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There are many roles of advertising such as;
1. To dispose a person towards buying a product.
2. To support a cause.
3. To encourage less consumption....like tobacco product.
4. To elect a candidate.
5. To raise money for charity.
6. To publicize union or management position in strike.
What else can I help you with?
How does advertising play an important role in the market?
Advertising exposes consumers to choices. A consumer may find a different brand of a certain product less expensive, one that fits into his/her budget.. It keeps people aware of the available products and services that are in the market-place.
What does mearchant mean?
The term "mearchant" appears to be a misspelling or variation of "merchant." A merchant is a person or entity engaged in the trade of goods or services, often involved in wholesale or retail activities. They play a crucial role in the economy by facilitating the distribution of products to consumers. If "mearchant" has a specific context or meaning, please provide more details for clarification.
What are the roles of cooperatives in product distribution?
Cooperatives play a crucial role in product distribution by acting as intermediaries that connect producers with consumers, thereby ensuring fair prices and equitable access to goods. They facilitate bulk purchasing, which reduces costs for members, and promote local products, enhancing community sustainability. Additionally, cooperatives often provide shared resources and services, such as transportation and storage, improving efficiency in the distribution process. Through their democratic structure, they empower members to have a say in operations, fostering a sense of community and shared responsibility.
What is transport and marketing facilities?
Transport and marketing facilities refer to the infrastructure and services that facilitate the movement of goods and services from producers to consumers. This includes various modes of transportation (such as roads, railways, airways, and waterways) as well as storage, distribution centers, and communication systems that help in marketing products. Effective transport and marketing facilities enhance supply chain efficiency, reduce costs, and improve accessibility for both businesses and consumers. Overall, they play a crucial role in the economy by connecting producers with markets.
Can you explain good and service?
Goods are tangible items that can be seen, touched, and consumed, such as clothing, food, and electronics. Services, on the other hand, are intangible activities or benefits provided to consumers, like haircuts, medical care, or education. While goods can be stored and owned, services are typically experienced and cannot be owned in the same way. Both play essential roles in the economy by fulfilling different needs and wants.
What role do the government play in distribution and exchange of goods and services?
find it yourself
Which forces play the greatest role in determining the distribution of goods and services in a free market economy?
In a free market economy, the primary forces that determine the distribution of goods and services are supply and demand. Supply refers to the quantity of goods and services that producers are willing to offer at various prices, while demand reflects consumers' willingness to purchase those goods and services. Prices serve as signals to both producers and consumers, guiding production decisions and consumption patterns. Additionally, competition among businesses helps to ensure efficiency and innovation in meeting consumer needs.
How are goods and services distributed in India?
In India, goods and services are distributed through a complex network that includes wholesalers, retailers, and various online platforms. Traditional distribution channels often involve local markets and small shops, while modern distribution increasingly relies on e-commerce and logistics companies. Government initiatives, such as the Public Distribution System (PDS), also play a crucial role in distributing essential goods to lower-income populations. Overall, the distribution system is a mix of formal and informal sectors, catering to diverse consumer needs across urban and rural areas.
Who is a person company or business that makes the goods or provides services for consumers?
A person, company, or business that makes goods or provides services for consumers is commonly referred to as a "provider" or "supplier." These entities are responsible for producing, manufacturing, or offering products and services that meet consumer demand and fulfill specific needs or desires. Providers can range from small-scale individual artisans to large multinational corporations, and they play a crucial role in the economy by contributing to the production and distribution of goods and services to consumers.
What role do entrepreneurs play in producing goods and services?
Entrepreneurs are innovators. They come up with new ideas for products or services.
How do government play a role in a economic flow?
They use taxes to provide public goods and services.
What are the top three goods and services in Hawaii?
Tourism, agriculture (especially sugarcane, pineapple, and coffee), and military defense are the top three goods and services in Hawaii. These industries play a significant role in the economy of Hawaii.
In command economies who decides what to buy?
In command economies, the government or central authority decides what to buy and produce. This decision-making process is based on a centralized plan that outlines the allocation of resources, production targets, and consumer goods distribution. As a result, individual consumer preferences play a minimal role in determining what goods and services are available in the market.
What role do capital goods play in the field of economics?
Capital goods are essential in economics as they are used to produce other goods and services. They include machinery, equipment, and buildings that help businesses increase their productivity and efficiency. Without capital goods, businesses would struggle to produce goods and services at a competitive level, which could hinder economic growth and development.
Of the small businesses in the distribution industry nearly three-quarters of them are involved in?
Of the small businesses in the distribution industry, nearly three-quarters are involved in logistics and transportation services. This includes activities such as warehousing, inventory management, and the delivery of goods to retailers or consumers. These businesses play a crucial role in ensuring efficient supply chain operations and meeting customer demands. Additionally, many small distributors focus on niche markets, providing specialized products and services.
Describe the role that workers play in the game of economics?
Workers produce all of the goods and services that producers provide and customers purchase.
Describe the role that workers play in the game of economics.?
Workers produce all of the goods and services that producers provide and customers purchase.
