What are the five primary factors of production?

Q: Describe mass production?

A: Mass production is manufacturing extra goods than exact needs/demands. The reason is when firms…

Q: 4. What are the characteristics of the marketplace?

A: Characteristics or features of the marketplace to enter are as follows: * Easily Accessible &…

Q: Choose 3 business models that you think have an impact on the labor market

A: Business Model - These are the models which will help the company in making profit. It will help in…

Q: Explain the phrase “the 3 Rs.”

A: The 3 Rs are reduce, reuse, and recycle. These concepts are used within product life cycles. The…

Q: 1. Describe how the economic environment may influenceZappos’ marketing efforts.

A: The economic environment influence Zappos’ marketing in many ways. It could influence their strategy…

Q: What are the factors used to produce goods and services?

A: Product development is the process which is taken place in marketing function. It is because…

Q: How can the firms have the most powerful marketing benefit?

A: Marketing refers to the process of managing a product/service or both such that customers purchase…

Q: What is business sectors?

A: Business can be defined as an occupation of selling and buying goods and services in the marketplace…

Q: What are the Economic activities that typically produce an intangible product?

A: Economic activity is the activity of the manufacture, supply, buy, or sale of goods or services. Any…

Q: Give 5 list MIS of food and berevage company

A: MIS(Management Information System) is represented as an interspersed arrangement of man and machine…

Q: What are the major activities for agricultural commodities

A: Agricultural commodities are stapled crops and livestock that are grown or raised on farms or…

Q: Where should we produce or source our products?

A: Product Sourcing - It's the process by which a business succeeds in getting or achieving a product…

Q: Describe several factors that affect productivity.

A: The several factors that affect productivity are:

Q: What are the four types of market structures?

A: Market is where there are number of buyers and sellers transacting with each other easily. The buyer…

Q: Discuss (FIVE) 5 factors of production.

A: The Five factors of production are:

Q: Describe the system of Mass production?

A: MASS PRODUCTION

Q: Explain the quadruple bottom line and how it is related to Māori business

A: The Governor of the Reserve Bank of New Zealand lauded Māori firms for their environmentally…

Q: 1. What is the role of the consumer and the government in helping to encourage locally produce goods…

A: Both consumers and government play a vital role in supporting local businesses to help improve the…

Q: Explain people respond to incentives economic principle, provide a current example.

A: "People respond to incentives," according to a key premise of economic analysis. Prices in market…

Q: How environmental variables can contribute to a firms position

A: Environmental variables can be explained all the factors that include individuals, entities and…

Q: Using examples, discuss how today’s markets and firms are different from the ones in 1800s.

A: The evolution of market has been in a continous form as the market and the customers changes from…

Q: What are the reasons that Producers sell directly to consumers?

A: There are four channels of distribution. 1. Direct selling2. Selling through intermediaries3. Dual…

Q: What are the three major tasks performed bysalespeople?

A: Making a sale is to create a customer by successfully creating an exchange. There are various ways…

Q: who is the consumer of car tires manufacturing? 3 consumer only no explanatins

A: Customers of car tires manufacturers: Owners of SUVs, luxury, passenger cars, Owners of…

Q: snip

A: Importance of Productivty in successful Operations : Productivity is a proportion of the…

Q: implement anyone principle from industry 4.0 six design principle on any organization

A: Industry 4.0 refers to the management development process in the field of manufacturing and chain…

Q: What are the sources though which business idea emerged ?

A: A business idea means a source of inspiration that may lead to the development of a business plan.

Q: Develop your own definition of agribusiness

A: Agribusiness refers to a concept used to explain the sector comprised of all the economic activities…

Q: How does a market work?

A: Market: Market refers to a platform wherein people buy and sell stocks and shares. It also includes…

Q: Give three examples of intangible factors.

A: Intangible factors are not physical factors. In business, intangible items can not be seen or…

Q: what is economics marginal analysis

A: The concept of marginal analysis is related to the concept of Cost, so let us first know what Cost…

Q: Explain Factor Influencing Productivity

A: Ans. There are numerous factors that affect the productivity or influence the productivity. Some of…

Q: What is Purchasing Power?

A: Purchasing is the cycle a business or association uses to get products or administrations to achieve…

Q: consumers consume ?

A: Consumer is basically the final end step in the process of selling the product to the purchasing of…

Q: To what degree are your choices influenced by corporations and marketing?

A: The objective of marketing products by the companies is to attract customers and increase their…

Q: What is  certain demand?

A: Marketing examines the needs and wants that are prevailing in marketing. It calls for marketing…

Q: Explain how technology improve compet and productivity

A: Technological innovations increase productivity and competitiveness.

Q: Which are the three economic areas of greatest concern to most marketer?

A: A market is an environment where the buyer and seller will interact with each other exchanging…

Q: All of the following are among the major forces considered to be in a company's microenvironment…

A: All of the following are among the major forces considered to be in a company's microenvironment…