All of the following are reasons to consider adding REITs to client's portfolio except the reasonable income from mortgage REITs.
What is mortgage?A home, a piece of land, or any other real estate asset may be purchased or maintained with the help of a mortgage, which is a sort of loan. The borrower agrees to make regular payments to the lender, usually in the form of a number of installments split into principal and interest. After that, the asset is used as loan collateral. Before applying for a mortgage, borrowers must make sure they meet a variety of conditions, including minimum credit ratings and down payments. Before closing, mortgage applications go through a protracted underwriting procedure. Mortgages allow both individuals and corporations to purchase real estate without having to pay the entire purchase price up front.
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Coins in people's pockets and purses areO included in M2 but not in M1O included both in M1 and in M2. iO ncluded in M1 but not in M2. O excluded from M1 and M2 because people can exchange them for Federal Reserve notes.
Coins in people's pockets and purses are: included both in M1 and in M2. Coins held in commercial banks are: not part of the nation's money supply.
What is meant by commercial banks?
A commercial bank is a type of financial institution that accepts public deposits and grants borrowers loans for profit-making investments and consumption.To distinguish it from a retail bank and an investment bank, it can also refer to a bank, or a section of a big bank, that works with corporations or a large/middle-sized firm.Due to variations in bank regulation, the term "commercial bank" was frequently used in the United States to distinguish it from an investment bank.After the Great Depression, the U.S. Congress passed the Glass-Steagall Act, which limited the activities of investment banks to the capital markets and mandated that commercial banks only conduct banking business.To learn more about commercial banks refer to
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Business process reengineering is a tool for
O radically redesigning and streamlining how an activity is performed, with the intent of achieving quantum improvements in performance
O using Six Sigma techniques to reduce the errors and defects in performing value chain activities
O avoiding the shortcomings of a fragmented functional organization structure by reorganizing a company's entire business operation into a series of process departments and charging each process department with full responsibility for performing all aspects of a particular value chain activity
O expediting the redesign of existing products and shortening the design-to-market cycle
O instituting total quality management of all value chain activities
The correct response is c. avoiding the shortcomings of a fragmented functional organization structure by reorganizing a company's entire business operations into a series of process departments and charging each process department with full responsibility for performing all aspects of a particular value chain activity.
Harvesting value from a company's assets is what business operations are. Assets may be tangible or intangible. Rent is a prime example of value that comes from a tangible asset, like a building. A royalty is an illustration of value that is derived from an intangible asset, such as an idea. Business operations cycles are the amount of work required to "harvest" this value. Everything that takes place inside a firm to keep it operating and making money is referred to as "business operations" in the general sense. In order for the firm founders to comprehend the systems, tools, personnel, and procedures required to run the business, business plans frequently include a part devoted to operations.
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a ________ is a network of activities for accomplishing a business function.
A) workgroupB) task forceC) business portfolioD) business process.
A network of operations is referred to as a business process when carrying out a certain function. So, the right option is D.
A business process is a group of related tasks that culminate in the supply of a service or good to a customer. A business process is sometimes described as a sequence of actions and jobs that, when finished, result in the accomplishment of an organisational objective. Common business processes include, for example:
Sales and marketing procedures: These procedures include generating leads, qualifying leads, and closing transactions in order to draw in and convert them into clients.
Production processes: These processes create or manufacture items, and they include tasks like locating resources, putting components together, testing, and quality assurance.
Overall, business procedures are crucial to running a successful organisation because they ensure that work is carried out properly and efficiently and that the company is accomplishing its objectives.
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Demand and Supply Practice Use economic analysis to determine what happens to the price and quantity of cereal in each scenario Change Graph Economic Analysis 1. Draw and Label Equilibrium: 2. The Change: The workers who produce Supply or Demand cereal go on strike. Increase or Decrease Shifter input After Price Quantity 1. Draw and Label Equilibrium: The economy goes into a 2. The Change: recession causing incomes to decrease Supply or Demand (Assume cereal is a Increase or Decrease normal good). Shifter income After Price Quantity 1. Draw and Label Equilibrium: The price of milk, a 2. The Change: complement to cereal, Supply or Demand decreases (Analyze Increase or Decrease cereal). Shifter 3. After: Price T__Quantity 1. Draw and Label Equilibrium: The price of wheat and 2. The Change: corn, key resources in the Supply or Demand production of cereal, Increase or Decrease decreases Shifter i ts 3. After: Price Quantity 7 1. Draw and Label Equilibrium: 2. The Change: Cereal producers increase Supply or Demand the price of cereal. Increase or Decrease Shifter input 3. After: Price Quantity 1. Draw and Label Equilibrium: A reputable private 2. The Change: research institute announces that children Supply or Demand who eat cereal improve Increase or Decrease their grades in school. Shifter 3. After: Price Quantity 1. Draw and Label Equilibrium: The government places a 2. The Change: per-unit tax on cereal Supply or Demand manufacturers. Increase or Decrease Shifter 3. After: Price Quantity_
The graphs of equilibrium for each scenario are attached.
