Consumers notes - Study guides, Study notes & Summaries

ECS3702 EXAM PACK 2023 200+ QUESTIONS AND CORRECT ANSWERS WITH SUMMARISED NOTES. Question 1a Briefly Explain the Following terms (a) Absolute Advantage Absolute advantage is the ability of a country to produce a greater quantity of a good or service with the same quantity of inputs per unit of time, or to produce the same quantity of a good or service per unit of time using a lesser quantity of inputs, than another entity that produces the same good or service. (b) Factor Intensity T...

MNB_1501 Summarized Notes and Quiz. Study Unit 1: The Business World and Business Management The role of business in society • Transformation of resources into goods and services society needs. • Business cannot operate without society. • Needs and values of society influence what business does? - Protecting the environment. • Organizations influence behaviour patterns of people in a particular society by developing new products. - Impact of cell phones & tablets on soci...

MNB1601 SUMMARY STYDY NOTES 2022. MNB1601 - Business Management IB The operations function is that function of the business aimed at executing the transformation process. The importance of operations management:  It can reduce the cost of making products or offering services  It can increase the revenue the business receives for offering its products and services to its customers/clients  It can reduce the amount of investment (capital) needed to manufacture the type and quantit...

FIN2603 Exam Study Notes. Latest Document. The Financial goal of a firm. 1. Introduction. • Firms exist because they satisfy a need by providing a product or service. • Firms do not only meet the need for consumers but also the needs of other firms. • The emphasis on customers needs and on providing a quality product/service to meet the needs of customers is normally stated in the firms mission statement. • Mission statement - describes the fundamental purpose that sets a firm ap...

MNM2605 EXAM PACK 2022. To stay in the market organisations need to consider developing trends that will influence consumer behaviour. Explain any four developing trends (2 marks each = 8 marks) and provide an example for each trend. (1 mark each = 4 marks). 1. Green marketing: This is where companies focus on producing more environment friendly products and market their products as well as their company as an environmentally friendly company. 2. Cause related marketing: this is where compa...

MNM2605 EXAM PACK 2022. MNM2605 - Consumer Behaviour To stay in the market organisations need to consider developing trends that will influence consumer behaviour. Explain any four developing trends (2 marks each = 8 marks) and provide an example for each trend. (1 mark each = 4 marks). 1. Green marketing: This is where companies focus on producing more environment friendly products and market their products as well as their company as an environmentally friendly company. 2. Cause related ...

MNM2605 EXAM PACK 2022. To stay in the market organisations need to consider developing trends that will influence consumer behaviour. Explain any four developing trends (2 marks each = 8 marks) and provide an example for each trend. (1 mark each = 4 marks). 1. Green marketing: This is where companies focus on producing more environment friendly products and market their products as well as their company as an environmentally friendly company. 2. Cause related marketing: this is where compa...

ECS3701 Oct/Nov 2017 1. Explain the following terms i. Inflation targeting Monetary policy strategy that involves public announcement of a medium-term numerical target for inflation. ii. Interest rate risk The riskiness of earnings and returns that is associated with changes in interest rates iii. Monetary Policy Monetary policy can be defined as the measures taken by the monetary authorities to influence the quantity of money or the rate of interest with a view to achieving st...

ECS3701 Oct/Nov 2017 1. Explain the following terms i. Inflation targeting Monetary policy strategy that involves public announcement of a medium-term numerical target for inflation. ii. Interest rate risk The riskiness of earnings and returns that is associated with changes in interest rates iii. Monetary Policy Monetary policy can be defined as the measures taken by the monetary authorities to influence the quantity of money or the rate of interest with a view to achieving st...

MAC3703 EXAM PACK 2022. Recommend strategies that the project manager could use to manage the different stakeholders’ expectations should conflict arise Should conflicts arise between stakeholders, this may be resolved by: S - The study-notes marketplace Downloaded by: LuthandoPetros | Distribution of this document is illegal S - The study-notes marketplace MAC 3703 PREPARED BY : MUNYA • Negotiation. The parties discuss the issue with the view to finding mutually acceptable solut...