O third party logistics provider.A service firm that takes care of all of the logistics requirements for other companies is called a third party logistics provider (3PL).
A 3PL firm provides outsourcing services for various logistics functions such as transportation, warehousing, and distribution to other companies. They can also provide additional services like inventory management, order fulfillment, and even packaging. Freight forwarders and contract carriers are also logistics service providers but they are not the same as 3PL. Freight forwarders arrange the transportation of goods and contract carriers provide transportation services under a contract. Common carrier is a type of transportation provider that offers services to the public and is regulated by the government.
Find out more about third party logistics provider
brainly.com/question/24192635
#SPJ4
Type the correct answer in the box. Spell all words correctly.
Which good customer service skill does Tony seem to possess?
Tony works as a customer service professional for a store that sells refrigerators. He met a customer who was furious with the store's service.
Apparently, the store had delivered the wrong refrigerator model to the customer's home address. Tony apologized on behalf of the store. He
told the customer that the store would quickly replace the product. He Interacted with the customer for a while and promised that the store
would never give the customer a chance to complain in the future. Tony's ________
helped him make the customer believe
In the store's service.
Answer:
professional manner and reassurance
in most organizations, the ____ department is responsible for output control and security measures.
The IT department is typically in charge of output control and security measures in most organizations.
What are IT organization?An IT organization (information technology organization) is a company's department in charge of establishing, monitoring, and maintaining information technology systems and services.
The information technology department is concerned with all aspects of information retrieval, storage, and processing via a system. The information security department is in charge of preventing unauthorized access to information.Both departments should report to the same department head in order to maintain collaboration and proper functioning?As both departments work in the information field, they can stay updated, secure, and assisted to gather and help each other in this manner.Separate reporting of both departments to different heads can lead to confusion, security risks, dysfunctional working, and other risks.As a result, both departments should report to the same department head.
To know more about IT Department visit:
https://brainly.com/question/13567397
#SPJ4
If Japan were regarded as the best electronics manufacturer in the world, what would be true?
a. The United States would have a comparative advantage in electronics.
b. Japan would have an absolute advantage in electronics production.
c. Japan would have a positive balance of trade.
d. Japan would have a comparative advantage in electronics manufacturing.
e. Japan would have a trade deficit with the United States.
Japan would have an absolute advantage in electronics production in the given case.
Hence, Option B is correct
Japan is an East Asian island nation. It is located in the northwest Pacific Ocean and is bordered by the Sea of Japan on the west. The Sea of Japan stretches from the Sea of Okhotsk in the north to the East China Sea, Philippine Sea, and Taiwan in the south approvals, field preparations required to carry out the procedure.
Japan is still one of the world's top 15 most innovative nations. With one of the highest per capita R&D expenditures and a large number of innovative companies, Japan is also home to the most innovative cluster in the world, Tokyo-Yokohama, which is ranked first overall for the second year in a row.
To know more about Japan here
https://brainly.com/question/510537
#SPJ4
Which company is expecting to gain the majority of its returns on existing investments?
a. Dell
b. Johnson & Johnson
c. Procter & Gamble
d. Phillips Petroleum
The majority of the returns on the company's existing investments are what Phillips Petroleum expects to see.
Company Phillips Petroleum:The Phillips Petroleum Firm was a 1917-founded American oil company that later diversified into the industries of natural gas production, petroleum refining, marketing, and transportation. On December 23, 1969, Phillips Petroleum made the first oil discovery in the North Sea at a location that would subsequently bear the name Ekofisk.
Conoco Inc. and Phillips Petroleum merged on August 30, 2002, creating ConocoPhillips, the second-largest refinery and third-largest integrated energy corporation in the US. The business relocated its main office to Houston.
ConocoPhillips divided into two distinct businesses in 2012. The original business retained its name and separated the midstream and downstream operations.
To know more about Petroleum visit: https://brainly.com/question/4147953
#SPJ4
Total supply chain costs in some industries approach 75 percent of the total operating budget.
True
False
It is true that in some industries, total supply chain expenditures are close to 75% of the overall operating budget.
A supply chain is a group of people and businesses responsible for producing a product and getting it to the consumer. The raw material producers are the first links in the chain, and the last is the van that delivers the finished product to the customer.
An operating budget is used by a company, government, or organisation to plan its operations. It comprises of all revenues and expenses for a period of time (usually a quarter or a year). Prior to a reporting period, an operating budget is created as a goal or strategy that the company hopes to accomplish.
