BUSINESS ADMINISTRATION
MARKETING MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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In an economic system, the decision to hire more employees in order to make more products is answering which economic choice?
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What to produce?
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For whom to produce?
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How to produce?
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When to produce?
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Explanation:
Detailed explanation-1: -Agent-An intermediary who does not take title to merchandise but facilitates exchanges by bringing buyers and sellers together.
Detailed explanation-2: -Why is marketing important in a demand-driven economy? Consumers have lots of choice. There is competition for customers. Supply often exceeds demand.
There is 1 question to complete.