Element of the promotional mix is based on impersonal, paid, one-way communication about an organization or product: Advertising. The correct option is C.
Advertising is an element of the promotional mix that focuses on impersonal, paid, one-way communication about an organization or its products. It involves the use of various media channels, such as TV, radio, print, and online platforms, to convey a message to a large audience.
The primary purpose of advertising is to inform, persuade, and remind consumers about a product or service, ultimately aiming to drive sales and brand awareness.
In contrast, public relations (a) focuses on building and maintaining a positive image for an organization, personal selling (b) involves direct face-to-face communication with potential customers to close sales, and social media (d) serves as a platform for interactive, two-way communication between an organization and its audience.
Each of these promotional mix elements has its unique role in promoting a product or organization, but advertising is the one based on impersonal, paid, one-way communication.
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which element of the promotional mix is based on impersonal, paid, one-way communication about an organization or product?
a) Public relations
b) Personal selling
c) Advertising
d) Social Media
what’s one category you wish fewer taxes were spent on? why?
I wish less tax money went toward healthcare. While everyone's health is important, I believe there are other social issues that are more pressing and need attention, such as the federal debt or veterans' benefits.
What exactly is a tax?We engage in financial transactions every day, and taxes play a significant role in those transactions. A portion of the money we spend goes into maintaining the area in which we live, whether it is on groceries, a home, or gas.
Taxes are sums of money that an individual or organization must pay to tax bodies to support public spending. Without expecting anything in particular in return, taxpayers pay taxes in accordance with national tax regulations. Taxes are used by governments to fund internal operations, new infrastructure, public health, education, and security.
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Provides a means to clearly show economic relationships in two-dimensional space. Economic analysis is often concerned with two variables confined to the upper-right (northeast) quadrant of the coordinate number system.
Answer:
Graphs
Explanation:
A graph is a pictorial representation that shows a relationship between two or more variables. In the context of economics, it represents the clearly relationship in two-dimensional space. Also the economic analysis would be concerned with respect to the two variables.
Therefore as per the given situation, the graph should be the answer
Hence, the same is to be considered
A graph is a representation of a relationship between two or more variables in a visual format. It illustrates the clear relationship in two-dimensional coordinate numbers in the context of economics.
What is the coordinate number?
In a complex or coordination compound or a crystal, the coordination number, also known as Ligacy, is the number of atoms, ions, or molecules that a central atom or ion has as its nearest neighbors.
Thus, graphic representation shows the relationships between variables.
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If the Budget of a project Increases, It is reasonable to assume that the impact to: cope will be or Time will be If the Time of a project Decreases AND the Scope of a project Decreases... It is asonable to assume that the impact to: budget will be.
Increasing the project budget is likely to affect the scope while decreasing project time and scope is likely to impact the budget.
When the budget of a project increases, it means that there is more financial resources available for the project. This increased budget allows for the possibility of expanding the project's scope by incorporating additional features, functionalities, or objectives.
Therefore, it is reasonable to assume that the impact of the budget increase will be on the project's scope, as it provides more flexibility and resources to accommodate a broader range of project requirements.
On the other hand, when the time of a project decreases, it implies that there is a shorter duration available to complete the project. If, along with the decreased time, the scope of the project also decreases, it means that certain features, functionalities, or objectives will be removed or scaled back to fit within the reduced timeframe.
This reduction in scope can have a direct impact on the project's budget. Since fewer resources and efforts are required to accomplish a smaller scope, it is reasonable to assume that the impact of the reduced time and scope will be on the project's budget, resulting in potential cost savings.
In summary, a budget increase generally leads to an expanded scope of a project, while a decrease in both time and scope of a project is likely to have an impact on the project's budget.
These relationships are based on the assumption that more financial resources enable a broader project scope, while a reduced scope, due to time constraints, can lead to cost reductions.
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Krishna is 56 years old; he has contributed to the CPP without interruption for over 30 years. While crossing the street, Krishna was struck by a bus and seriously injured. He is currently hospitalized and on life support and his doctors have informed Krishna's family that it is uncertain as to whether he will awaken from his coma. Assuming at the time of his accident, Krishna was entitled to a CPP retirement benefit of $660, the flat-rate disability amount is $496.36 per month and the maximum monthly disability benefit is $1362.30, how much of a disability benefit will Krishna receive under the CPP? a) 50 b) $865.94 C) $991.36 d) $1156.36
Option(A) is the correct answer. Krishna will receive a disability benefit of $660 under the CPP.