To know more about supply chain click here
brainly.com/question/30086410
#SPJ4
Credit default swaps are Multiple Choice an insurance product designed to protect financial institutions from customers who default on their loans. securities with a maturity of less than one year. the result of a leveling off or slowing down of stock price increases. market trades in previously issued securities.
Credit default swaps are a type of insurance created to shield financial organisations against clients who don't pay back their debts on time.
What is credit default?A default happens when a borrower is unable to make the necessary debt payments. Credit card debt, school loans, and loans secured by real estate, such a mortgage, are examples of secured and unsecured debt that can default on payments.
What are credit default swaps used for?With the use of a Credit Default Swap (Credit Default Swaps), a Credit Default Swaps (CDS), a Credit Default Swaps (CDS), a Credit Default Swap (CDS), The lender acquires a CDS from another investor who guarantees to reimburse them in the event that the borrower defaults in order to swap the default risk.
To know more about credit default swap visit:-
brainly.com/question/22312750
#SPJ4
What is an example of a free enterprise system?
A free enterprise system is an economic system based on private ownership of businesses and resources.
What does a free enterprise system look like in practice?It encourages competition and the production of goods and services at prices that are determined primarily by the forces of supply and demand in the market.An example of a free enterprise system is the United States. In the United States, individuals and businesses have the right to freely start and run their own businesses, produce and sell goods and services, and make profits.Businesses must compete with each other to offer the best products and services at the lowest prices. Consumers have the freedom to buy whatever goods and services they want and can afford.The government’s role in this system is limited to protecting the rights of individuals and businesses, regulating certain industries, and providing services that the private sector cannot provide.In the United States, the free enterprise system has helped drive economic growth and prosperity. It has also helped create jobs and given people the opportunity to pursue their dreams and ambitions.To learn more about example of a free enterprise system refer to:
https://brainly.com/question/21726130
#SPJ4
Firm A typically sees a learning percentage of 81 percent in its processes. Firm B has a learning percentage of 88 percent. Which firm has the faster learning rate
The firm B firm learns more quickly. A firm is a for-profit business entity that offers professional services, such as a corporation, LLC, or partnership.
What is the firm in economics?A company, such as a corporation, is a commercial organization that manufactures and sells products and services with the intention of producing income and turning a profit. A corporation, sometimes abbreviated as "company," is a legal designation for a collection of people with a shared objective who may be either human, legal, or a mix of the two.
A corporation is a type of business entity that is legally separate from its owners. The company structure is more involved and has higher setup and administrative costs as a result of more disclosure regulations and higher-level legal obligations.
To know more about business entity, visit:
https://brainly.com/question/28333410
#SPJ4
Is driving to work a work related expense?
If you want to travel for work, any purchases that you make which are linked to your travel can get claimed as a travel expense. But it is important to know and identify the difference between work-related expenses and personal expenses.
For example, using your vehicle to shuttle to and from work is not a travel expense.
Yet, using your vehicle for other work-related purposes is deductive. Here is a list of some of the most common work-related travel expenses that you can claim or get.
1. Price of staying in a motel, hotel, or similar type of place
2. Any meal charges, such as food and cold drinks
3. Any charges that are accidental to your travel, as long as it is overnight.
To know more about expenses:
https://brainly.com/question/29789515
#SPJ4
Underground Food Store has 4,000 pounds of raw beef nearing its expiration date. Each pound has a cost of $4.50. The beef could be sold "as is" for $3.00 per pound to the dog food processing plant, or roasted and sold in the deli. The cost of roasting the beef will be $2.70 per pound, and each pound could be sold for $6.40. What should be done with the beef, and why?
Answer: The beef should be roasted.
Explanation:
Sales revenue
Sell as is: 4000 × $3 = $12000
Processed further: = 4000 × $6.40 = $25600
Increase/Decrease in income: = $13600
Purchase cost:
Sell as is: 4000 × $4.50 = $18000
Processed further: = 4000 × $4.50 = $18000
Increase/Decrease in income: = $0
Cost of roasting:
Sell as is: 0
Processed further: = 4000 × $2.70 = $10800
Increase/Decrease in income: = -$10800
Net income = $13600 - $10800 = $2800
Since there is a net income of $2800 when they beef is roasted, therefore it should be roasted.
. Suppose Boris pays $100 to Sonya. A. We can say with certainty that the GDP has increased by $100. B. We can say with certainty that the GDP has increased, but we cannot determine the amount. C. We can say with certainty that the nominal GDP has increased, but we can't say whether real GDP has increased or decreased. D. We need more information to determine whether GDP has changed.
