buy that product or service from the choice they have available.
Which of the following tools is most central to rational choice A. Product information B. A powerful computer C. Marginal analysis D. Cost-benefit analysis?
Product information
How can freedom of choice effect the avalibilities of products and services for consumers?
We can choose the products and services that best suit our needs. If a product is not needed it will fade away because there isn't a demand. If a product or service is needed it will be copied giving the consumer more choices and creating competition. Consumer demand and the competition will dictate the price points for a product or service. To sum up the freedom of choice can cause a product or service to succeed or fail based on the demand of the market created by consumers.
How does the price of a product or service affect its supply?
The price of a product or service directly influences its supply. When the price of a product or service increases, suppliers are more willing to produce and sell more of it to take advantage of the higher profits. This leads to an increase in supply. Conversely, if the price decreases, suppliers may reduce production or supply, as it may not be as profitable for them.
What is the significance of the term "substitute" in economics and how does it impact consumer behavior and market dynamics?
In economics, the term "substitute" refers to a product that can be used in place of another product. This concept is significant because it influences consumer behavior and market dynamics. When consumers have the option to choose between substitutes, they may switch to a cheaper or more desirable product, affecting the demand for the original product. This competition among substitutes can lead to price changes, shifts in market share, and overall market dynamics.
What influences your clothing choice?
peer pressure and media has a big impact on what influences your clothing choices.
What influences a person choices?
I think family Karl the first thing that influences a person choice
How do you convince the people to buy your cellphone product?
what influences people to purchase a cellphone
How will the choice of joinery impact a product's strength and durability?
no
How does Hinduism influence people?
Hinduism influences people through its teaching, philosophies and religious practices. Hinduism is a product of Indus Valley Civilization and religious influences.
Which of the following factors influences a consumer when deciding to buy a product?
external factors
Which product is a responsible choice for cleaning your boat?
ethylene glycol
Which product is responsible choice for cleaning your boat?
ethylene glycol
Which product is a responsible choice for cleaning a boat?
ethylene glycol
How do you think a product's assembly impacts a product designer's choice of joinery techniques?
it could be that the differnt joints you use the stronger or weaker the product is
What is the visible product of gene and the environments influences?
The visible product of gene and environment influences is known as the phenotype. The phenotype is the physical and behavioral characteristics of an organism that result from the interaction between its genetic makeup and the environment in which it develops.
What 3 factors that influences how enzymes work?
1. pH 2. temperature 3. product concentration