To determine the disability benefit that Krishna will receive under the CPP, we need to consider a few factors. First, let's calculate the disability benefit based on the provided information:
The flat-rate disability amount is $496.36 per month.
The maximum monthly disability benefit is $1362.30.
Krishna's entitlement to a CPP retirement benefit is $660 per month.
To calculate the disability benefit, we compare the retirement benefit to the flat-rate disability amount and the maximum monthly disability benefit:
The disability benefit will be the lesser of:
The retirement benefit ($660)The flat-rate disability amount ($496.36) plus the retirement benefit minus the flat-rate disability amount.Let's calculate the disability benefit based on the above formula:
Disability benefit = min(retirement benefit, flat-rate disability amount + retirement benefit - flat-rate disability amount)
= min($660, $496.36 + $660 - $496.36)
= min($660, $660)
= $660
Therefore, Krishna will receive a disability benefit of $660 under the CPP.
Option (a) 50, option (b) $865.94, option (c) $991.36, and option (d) $1156.36 are not correct based on the given information. The correct answer is that Krishna will receive a disability benefit of $660 under the CPP.
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Krishna is 56 years old; he has contributed to the CPP without interruption for over 30 years. While crossing the street, Krishna was struck by a bus and seriously injured. He is currently hospitalized and on life support and his doctors have informed Krishna's family that it is uncertain as to whether he will awaken from his coma. Assuming at the time of his accident, Krishna was entitled to a CPP retirement benefit of $660, the flat-rate disability amount is $496.36 per month and the maximum monthly disability benefit is $1362.30, how much of a disability benefit will Krishna receive under the CPP? a) $660 b) $865.94 C) $991.36 d) $1156.36
Ann Chovies, owner of the Perfect Pasta Pizza Parlor, uses 20 pounds of pepperoni each day in preparing pizzas. Order costs for pepperoni are $10.00 per order, and carrying costs are 4 cents per pound per day. Lead time for each order is three days, and the pepperoni itself costs $3.00 per pound. If she were to order 80 pounds of pepperoni at a time, what would be the average inventory level?
Answer: 40 pounds
Explanation:
Given the following :
Ordering cost = $10 / order
Carrying cost = 4 cents per pound per day
Cost of pepperoni = $3 per pound
Daily demand = 20 pounds
Order quantity = 80 pounds
Average inventory level at the time in which 80 pounds of pepperoni was ordered is given as
Average inventory level is given as :
Order quantity / 2
80 pounds / 2 = 40 pounds
In financial reporting of segment data, which of the following must be considered to determine whether an industry segment is a reportable segment?
I. Sales to unaffiliated customers.
II. Intersegment sales.
In determining whether an industry segment is a reportable segment for financial reporting of segment data, both sales to unaffiliated customers (I) and intersegment sales (II) must be considered.
To determine if an industry segment is reportable, both sales to unaffiliated customers and intersegment sales must be considered. Sales to unaffiliated customers reflect the segment's ability to generate revenue externally, while intersegment sales indicate the segment's interaction and dependency on other segments within the organization.
Including both types of sales in the assessment ensures a comprehensive evaluation of the segment's significance and performance in relation to the overall business. This information is crucial for financial reporting purposes, as reportable segments require separate disclosure in financial statements to provide relevant and transparent information to stakeholders.
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When a computer is frozen and cannot properly be shut down, manually hold down the manual power button until the computer restarts. true or false
Answer:true
Explanation:
identify each working capital situation with the appropriate treatment.
Working capital situations can be treated differently based on the specific circumstances.
Working capital refers to the funds a company has available to cover its short-term expenses and obligations. There are several different situations that can impact a company's working capital, each requiring a different treatment.
If a company has excess working capital, it may choose to invest the funds in growth opportunities or pay down debt to reduce interest expenses. This can help to improve the company's financial position and increase its long-term profitability.
If a company has inadequate working capital, it may need to take steps to improve its cash flow. This can include reducing expenses, increasing sales, or seeking additional financing. In some cases, the company may need to sell assets or restructure its operations in order to improve its financial position.
If a company has negative working capital, it may need to take immediate action to address the situation. This can include negotiating with suppliers to extend payment terms, accelerating the collection of accounts receivable, or seeking emergency financing. Failure to address negative working capital can lead to bankruptcy or insolvency.