We need more information to determine whether GDP has changed.
A measurement called the gross domestic product aims to represent the economic output of a nation. A higher level of living can be expected in nations with larger GDPs because more commodities and services are produced there.
Due to this, a lot of people, including political figures, view GDP growth as a crucial indicator of a country's success and frequently use the terms "GDP growth" and "economic growth". However, many economists contend that GDP shouldn't be used as a stand-in for overall economic performance.
For instance, if Country B produced 5 bananas valued at $1 each and 5 backrubs of $6 each in a year, the GDP would've been $35. The GDP for Country B would've been $40 if the cost of bananas increased to $2 the next year and the amount produced remained the same.
Learn more about GDP here:
https://brainly.com/question/28375883
#SPJ4
The appropriate section in the statement of cash flows for reporting the cash payment of wages is: O Operating activities. O Financing activities. O Investing activities. O Schedule of noncash investing or financing activity.
The appropriate section in the statement of cash flows for reporting the cash payment of wages is: Operating activities
Option A is correct .
The statement of cash flow has three sections:a) Operating activities, which are the funds received and paid for in the normal course of business;
b) Investing activities, which are the funds received and paid for long-term investments or non-current assets like property; and
c) Financing activities, which are the funds received and paid for the issuance of common stock, bonds, and dividends.
With an example, what are operating activities in cash flow?The term "cash flow from operating activities" (CFO) refers to the amount of money a company receives from its regular, ongoing operations, such as manufacturing and selling goods or providing a service to customers. The entirety of a company's ongoing efforts to bring its goods and services to market are referred to as its operating activities. Non-operating activities are one-time events that aren't part of the regular, core business but could affect the company's revenues, expenses, or cash flow.
Question is incomplete,missing part is given below :
The appropriate section in the statement of cash flows for reporting the cash payment of wages is:
A. Operating activities.
B.Financing activities.
C. Investing activities.
D.Schedule of noncash investing or financing activity.
Learn more about operating activities :
brainly.com/question/14499248
#SPJ4
International comparisons of student achievement consistently found that American youngsters were faring poorly. Noting that America was losing its competitive edge in the world market, what did reformers call for
The average score for the United States was higher than the average for 10 educational systems and did not significantly differ from the average for two educational systems. The only school systems to outperform the United States were those in Singapore, Norway, and Ireland.
According to research, classroom management, teaching for learning, parent and home participation, and the conviction that all kids can learn, are the top four elements that affect student accomplishment. It has been discovered that including parents can improve how well low-income pupils adjust to middle school. also supportive educators. All the bodily changes that teenagers experience as they transition from infancy to adulthood are collectively referred to as puberty. The resources and funds used to support education systems in various countries are the main elements that influence those systems. As one might anticipate, the amount of money spent on education has a significant impact on a nation's prosperity.
To learn more about educational systems click the link below:
brainly.com/question/24147772
#SPJ4
if the price level increased from 120 to 130, then what was the inflation rate?
The inflation rate is the percentage change in the price level of goods and services over a certain period in this case, the increase in the level from 120 to 130 indicates an inflation rate of 8.33%.
This is calculated by taking the difference between the two numbers (in this case, 10) and dividing it by the original number (120), and then multiplying by 100.
130-120/120=10/120
1/12×100=8.33
Inflation is an important economic concept, as it can have a significant impact on the cost of living. When prices increase too rapidly, it can cause economic hardship for households and businesses, as they are forced to pay more for goods and services.
Learn more about inflation:
https://brainly.com/question/850547
#SPJ4
What is an example of comparison shopping?
Comparative shopping can help you get the best deal on anything from a new television to laundry detergent to a new apartment rental. This entails comparing the prices of various goods and services.
What are the components of comparison shopping?Before making a purchase decision, consumers frequently engage in the practice of comparison shopping, in which they compare the prices of multiple products from multiple retailers. Comparison shopping is particularly popular for purchases of higher-value goods and services because price is frequently a deciding factor.
What is marketing through comparison shopping?Before making a purchase, consumers engage in comparison shopping, which involves comparing the prices of products or services offered by various providers and retailers. Customers can thus compare prices to find what they believe to be the best offer.
To learn more about Comparison shopping here:
https://brainly.com/question/3610890
#SPJ4
Which of the following is true of price discrimination as a part of international pricing strategy?