Equilibrium refers to the state in which market supply and demand balance each other, and as a result prices become stable. For each of the scenarios:
1. the Change happens in supply which decrease; shifter is availability of resource. After price increases quantity decreases.
2. the Change happens in demand which decreases; shifter is income. After price decreases quantity decreases.
3. the Change happens in demand which increases; shifter is price of related goods. After price increases quantity increases.
4. the Change happens in supply which increase; shifter is price of resource. After price decreases quantity increases.
5. the Change happens in supply which decrease; shifter is none. After price increases quantity decreases.
6. the Change happens in demand which increase; shifter is taste and preference. After price increases quantity increases.
7. the Change happens in supply which decrease; shifter is government tax. After price increases quantity decreases.
Note: The question is incomplete. The complete question probably is: Use economic analysis to determine what happens to the price and quantity of cereal in each scenario. 1. Draw and label equilibrium. 2. Indicate the Change: Supply or demand; increase or decrease; shifter. 3. After price ___ quantity ___. 1. The workers who produce cereal go on strike. 2. The economy goes into recession causing incomes to decrease (Assume cereal is a normal good). 3. The price of milk, a complement to cereal decreases. 4. The price of wheat and corn, key resources in the production of cereal decreases. 5. Cereal producers increase the price of cereal. 6. A reputable private research institute announces that children who eat cereal improve their grades in school. 7. The government places a per-unit tax on cereal manufacturers.
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What is NIST guidelines?
The U.S. Department of Commerce's NIST is the National Institute of Standards and Technology.
The NIST Cybersecurity Framework assists companies of all sizes in comprehending, managing, and reducing their cybersecurity risk as well as safeguarding their networks and data. The Framework is an optional one.
The U.S. Department of Commerce's NIST is the National Institute of Standards and Technology. The NIST Cybersecurity Framework assists companies of all sizes in comprehending, managing, and reducing their cybersecurity risk as well as safeguarding their networks and data. The Framework is an optional one.
NIST recommendations are frequently created to assist organizations in meeting particular regulatory compliance needs. For instance, NIST has specified nine stages for complying with FISMA: Sort the information and data you need to secure into categories. Establish a baseline for the bare minimal measures needed to safeguard that data.
The NIST Security Framework has five domains. The NIST framework's five areas serve as the cornerstones for building an all-encompassing, effective cybersecurity strategy. They include recognize, safeguard, detect, react, and recover.
The integrity and safety of the data within your firm as well as the data belonging to your clients are protected by compliance standards and frameworks like ISO 27001 and the NIST CSF. However, these laws aren't equivalent, and it's not always clear which one is most crucial to your company.
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Which of the following would an NSA professional most likely need?
The thing that NSA professional would most likely need is D.a bachelor’s degree.
Which degree is required for the NSA?Degrees in anthropology, foreign languages, government, history, international relations, law, library and information science, linguistics, and political science are among the many liberal arts degrees that are valuable inside NSA.
In order to support national security and foreign policy, the NSA gathers and processes data regarding the covert communications of foreign adversaries. It also exists to safeguard the integrity of national communications infrastructure.
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missing options:
A. a high school diploma
B.a high school diploma and some training
C. a certificate
D.a bachelor’s degree
Stockholders equity consists of which of the following? O Long-term assets. O Paid-in capital and retained earnings. O Paid-in capital and par value. O Retained earnings and cash.
A. Shareholders equity consists of paid-in capital and retained earnings.
Shareholders' equity, also known as stockholders' equity, is the ownership interest that shareholders have in a company. It is calculated by subtracting the company's total liabilities from its total assets.
Shareholders' equity consists of two main components: paid-in capital and retained earnings. Paid-in capital is the amount of money shareholders have invested in the company by purchasing shares of stock.
Retained earnings are the profits that the company has earned, which are then reinvested into the company to finance growth and expansion.#
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What is borrowing money called?