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When reviewing desirable traits and backgrounds that foster employee success and retention, HR at Daymon seeks to hire people with any and all of the following characteristics except: a. People who bring a wealth of HR experience and who promote the status quo b. People who display a willingness to learn and keep learning c. People who may not have worked in HR before but who are willing to learn people who treat other d. People well and are kind and considerate. People who will ask, challenge, or question company HR philosophies
Answer:
Dube buses transport people from all over within South Africa
the difference between advertising and psas is that advertising isa. more effective in reaching consumers.b. almost always used in conjunction with consumer satisfaction surveys.c. a paid form of marketing communication.d. designed to remind consumers, while psas are used to persuade consumers.e. designed for very targeted audiences, while psas reach mass audiences.
The primary difference between advertising and PSAs (Public Service Announcements) is that advertising is a paid form of marketing communication, while PSAs are typically non-commercial messages intended to inform or educate the public on a specific issue.
Advertising aims to promote products or services to consumers, generating revenue for the company or brand. It is designed to reach both targeted and mass audiences, depending on the strategy employed. On the other hand, PSAs are usually created and distributed by non-profit organizations, government agencies, or media outlets without any charge. They address social issues, public health concerns, or safety matters and are meant to raise awareness or inspire action. PSAs may also persuade consumers, but their primary goal is not to sell a product or service. Instead, they focus on delivering a message that benefits society or the general public.
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BRUH THIS THING LOGGED ME OUT WHAT IS GOING ON
Answer:
?????????????
Explanation:
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give four reason as to why being an entrepreneur is beneficial than a doing a job
Answer:
Hope this helps!
4 reasons:
Explanation:
1) Being an entrepreneur is beneficial because it helps you get to know yourself better. You get to be your own boss.
2) Entrepreneurs get to make their own schedule. You can work for flexible hours.
3) You get to be more independent. Taking entrepreneurship will grant you freedom.
4) Choosing to be an entrepreneur is a big risk. This means your taking a challenge in your life. You'll make yourself stronger!
The best part though? It is a big satisfaction when you succeed, yeah and you'll definitely be proud of yourself.
__________ requires cultivating opinion leaders and getting them to spread information about a product or a service to others in their communities.
The marketing strategy that requires cultivating opinion leaders and getting them to spread information about a product or a service to others in their communities is known as influencer marketing.
Influencer marketing is a form of social media marketing that leverages endorsements and product mentions from individuals who have a dedicated social following and are viewed as experts within their niche. This marketing tactic is becoming increasingly popular due to its ability to reach a targeted audience with a detailed answer, increase brand awareness, and ultimately drive sales.
Companies will often provide influencers with free products or services in exchange for their endorsement, or pay them a fee to create sponsored content. The success of influencer marketing largely depends on selecting the right influencer and crafting a well-planned campaign that resonates with its audience.
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QRS Corporation has a fiscal year-end that ends on September 30. It is required to make quarterly estimated payments. The first estimated payment will be due on the 15th of:
A) November.
B) December.
C) January.
D) February.
The first estimated payment for QRS Corporation will be due on the 15th of November. Hence Option A is correct.
Since its fiscal year-end is on September 30, the first quarter of its fiscal year ends on December 31. Therefore, the first estimated payment is due two months after the end of the first quarter, which falls on November 15. The remaining estimated payments will be due on February 15, May 15, and August 15. It's important for QRS Corporation to make these payments on time to avoid penalties and interest charges.
Estimated tax payments are calculated based on the corporation's expected income for the year and the tax rate, and they serve as a way to prepay the corporation's tax liability for the year. By making estimated payments, QRS Corporation can manage its cash flow and ensure that it has enough funds to cover its tax obligations.
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Explain at least four consumer rights.
Explanation:
four basic consumer rights – the right to safety; the right to be informed; the right to choose and the right to be heard
Assume the economy is in a short-run equilibrium at point L. In the absence of any fiscal or monetary policy actions, what will happen in the long run
In the absence of any of government policy, the economy is going to return to a long run aggregate supply with time.
The monetary policy of the governmentThis is the use of fiscal tools by the government in order to ensure that the government of a country has an economy that is sustainable and also growing.
The fact that there is no intervention would end up making the supply curve to move to the right.