A. The more competitors there are, the lesser consumers' bargaining power will be.
B. The more competitors there are, the less likely consumers will be to buy from the firm that charges the lowest price.
C. A firm may charge a higher price for its product in a country where competition is limited than in one where competition is intense.
D. Many competitors cause low elasticity of demand.
E. If a firm raises its prices above those of its competitors, consumers will refuse to switch to the competitors' products.
C. A firm may charge a higher price for its product in a country where competition is limited than in one where competition is intense is true of price discrimination as a part of international pricing strategy.
This is called first-degree price discrimination, when a firm charges different prices for the same product to different customers based on their willingness to pay. In a country where competition is limited, a firm may charge a higher price as consumers may have less bargaining power and less alternatives to choose from. While, in a country where competition is intense, the firm may charge a lower price to compete with other firms and increase market share. The other statements are not always true and are determined by the market conditions and the firm's pricing strategy.
Find out more about firm's pricing strategy
brainly.com/question/27500370
#SPJ4
A performance appraisal serves all of the following purposes except which of the following?
Select one:
a. It allows the employee to see where he or she ranks against all the other employees in the company.
b. It lets workers know how they can do better in the future.
c. It provides an effective basis for distributing rewards.
d. It lets workers know how well they are doing.
e. It helps the organization monitor its employee selection, training, and development activities.
Option e is correct. Performance appraisals helps organizations oversee employee selection, training and development activities.
Performance appraisals are used to ascertain an employee's performance over a period of time. These ratings are used to highlight both strengths and weaknesses to improve future performance. The term “performance evaluation” refers to the regular review of an employee's job performance and overall contribution to the organization. Performance appraisals, also known as annual reviews, performance appraisals or evaluations, or employee appraisals, assess an employee's skills, achievements, and growth, or lack thereof.
Organizations use performance reviews to provide employees with comprehensive feedback on their work and to justify raises and bonuses, as well as termination decisions. It can be done at any time, but is typically annual, semi-annual, or quarterly. Performance appraisal is the regular evaluation of an employee's performance and contribution to the organization.
Know more about development here:
https://brainly.com/question/28011228
#SPJ4
he auditors have some uncertainties, but these uncertainties are not so material that they cannot form an opinion on the fairness of presentation of the financial statements as a whole. B. The auditors have observed a departure from generally accepted accounting principles that is so material and pervasive that a qualified opinion is not justified. C. The auditors have observed a departure from generally accepted accounting principles but the departure is not of sufficient materiality to justify a qualified opinion. D. The auditors cannot form an opinion on the fairness of presentation of the financial statements as a whole.
Answer:
D. The auditors cannot form an opinion on the fairness of presentation of the financial statements as a whole.
Explanation:
The issue of a disclaimer of opinion normally represent that the auditor could not able to form the opinion on the fairness of the financial statements that shows the financial position and the condition of the company.
He is not able to give his opinion for the company financial statements
So, the last option would be correct
And, the rest of the options would be incorrect
Refer to Figure 6-18. The per-unit burden of the tax on sellers is
a. $6.
b.8
c.10
d. $14
The per-unit burden of the tax on sellers is $6, and the answer is a. The equilibrium price before tax is $16 per unit and is received by sellers.
What do you mean by price burden?
Burden costs, which can increase the price of manufacturing a product, are expenses that aren't readily apparent (such as labor or inventory). The manufacturing of a product is not directly tied to overhead expenses.The burden rate is the entire cost to a business of employing and keeping one employee, in addition to their direct remuneration in salaries. The burden rates will cover a variety of expenses, including training, perks, sick time, and pension payments.The burden rate is the percentage of burden (overhead) that is applied to each dollar of pay. The burden rate, for instance, is $0.25 per $1.00 of salary if an individual's annual benefits and payroll taxes total $20,000 and his wages are $80,000.To know more about burden cost here
https://brainly.com/question/15087537
#SPJ1
Inflation that occurs when total spending is greater than the economy's ability to produce output at the existing price levels is
However, "demand-pull" inflation occurs when this increase in demand exceeds an economy's production capacity and puts a strain on resources.
Which four kinds of inflation are there?There are four distinct types of inflation based on speed: hyperinflation, galloping, walking, and creeping.
What exactly is cost-push inflation, exactly?Cost push inflation is when prices for inputs like labor, raw materials, and so on rise. The supply of these goods decreases as a result of the increased cost of the production factors.
When does inflation happen?When the cost of goods and services rises steadily over a long period of time, you lose your ability to buy them. There are many things that can cause high inflation. However, economists frequently classify the underlying causes into two groups: Cost-push inflation and demand-driven inflation.