Principal refers to the amount of money borrowed or invested. The principal is the initial loan amount when you take out a loan.
The principal, minus any accrued interest and fees, becomes the loan's outstanding balance as you pay off that debt.
An individual or other entity incurs debt in the form of a loan. A sum of money is advanced to the borrower by the lender, typically a government agency, financial institution, or corporation. The borrower agrees to a set of conditions in return, including any finance charges, interest, and repayment date.
Which two kinds of borrowing are there?backed loansunsecured loansTo learn more about Principal here:
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The primary difference between ERP systems and Lean is:
O ERP is a philosophy while Lean is a software system
O ERP systems cannot be used with services while Lean can
O Lean systems focus only on business processes while ERP focuses on waste
O ERP systems are typically push systems while Lean is a pull system
The primary difference between ERP systems and Lean is ERP systems are typically push systems while Lean is a pull system.
The integrated management of key business operations, sometimes in real time, is called integrated management software (ERP). The term "ERP" generally refers to a class of business management software that includes a set of integrated applications that can be used by an organization to collect, store, manage, and interpret data from various commercial activities.
ERP systems can operate locally or in the cloud. Since information can now be easily accessed from anywhere with an internet connection, cloud-based applications have gained popularity in recent years. Former on-premises ERP solutions are now considered obsolete technology.
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Do you think that the new degree is worth the investment? explain your reasoning.
It appears to be a reasonable investment considering that he will work a further 4 years and earn $21,000 more annually for a total of $84,000.
What was the solution's underlying philosophy?Growth investing is a style of investment strategy focused on capital gains. Following this method, growth investors buy stock in companies that exhibit above-average growth even when the share price appears to be high based on metrics like price-to-earnings or price-to-book ratios.
Jesse will spend $111,000 on expenses linked to his degree: The expense of college plus three years of losing half of his income is three (27,00) + 30,000. He will earn $21,000 more after earning his degree, thus it will take him little over 5 years to make back his investment. Given that it suggests he will work for an additional 4 years and earn $21,000 more each year, or $84,000 in total, it seems like a wise Investment.
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The right question is
Jesse works for an engineering firm earning $54,000 per year. Jesse is 53 years old and plans on retiring at age 65. He?s considering working part-time so that he can work on another degree. His new degree would take him 3 years to earn and cost a total of $30,000. After getting the degree, Jesse will make $75,000 per year.
Do you think that the new degree is worth the investment? Explain your reasoning.
The reward-to-volatility ratio is given by _________.
A. the slope of the capital allocation line
B. the second derivative of the capital allocation line
C. the point at which the second derivative of the investor's indifference curve reaches zero
D. the portfolio's excess return
Answer:
A.the slope of the capital allocation line
The reward-to-volatility ratio is typically calculated as the excess return divided by the portfolio's volatility or standard deviation. Hence, Option (D) is correct.
The reward-to-volatility ratio, also known as the risk-adjusted return, is a measure that assesses the return earned by an investment relative to its volatility or risk.
It provides a way to compare different investments or portfolios by considering both the potential returns and the associated risks.
The excess return refers to the return on the investment above a risk-free rate or benchmark. By dividing the excess return by the portfolio's volatility, one gets a measure that considers the risk taken to achieve the return.
Thus, the reward-to-volatility ratio focuses on the excess return of the portfolio relative to its volatility.
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Which of the following best defines the 'Cost Recovery Rule'?
A) The cash value, plus the sum of the premiums paid, equals the equity in the contract.
B) The face amount, less the cash value, equals the equity in the contract.
C) The face amount, plus the cash value, equals the equity in the contract.
D) The cash value, minus the sum of the premiums paid, equals the equity in the contract.
Correct answer is The cash value, minus the sum of the premiums paid, equals the equity in the contract.
What is the fee recovery rule?The cost recovery technique is a way of recognizing and classifying income in accounting. When the usage of the price healing method, a business doesn't record earnings associated to the sale of its services until the cash accrued from a patron exceeds the value of the offerings rendered.
What is the cost recovery rule in adjustable existence policy called?Under the cost recuperation rule of IRC §72(e), amounts acquired from a life insurance contract that is no longer classified as a MEC are first regarded to be a non-taxable healing of the owner's “investment in the contract” and only amounts acquired in excess over the funding in the contract are regarded taxable.
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https://brainly.com/question/30141645#SPJ4a point, as defined in the real estate market, is ____ percent of the loan amount.