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Suppose a company will issue new 20-year debt with a par value of $1,000 and a coupon rate of 8%, paid annually. The issue price will be $1,000. The tax rate is 35%. If the flotation cost is 2% of the issue proceeds, then what is the after-tax cost of debt? Disregard the tax shield from the amortization of flotation costs. Round your answer to two decimal places. % What if the flotation costs were 11% of the bond issue? Round your answer to two decimal places. %
Answer:
if the flotation costs were 2%, the after-tax cost of debt is 5.10%
if the flotation costs were 11%, the after-tax cost of debt is 4.63 %
Explanation:
After-tax cost of debt = Market Interest × ( 1 - tax rate)
Calculation of the Market Interest
Hint : Use the time value of money principles
Pv = -$1,000
Pmt = $1,000 × 8 % = $80
P/yr = 1
N = 20
Fv = $1,000
YTM = ?
Using a financial calculator, the market interest is 8%
After-tax cost of debt = Market Interest × ( 1 - tax rate)
= 0.08 × (1- 0.35)
= 0.052 or 5.20 %
If Flotation cost is 2%
Net Receipts after flotation cost = Cost × ( 1 - flotation rate)
= 5.20 % × (1-0.02)
= 5.096 % or 5.10% (two decimal places)
If Flotation cost is 11%
Net Receipts after flotation cost = Cost × ( 1 - flotation rate)
= 5.20 % × (1-0.11)
= 4.628 % or 4.63 % (two decimal places)
An in-store computer used to apply for a job is called:
an online application.
a paper application.
an automated interviewer.
a hiring kiosk.
Answer:
a hiring kiosk.
what does the medical assistant say in the amazon commercial?
You just started your first full-time job, and one of the benefits is a retirement savings plan. Someone in the human resources department is going over your benefits and says that you have make choices about how the retirement savings plan is invested. She gives you some papers to read and asks you to stop by and let her know your choices when you come to work tomorrow. What must you consider as you read the information and make your choices? Answer in complete sentences.
I need to be aware that investment options and the market conditions can change over time, and I should regularly review and adjust my investment choices as to ensure I am on the track to meet my retirement goals.
What is retirement?Retirement is a phase in a person's life when they choose to stop working or reduce their work hours. It is a time when people typically have reached a certain age, have accumulated enough savings or investments, and are ready to leave the workforce. Retirement can be a voluntary decision or forced due to health issues or other reasons. During retirement, individuals can pursue hobbies, travel, spend time with family and friends, and engage in leisure activities they did not have time for while working. Retirement also involves careful financial planning to ensure that one's income will be sufficient to support their lifestyle and cover expenses, such as healthcare and housing. Many people also choose to seek advice from financial planners and other professionals to help them navigate this phase of life.
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Explain two factors A&B should take into account when deciding which price method to use.
Answer:
Whether the demand for their product is elastic or inelsatic AND whether they have close competitors
Explanation:
*DEMAND ELASTIC OR INELASTIC*
If the product A&B is selling has close substitutes, the product is likely to be more elastic. This means that even a slight rise in price will shift consumers to the substitutes ( competitor's product) which have lower prices. Moreover if the product takes a larger proportion of people's income, and is a luxury, the price is likey to be elastic. However if the product is inelastic ( the product doesn't have close substitutes), an increase in price will not cause much fall in sales, resulting in the prevention of losses in revenue. By using this knowledge A&B can determine whether or not they can use price skimming or promotional pricing.
*CLOSE COMPETITORS*
If the product that A&B is selling has close competitors, raising the price greater than competitor's prices will result in losses of A&B and it will loose customers to rival businesses. A&B can also decide by observing the quality of rival's products and examine whether they should further increase the quality and set higher prices for their product to create a 'higher quality image'.
Through these observations A&B can decide if competitive pricing or penetration pricing will be suitable for it or not.
Why is (or is not) Euro money in the United States?
What "backed" the US dollar after 1933?
What "backed" the US dollar after 1966?
The euro is not a currency in the United States because the country has its own currency, the US dollar.After 1933, the US dollar was backed by gold. After 1966, the US dollar was no longer backed by gold. Instead, it became a fiat currency.
The euro is not a currency in the United States because the country has its own currency, the US dollar. However, the US dollar can be used to purchase euros through currency exchange.
After 1933, the US dollar was backed by gold. This means that the government had a certain amount of gold to back up each dollar in circulation. This system was known as the gold standard and it was intended to provide stability and prevent inflation.
After 1966, the US dollar was no longer backed by gold. Instead, it became a fiat currency, which means that its value is not directly linked to any physical commodity. Instead, the government and the Federal Reserve use a variety of tools to regulate the supply and demand of dollars in order to maintain stability and prevent inflation.