To learn more about demand-pull here:
https://brainly.com/question/14463328
#SPJ4
Assume that you had $130,000 in the bank and you wanted to use it to bum around Europe for as long as you could. If your account earned a 10% annual rate of return, how long would that amount provide you with an annual income of $20,000 per year
At a withdrawal rate of $20,000 per year, your original investment of $130,000 would last 7.2 years, assuming a 10% annual rate of return.
What is the Rate of return?The net gain or loss of a property over a certain time period stated as a percentage of the investment's starting cost is known as a rate of return (RoR). You determine the percentage difference from the start of the period to the end when computing the rate of return.
To determine how long $130,000 would last, assuming you are withdrawing $20,000 per year and earning a 10% annual rate of return, you would need to use the formula for the time it takes for an investment to double:
The time it takes to double = 72 / rate of return (in percentage)
Given a 10% rate of return, it would take 7.2 years for your $130,000 to double.
So, at a withdrawal rate of $20,000 per year, your original investment of $130,000 would last 7.2 years, assuming a 10% annual rate of return.
To know more about the Rate of return, visit:
brainly.com/question/24301559
#SPJ4
why have tech firms with near monopolies in their own sectors sought to compete with tech firms that have extremly strong, near-monopoly positions in other secots
When IT corporations decided to join other areas where there were exiting near monopolies, they had access to a lot of cash, well-known status in the industry, etc.
What is monopoly?According to Chaim Fisher, a monopoly is a market where there is "no competition," which results in a scenario where one person or business is the only supplier of a given good or service.
Tech companies with almost monopolies in one area join markets with nearly monopolized tech because entry barriers are lower and financing is also more readily available. There are several benefits, such as the less certain entry barrel readers of the company's needed transformations and the market that will be formed with the already existing famous.
To know more about monopoly, visit:
https://brainly.com/question/5832236
#SPJ4
Identify some of the ways businesses will adapt to a minimum wage in the long run.
Correct Answer(s)
reduce work hours
use machinery instead of workers
move their business to countries not bound by minimum wage law
Incorrect Answer(s)
offer better customer service to make up for the higher labor costs
There are three methods in which employers might respond to paying greater wages: by raising pricing, accepting lower profits, or offsetting.
What effects will a rise in the minimum wage have on businesses?Costlier products: An increase in the minimum wage raises your overhead expenses, which could lead to a higher price point being passed on to customers. This might eventually result in higher living expenses and more increases to the minimum wage.
What are the minimum wage's advantages and disadvantages?Entry-level jobs, training, and lifetime earnings are all affected by minimum wages. A minimum wage is frequently suggested by policymakers as a way to increase earnings and pull people out of poverty. However, increases in certain young employees' wages due to
To know more about pricing visit:
https://brainly.com/question/13289011
#SPJ4
What is economic equality answer in one word?
According to the question, equality is the answer of economic equality a in one word
What is the equality?
Being equal in position, rights, and opportunity is the state of equality. It is the idea that all people should have the same access to social, economic, and political resources, regardless of their race, gender, ethnicity, sexual orientation, or any other personal characteristics. Equality ensures that everyone is treated fairly and with respect. Equality allows for individuals to make the most of their talents and strengths, and it promotes diversity and inclusion. Equality is the essential to achieving social justice and creating a more equitable society.
To learn more about equality
https://brainly.com/question/1296408
#SPJ4
A transaction that is likely to cause an increase in a current liability is:
a. payment of accrued wages.
b. accrual of interest expense.
c. depredation of equipment.
d. accrual of bad debts expense.
Depreciation of equipment is a transaction that is likely to result in a rise in a current liability.
A corporation's or an individual's present obligation originating from a previous incident, from which the firm or individual expects to derive future financial advantage, is known as a liability. Liability is essentially split into current and non-current obligations. Non-current liabilities are the existing debts a company or person owes as a result of previous events from which it expects to get future economic benefits over a period longer than a year. Debentures, long-term loans, deferred taxes, etc. are some examples. The present debt owed by a company or person as a result of a previous incident from which they hope to receive future financial gain is known as a current liability.
Learn more about liability from
brainly.com/question/14921529
#SPJ4
Which of the following is a function of elder care benefits offered by organizations?
A) direct financial assistance
B) tax exemptions on medical bills of the dependent elders
C) setting up elderly care facilities close to the workplace
D) information,referrals,and support
E) providing vouchers and discounts to help employees access the existing elderly care facilities
a function of elder care benefits offered by organizations is that they provide information, referrals, and support.