A point in the direct real estate request is equal to one percent of the loan quantum.
This means that if a buyer has a loan of$,000, one point would equal$,000. A point is also appertained to as a" reduction point" or" fabrication point" and is frequently used to reduce the interest rate of a loan. A borrower generally pays for these points outspoken, and the quantum is generally divided between the buyer and the lender. The buyer pays for the points to reduce the interest rate of the loan, while the lender takes the points as compensation for forming the loan. In some cases, the buyer may choose to finance the points, meaning they would be included in the loan quantum and paid back over time. Points are one way to reduce the cost of a loan, and may be salutary for borrowers who plan to stay in the home for a long time.
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What are the 7 Scrum artifacts?
Agile scrum artifacts are information that a scrum crew and stakeholders use to detail the product being developed, movements to produce it, and the movements carried out at some stage in the project. The major agile scrum artifacts are product backlog, sprint backlog, and increments.
What is the most essential artifacts in scrum?The product increment is often notion of as the most indispensable of the three artifacts of Scrum. It's the model of the product that will be delivered at the stop of every sprint. While the dash backlog outlines what should be executed within a sprint, the product increment important points the effect of all that work.
If you carefully scrutinize scrum, you will locate again and again the three pillars of empirical system control: transparency, inspection, and adaptation.
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https://brainly.com/question/29063911#SPJ4most commercial ________ include(s) an online catalog, a shopping cart, and a secure order form.
most commercial e-commerce hosting packages include(s) an online catalog, a shopping cart, and a secure order form. Customers may explore and store products they're thinking about buying in the shopping cart.
On the website of an online retailer, a shopping cart is a piece of software that makes it easier to buy a good or service. It arranges the delivery of the customer's payment information to the merchant, payment processor, and other parties in addition to accepting the customer's payment. With the exception of Florida, the majority of states in the North and West use the phrase "shopping cart," whereas the South prefers the term "buggy." A sort of software called an online shopping cart enables clients to make purchases from your business or shop by keeping track of the goods they want to buy later.
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Finance and financial planning professionals have to work with clients on a ____ basis:
Finance and financial planning professionals have to work with clients on a comprehensive basis.
Where does financial planning get its inspiration from?Taking a close look at your financial condition and developing a strategy to achieve certain objectives are both parts of financial planning. Making a budget, setting aside money for emergencies, eliminating debt, and focusing on long-term goals are some of the most crucial aspects of financial planning.
What steps are involved in a professional financial plan?In order to design and put into practice solutions to help clients manage their financial affairs and achieve their life objectives, financial planners follow a set of procedures known as the financial planning process.
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In recent years, the __________ certification program has added a set of concentration exams.
A) ISSEP
B) ISSMP
C) ISSAP
D) CISSP
In recent years, the D) CISSP certification program has added a set of concentration exams.
The independent information security certification known as CISSP is provided by the International Information System Security Certification Consortium, or (ISC)2 (Certified Information Systems Security Professional).As of January 2022, there are 152,632 (ISC)2 members who have earned the CISSP credential.In June 2004, the CISSP designation received accreditation under ANSI ISO/IEC Standard 17024:2003.Additionally, the DoDD 8570 certification requirement in the categories of Information Assurance Technical (IAT), Managerial (IAM), and System Architect and Engineer (IASAE) has obtained official clearance from the U.S. Department of Defense (DoD). The UK National Academic Recognition Information Centre classified the CISSP certification as a Level 7 award in May 2020, which is the same level as a Masters degree.The change will permit cyber
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Relative to the functional structure, the divisional structure:
O results in an efficient use of resources.
O has a more pronounced division of labor.
O has excellent coordination across departments.
O has a higher degree of work specialization.
O encourages decentralization.
Relative to the functional structure, the divisional structure encourages decentralization.
Decentralization or decentralization is the process by which an organization's operations are decentralized or delegated from a central, authoritative place or group, particularly those relating to planning and decision-making. According to a United Nations Development Program report, systems theory is commonly used by those who study goals and processes for implementing decentralization.
This approach looks at decentralization in terms of a 'whole system', including levels, areas, sectors and functions, leaving the community level at the community level where a holistic definition of development goals comes from the people themselves and supports them. considered the most practical place to do so.
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Do matured savings bonds earn interest?
I bonds and some EE and HH bonds are the only savings bonds that still pay interest even after maturing.
The issuing date must be considered in certain cases. For 30 years from the date of issuance, EE and I bonds pay interest. HH bonds bear interest for 20 years after the date of issuance. Certainly, for a Series EE or Series I savings bond.