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Distinguish between private and public company???
Answer:
-Private company has mininmum 1 and maximum 101 member.
Public company has minimum 7 member and maximum is bounded by its share capital.
-Private company is smaller than the public companies by the no.of capital.
Public company is larger than private company and spread in different place.
-Private company uses the term Private limited after its name.
Public company uses the term Limited after its name.
-Examples of Private company are: Asmita Book Publication Pvt.ltd and Karunanidhi Education Foundation Pvt.ltd
Examples of Public company are:Nepal oil corporation and Nepal electricity Authority.
Explanation:
Distinguish between Private and Public
Company???
public company is a company that is listed in the well-known stock exchange and can be traded freely. Where a private limited company is not listed on a stock exchange and it is held privately by the member of the company
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have a bangtastic day ahead
Saranghae
On September 1, Sky Mountain Company borrowed $200,000 on a 6%, 9-month note payable to Coast National Bank. Given no previous adjusting entries have been recorded, Sky Mountain's adjusting entry four months later at December 31 would include a:
Answer:
i dont get the question
Explanation:
For each of the following task environment properties, rank the example task environments from most to least according to how well the environment satisfies the property. Lay out any assumptions you make to reach your conclusions.
a. Fully Observable: driving; document classification; tutoring a high-school student in calculus; skin cancer diagnosis from images.
b. Continuous: driving; spoken conversation; written conversation; climate engineering by stratospheric aerosol injection.
c. Stochastic: driving; sudoku; poker; soccer.
d. Static: chat room; checkers; tax planning; tennis
The fully observable category can include skin cancer diagnosis, continuous category can include spoken conversation, stochastic category includes driving, solving sudoku and static category includes chatroom or tennis ground etc.
a. Fully Observable:
Document classification: Assuming the task involves analyzing textual content, document classification is highly likely to be fully observable as all the necessary information is typically available within the document itself.
Skin cancer diagnosis from images: While some information might be hidden beneath the surface or require specialized tools, the task environment is still relatively observable as the images provide visual cues for diagnosis.
Tutoring a high-school student in calculus: The environment is partially observable as the tutor needs to gauge the student's understanding and progress through interaction, which might involve assessing the student's grasp through questions and problem-solving.
Driving: The task of driving is subject to various factors and conditions (e.g., blind spots, weather conditions, unexpected events) that make it less observable compared to the other examples. The driver must actively perceive and interpret the environment to make informed decisions.
Assumptions: For tutoring calculus, it's assumed that the tutor can observe the student's work, responses, and body language to gauge their understanding. For skin cancer diagnosis, it's assumed that the images provide sufficient visual information for diagnosis.
b. Continuous:
Driving: The act of driving involves continuous control and adjustment of various parameters such as steering, acceleration, and braking.
Climate engineering by stratospheric aerosol injection: The process of climate engineering likely involves continuous monitoring and adjustment of aerosol injection systems to achieve desired atmospheric conditions.
Spoken conversation: While there may be brief pauses or interruptions, spoken conversations generally involve continuous flow of speech and interaction between participants.
Written conversation: Written conversations, such as email exchanges or messaging, are typically not continuous as they are asynchronous and involve separate messages with delays between them.
c. Stochastic:
Poker: Poker involves inherent uncertainty due to hidden cards, unpredictable opponent strategies, and randomness introduced through card shuffling and dealing.
Soccer: The outcome of a soccer match can be influenced by numerous stochastic factors, including player actions, ball movement, and external conditions.
Sudoku: While the initial puzzle setup is deterministic, the process of solving Sudoku involves making uncertain choices, trying different possibilities, and relying on deduction to reach a solution.
Driving: While driving is influenced by external factors like traffic, weather, and road conditions, it is generally less stochastic compared to the other examples since the actions of other drivers can often be anticipated to some extent.
d. Static:
Tax planning: Tax planning involves dealing with established rules, regulations, and financial data, which can be considered static in nature.
Checkers: Once the checkers game starts, the positions of the pieces remain fixed until players make their moves, resulting in a relatively static environment.
Chat room: While the content of conversations in a chat room may change, the fundamental structure and rules of the chat room environment typically remain static.
Tennis: Tennis is a dynamic sport with constant movement and changes in ball position, player positions, and court conditions, making it the least static environment among the examples.