Information, referrals, and support are some of the elder care services these organizations offer.
In the elder care sector, there is a lot of information gatekeeping, making it difficult to access resources. She and her staff work as a conduit to that information for the benefit of the members.
Care Specialists often have two to four phone contacts with a member to discuss various subjects, which can span from hospitalisation to discharge from a rehab facility, because elder care needs can change so quickly. Additional calls are frequently required as circumstances alter, making this a long-term collaboration between the Care Specialist and the member.
Employees who are overwhelmed and attempting to figure out care choices for elderly family members find it difficult to concentrate at work, which is understandable. Giving your employees access to elder care resources, such as Care Specialists, can have a big influence on their life and increase their productivity while also bringing them much-needed peace of mind.
To know more about elder care benefits, click the below link
https://brainly.com/question/29680529
#SPJ4
Examples of key elements of the global segment of the general environment include which of the following
Examples of key elements of the global segment of the general environment include economic factors, Political and legal factors, Demographic factors, Natural and physical factors, Cultural factors, and Geographical factors.
- Economic factors such as exchange rates, inflation rates, and growth patterns of the global economy.
- Political and legal factors such as government regulations, trade agreements, and political stability.
- Technological factors such as advances in technology and the prevalence of the internet and social media.
- Demographic factors such as population growth, aging, and migration patterns.
- Natural and physical factors such as climate change, natural disasters, and access to natural resources.
- Cultural factors such as language, customs, and beliefs.
- Geographic factors such as regional economic integration and access to different markets.
It's worth noting that the global environment can have a significant impact on a business, and companies need to be aware of and adapt to changes in this segment of the general environment in order to be successful. Understanding these key elements can help a company to identify potential opportunities and threats and make strategic decisions accordingly.
Learn more about the global segment of the general environment. here:https://brainly.com/question/8619503
#SPJ4
What are the cons of a mixed market for most citizens?
Cons of a Mixed Economy :: 1. Less Predictability: It can be difficult to predict the direction of a mixed economy, since both the public and private sector are involved in making decisions.
2. Inequality: The private sector may produce more wealth, leading to increased inequality and social unrest.
3. Limited Government Control: Government intervention in a mixed economy is limited, which may lead to an inefficient allocation of resources.
4. Market Failure: The private sector may not always act in the best interest of the public, leading to market failure and economic instability.
To know more about mixed market here
https://brainly.com/question/21629333
#SPJ4
Which of the following is not a risk normally associated with Bottom of the Pyramid strategies?
A. A low-end version of a brand may detract from the overall brand attractiveness.
B. The new low-cost products they develop may cannibalize the sales of their core products.
C. Entrenched competitors can impact the ability of the new firm to enter the market successfully.
D. New products may be perceived as exploiting the privileged customer with substandard products.
New products may be perceived as exploiting the privileged customer with substandard products is not a risk normally associated with Bottom of the Pyramid strategies.
Hence, Option D is correct
BOP, when used in a broader sense, refers to a market-based approach to economic growth that aims to simultaneously reduce the world's widespread poverty while generating growth and financial success for multinational corporations (MNCs). Topics that are related to poverty include income market economies and wealth distribution.
Companies that employ effective marketing tactics can access fortunes at the base of the pyramid while also making a positive impact on this sizable population's quality of life. Bottom-of-the-pyramid marketing focuses on offering the low-income market quality and value for their money. Businesses can look for opportunities in BoP markets to further their corporate social responsibility (CSR) goals and/or to benefit from factors like increased profits, using BoP markets to test goods and services created using new technologies, etc.
To know more about BOP strategies here
https://brainly.com/question/15730413
#SPJ4
g Many impoverished nations struggle with diseases like malaria. How would a reduction in or elimination of malaria contribute to long-run economic growth
The reduction in malaria would cause better health prospect for the individuals who are working towards nation building in some or the other way.
It is well known that a healthy body will provide healthy results rather than a person who is trying to work all day but is sick. It is because when the mind and body are healthy, they look for productivity and creativity which are the stars of developing towards better goals. A working adult who is healthier misses fewer days of work and is thus more productive. Same is for the child, who is able to perform well in exams and sports only because of good health. Thus, nation building relies on healthy individuals who act as assets. Malaria degrades the health of many individuals and so reducing such diseases which traps many people in one go must be eliminated as soon as possible.
Learn more about nation building at:
brainly.com/question/1171548
#SPJ4