Simple trade era Study guides, Class notes & Summaries

1. When the Western world turned to capitalism as the foundation of its economic system, the foundation was NOT suited for advertising. ANSWER: POINTS: DIFFICULTY: QUESTION TYPE: HAS VARIABLES: LEARNING OBJECTIVES: NATIONAL STANDARDS: STATE STANDARDS: KEYWORDS: DATE CREATED: DATE MODIFIED: 2. The rise of capitalism was one of the four major a. b. ANSWER: POINTS: DIFFICULTY: QUESTION TYPE: HAS VARIABLES: LEARNING OBJECTIVES: NATIONAL STANDARDS: STATE STANDARDS: KEYWORDS: DATE CREATE...

C720 Operations - Correct Answer-The process used to acquire inputs, such as people, capital, and material, and transform them into outputs, such as products and services. Operations Manager - Correct Answer-They allocate resources. Capital - Correct Answer-Facilities and equipment Competitive Advantage - Correct Answer-Developing capabilities that customers value, can be sustained over the long-term, and competitors find difficult to replicate. Inseparability - Correct Answer-The...

GCSE WJEC Eduqas History-USA Questions with Accurate Answers 2023 Describe the Wall Streets Crash. 19th October 1929-3.5 million shares bought and sold and prices began to fall quickly. Thursday 24th October 1929-"Black Thursday",13 million shares traded and prices collapsed. Investors lost millions of dollars. Describe the impact of the Wall Street Crash on unemployment. End of 1929- 2.5 million people unemployed. End of 1930-5 million people unemployed. End of 1931-9 million pe...

Test Bank for Marketing, 20th Edition, William M. Pride, O. C. Ferrell   True / False 1. Marketing consists primarily of selling and advertising. a. True b. False ANSWER: False 2. The broadest and simplest definition of marketing states that it is the development and efficient distribution of products for consumer segments. a. True b. False ANSWER: False 3. Customers are the focal point of all marketing activities. a. True b. False ANSWER: Tru...

Chapter 3 - The Evolution of Promoting and Advertising Brands TRUE/FALSE 1. A capitalistic system, ensures the emergence of advertising. ANS: F DIF: Easy REF: p. 77 OBJ: 3-1 TYP: Knowledge 2. Advertising is essential to the competition for resources in a capitalistic system because it is a critically important tool that informs and persuades consumers about their choices. ANS: T DIF: Moderate REF: p. 77 OBJ: 3-1 TYP: Comprehension 3. The Industrial Revolution led to mass production of adv...

The Gig Economy- Worker or Self Employed LATEST EDITION 2024/25 GUARANTEED GRADE A+ Preliminary Matters - The disputed cases of employment status often reflect a distinction between the written documentation (which uses the language of entrepreneurial freedom for those who provide work) and the reality of those working arrangements. This reality often reveals a high degree of control over the conduct of work through algorithms. These algorithms deploy ratings systems (such as used by Uber) for...

What makes Coke a good product and why do so many people buy it? - ANSWER-It's *benefits*! It tastes good, has caffeine. What is Marketing? - ANSWER-To identify unmet consumer needs & then develop products that fill those needs Example of Pure Marketing - ANSWER-Coca Cola - It tastes good & delivers caffeine. Don't have to go to far to buy one and it is low cost. Aspects of great marketers - ANSWER-1. Develop products that people want or need 2. Price them at a level that maximizes p...

Chapter 01 Marketing's Value to Consumers, Firms, and Society True / False Questions 1. Marketing is basically selling and advertising. True False 2. Marketing, in the literal sense, means "selling" or "advertising." True False 3. Marketing means "promotion and selling." True False 4. Actually making goods or performing services is called marketing. True False 5. Estimating what price consumers are willing to pay for a product and if the firm can make a profit selling at that price,...

American Politics and the US Constitution - C963 WGU Correctly Solved 2023 natrual rights ->>Life, Liberty, and Property John Locke ->>17th century English philosopher who opposed the Divine Right of Kings and who asserted that people have a natural right to life, liberty, and property. State of Nature ->>Hypothetical condition assumed to exist in the absence of government where human beings live in "complete" freedom and general equality. Due Process ->>involves th...

Economics - answer-- the study or science of production, distribution, and consumption -the study of how society manages its scarce resources Society and Scarce Resources - answer--The management of society's resources if important because resources are scarce -Scarcity implies choice and choice implies cost Scarcity - answer--society has limited resources and therefore cannot produce all the goods and services people wish to have -Not enough resources are available to satisfy one's ...