The fully observable category can include skin cancer diagnosis, continuous category can include spoken conversation, stochastic category includes driving, solving sudoku and static category includes chatroom or tennis ground etc.
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toyota has undergone difficult times in recent years, as explained in the case. what attribute does toyota seize as a way to move forward?
Refocusing on its core value-creation tools is the attribute Toyota seizes as a way to move forward.
Price advent is the system of turning hard work and sources into something that meets the needs of others. That includes, as an example, farmers growing vegetation, employees building something in a manufacturing unit, as well as other intangible goods like pc code and creative ideas.
Despite the fact that the intangible factors that pressure fee creation differ by using industry, some of the main classes of intangible belongings encompass technology, innovation, highbrow assets, alliances, control skills, worker members of the family, customer members of the family, network members of the family, and brand price.
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a manager has been tasked with turning around the performance of the maintenance department. which of the following approaches is likely to be least effective?
The following approach is likely to be least effective in threatening to fire employees who do not complete enough work each day.
The Expectation Theory of Motivation developed by Victor Bloom of the Yale School of Business explains the relationship between effort performance and outcome. McClelland's human theory of motivation states that all humans have one of three primary motivations achievement belonging and power.
These motives are not innate. We develop them through culture and life experience. Process theory explains how workers choose actions to meet their needs and guide their decisions. Expectation theory is based on the relationship between a person's effort achievement and the desirability of outcomes associated with high achievement.
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What other considerations do manufacturers have when deciding on the dimensions of the cans, besides minimizing the amount of material used
Answer:
Imagine that you are an engineer for a soda company, and you are tasked with finding the most economical shape for its aluminum cans. You are given a set of constraints: the can ust hold a volume V of liquid and be a cylindrical shape of height h and radius r, and you need to minimize the cost of the metal required to make the can.
(a) First, ignore any waste material that is discarded during the manufacturing process and just minimuze the total surface area for a given volume V. Using this constraint, show that the optimal dimensions are achieved when h = 2t.
(b) Next, take the manufacturing process into account. Materials for the cans are fut from flat sheets of metal. The cylindrical sides ar made form curved rectangles, and rectangles can be cut from sheets of metal with virtually no waste. However, when the disks of the top and bottom of the can are cut from flat sheets of metal, there is significant waste material. Assume that the disks are cut from squares with side lengths of 2r, so that one disk is cut out of each square in a grid. Show that in this case the amount of material is minimized when: h÷r = 8÷π ≈2.55 .
(c) It is far more efficient to cut the disks from a tiling of hexagons than from a tiling of squares, as the former leaves far less waste material. Show that if the disks for the lids and bases of the cans are cut from a tiling of hexagons, the optimal ratio is h ÷ r = 4√3 ÷ π ≈ 2.21 . Hint: The formula for the area of a hexagon circumscribing a circle of radius r is A = 6r ^2 ÷ √3.
(d) Look at a variety of aluminum cans of different sizes from the supermarket. Which models from problems a-c best approximate the shapes of the cans? Are the cans actually perfect cylinders? Are there other assumptions about the maufacture of the cans that we should take into account? Do a little bit of research, and write a response to answer some of these questions by comparing our models to the actual dimensions used.
Explanation:
did u get it if yes give me brilliant star
In a perfectly competitive market, if the market price is $4, how many units will they sell if they charge $4?How many will they sell if they charge over $4? Will they make more profit if they lower their price? Why or why not?
Answer:
In a perfectly competitive market, if the market price for a single unit is $4, then the number of units sold would be 32.
Explanation:
A perfectly competitive market is defined as a market where there are no monopolies - something extremely rare in the real world. However, it is a good example to explain the rules and workings of supply and demand in the market. There are multiple sellers and purchasers in a perfectly competitive market. Sellers earn just enough profit to keep their place in the market. Any more and they would lose their foothold in the marketplace to another company.
If the sellers are capable of producing more, then they can sell more, thus increasing their output. In any case, the economic output would be zero because the price is tangent to the low point on the average total cost curve. The seller has no control over market price because the price is set at equilibrium.
Which process involves monitoring identified and residual risks, identifying new risks, carrying out risk response plans, and evaluating the effectiveness of risk strategies throughout the life of the project
Answer: Controlling risk
Explanation:
A risk event is an uncertain event or occurrence that can affect the achievement of the objectives of a project.
Controlling risk involves monitoring identified and residual risks, identifying new risks, carrying out risk response plans, and evaluating the effectiveness of risk strategies throughout the life of the project.