You will receive a tax form when you cash the bond or after it matures, whichever comes first, for a Series HH savings bond that accrues deferred interest. Bonds from the other, older series are not taxable when redeemed since interest is no longer accrued on them.
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What is used in monetary policy to affect the economy as a whole?
Answer:
Monetary policy is the process by which the central bank (e.g. the Federal Reserve in the United States) uses its monetary tools to influence the supply of money and credit in the economy in order to achieve its objectives, such as stable prices, maximum employment, and moderate long-term interest rates.
There are several tools that the central bank can use to affect the economy as a whole through monetary policy:
Interest rates: The central bank can adjust the target federal funds rate, which is the interest rate at which banks lend and borrow overnight funds from each other, in order to influence the cost of borrowing money in the economy.
Reserve requirements: The central bank can adjust the percentage of deposits that banks are required to hold in reserve, which can affect the amount of money that banks have available to lend.
Open market operations: The central bank can buy or sell government securities in the open market in order to increase or decrease the supply of money in the economy.
Discount rate: The central bank can adjust the discount rate, which is the interest rate at which banks can borrow money from the central bank, in order to influence the cost of borrowing money in the economy.
A state property x has a value 89. 6 units. It undergoes the following changes: first increase by 3. 6 units, then increase by another 18. 7 units, then decrease by 12. 2 units and finally attains a value of 85. 5 units. The value for this series of change is.
State property is a property that depends only on the state variables and does not depend on the path taken to reach that state, like pressure, volume, temperature, internal energy, etc.
What is the meaning of state Property?Only the system's beginning and ending states affect state property. Complete response: State characteristics are those aspects of thermodynamics that are independent of the direction a thermodynamic process takes.
The collection of statutory as well as informal rights to access and transfer resources makes up property rights. Open access to a fully described set of private rights is an example of property rights.
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Economic indicators can help give us O a direction in which economists can push the economy at the macro level.O insight into which way the stock market is going to move over the coming year. O an understanding of the state of the economy.
Economic indicators can help give us (d).an understanding of the state of the economy is the correct option.
Economic indicators are primarily used to provide information on the state of an economy. Economic indicators give information to analysts, traders, and investors that they can use to find new possibilities and modify their portfolios.
An economic indicator is a piece of data that analysts use to analyze existing or potential investment opportunities. These data are often of a macroeconomic scale. The general health of an economy can also be determined using these measures.
Economic indicators can shed light on the state of the economy as a whole. Reports on American economic indicators are published by a number of government departments and organizations. Additionally, business and market magazines as well as websites frequently publish news on economic indicator after its publication.
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Conflicts related to how the work gets done are called ________ conflicts.A) communicationB) taskC) jobD) relationshipE) proces
b) Conflicts related to how the work gets done are called task conflicts
Task conflicts are disagreements between individuals or teams regarding how work should be done. They can arise when stakeholders have different ideas or opinions about the best approach for completing a project or task.
Task conflicts can occur due to different levels of knowledge or expertise, different opinions on the best way to utilize resources, or when teams have different objectives. For example, if a team is trying to meet a deadline but one member of the team is working slower than the others, this could lead to a task conflict.
Additionally, if someone believes their approach is the most efficient or effective, but other team members have different opinions, this could also lead to a task conflict
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What are the steps of an iterative development process?
The 5 steps of the iterative process, Planning and requirements, Analysis and design, Implementation, Testing and Evaluation and review
What is the iterative development process?Iterative development is a method of breaking down a major application's software development into smaller parts. Iterative development involves designing, developing, and testing feature code in cycles. Additional features can be created, developed, and tested with each iteration until a completely functional software product is ready to be released to clients. Iterative development is frequently used in conjunction with incremental development, in which a lengthy software development cycle is divided into smaller portions that build on each other. Agile development approaches emphasize iterative and incremental development.
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These in some way reprocess a product or service they buy before selling it again to the next buyer
Before selling it to the next customer, industrial companies reprocess the goods or services they have purchased in some way.
Some of the biggest American businesses are in the industrial goods sector. Included are General Electric, Honeywell, Boeing, Union Pacific, Caterpillar, 3M, Dow Chemical, and so on. An industrial company is a business that produces capital goods, which are typically utilized in manufacturing or construction. According to the data, Amazon Business will surpass all other industrial distributors in the United States in terms of sales volume by 2021, given the proportion of products in the category of industrial supplies that are sold on the platform and our growth predictions. Obtaining raw materials is the primary function of the mining, agricultural, and fishing industries. Manufacturing includes producing things like steel and autos in the secondary industry. Teaching and nursing are examples of tertiary sectors that offer a service. IT is an example of a research and development industry in quaternary industry.
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Restricting retained earnings for the cost of treasury stock purchased is a:
A. contractual restriction.
B. voluntary restriction.
C. stock restriction.
D. legal restriction.
Restricting retained earnings for the cost of treasury stock purchased is a option D. legal restriction.
Retained earnings are often listed in the stockholders' equity portion of a firm's financial statements. The introductory retained earnings are utilized to determine interest income, that are then contributed to net revenue (or loss) and deducted from dividend payments. The amount of revenue a business keeps despite covering all of its expenses, including direct and indirect tax payments, and dividends paid to shareholders is known as retained profits.
Legal restrictions provide limits on the kinds of operations that an agency's administrator is allowed to carry out. As stated in the OECD Recommendation on Structural Separation, these limitations may be structural in the sense that they prevent a company from operating in a certain industry.
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What's a good way to improve customer retention?
The process of improving a company's rate of recurring customers and getting more value out of existing customers is known as customer retention.
Explain the ways to increase customer retention?You want to make sure the clients you've invested so much effort to get will stick around, enjoy doing business with you, and continue to find value in your offerings.
In order to boost client retention, consider the following top advice and tactics:
Utilize client accounts: By providing customers with immediate access to prior orders including pre-filled shipping information, accounts can make repurchasing simpler.Boost your client service: Support systems assist you in providing your clients with the appropriate level of support and in dealing with them efficiently.Launch a customer loyalty for customers: Because they encourage customers to make more frequent purchases in order to accrue lucrative rewards, brand loyalty programmes, also known as customer retention programmes, are an efficient strategy to raise buy frequency.Publish interesting emails: Using emails, you may establish a strong relationship with your customers both before and after their initial purchase.To know more about the customer retention, here
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The best way to improve customer retention are- Utilize client accounts. Boost your client service. Launch a loyalty program for customers. Publish interesting emails. When the initial purchase is made, send a discount. Obtain client feedback.
Customer retention refers to the process of increasing a business's percentage of repeat customers and maximizing the value of current clients. Keeping customers from switching to a competitor, happy with a company's services, and making repeat purchases is called customer retention. Making sure the customers you've worked so hard to win over will stick around, enjoy doing business with you, and continue to respect your products is important. Focusing on customer retention offers the following advantages: Increased earnings, better relationships with brand ambassadors, higher average order value, and more cost-efficient selling to existing consumers.
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The ______ segment of the general environment consists of influences from foreign countries, including market opportunities, foreign-based competition, and expanded capital markets.
The competitive environment is made up of elements including rival businesses, clients, and suppliers.
What is the straightforward meaning of capital?Capital: What Is It? A mill and its equipment, copyrights like patents, or indeed the cash assets of a company or a person are all examples of things that provide benefits or value they are valuable to their owners and fit the broad definition of capital.
What does capital mean?Capital. The term "capital" was first used in early To mid English as an adjective denoting something "of or connected to the head." It derives from the same meaning Latin adjective capitalis, which is predicated on the Latin word for "head," caput.
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What is entrepreneurial marketing strategies?
Entrepreneurial Marketing is especially important to support the rapid growth of resource-constrained firms in dynamic industrial markets.
One approach to distinguish oneself from rivals is by emphasizing cutting-edge items or superior customer service.In booming industrial industries, entrepreneurial marketing is especially crucial to assisting resource-constrained businesses in expanding quickly. For businesses, marketing transforms into an entrepreneurial activity that necessitates a creative strategy and involves utilizing others' resources through partnerships.Innovative, risk-taking and proactive behaviors are all part of entrepreneurial marketing.To know more about marketing here
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if demand hardly changes with a small change in price, the demand is said to be ________.A. equalB. marginalC. inelasticD. elastic
Inelastic demand is when demand hardly changes with a small change in price. This occurs when a product or service is considered a necessity or when there are few substitutes available.
For example, the demand for electricity and water is very inelastic because people need these services for their daily lives and there are few substitutes for them. In these cases, even if there is a small price increase, customers will still buy the product or service because they have already made the decision to buy it and the price increase is not enough to deter them. Therefore, when demand hardly changes with a small change in price, demand is said to be inelastic.
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