Promotion strategies Promotion refers to creating customer awareness on a product or a brand and thereby generating sales and raising product loyalty. It is one of the basic elements of a market mix which includes price, product, place and promotion itself....
Ann’s Case Study Ann is a seventy-seven-year-old grandmother. She has one daughter and three grandchildren. Two years ago, she was diagnosed with moderately advanced Alzheimer’s disease, which causes her to have periods of confusion, frustration, anger, and obsessive thinking. When speaking,...
Real GDP demanded is an inflation-adjusted measure which reflects value of all services and goods produced in a certain year which is expressed in base-year prices(Hansen, 2003). It accounts for changes in price level and provides more accurate figure as compared...
Federal debt is the total amount of money that the United States federal government owes to creditors. The government’s creditors include all individuals, businesses, governments and other organizations that own U.S. government debt securities. It’s one f the means of financing government operations exceeds the...
Why does the budget require a forecast of the economy? The USA’s federal budget needs an economic forecast for diverse reasons. It needs the forecast since economic performance is highly dependent on the revenues that the federal government collects and its...
Fiscal policy is an economic tool used in stabilization of economy in a nation. It involves the use of government expenditure, transfer payments and taxation to influence, control and directs the economy(Weil, 2008). The government will decide on the goods and...
The soft drink industry has diverse players, including coca cola. Coca Cola is one of the leading soft drink producers globally. Over the years, Coca Cola has registered continued growth. Presently, it produces over 500 different products, which are distributed globally....
According to the fiscal policy chapter 11, a recession gap occurs when the economy experiences a recession, a situation when there is a lower real gross domestic product GDP than the economy’s full-employment level. This leads to a lower money circulation...
Fiscal policy entails the means by which a government adjusts the tax rates and spending levels in order to monitor and influence nation’s economy. It is a sister strategy to monetary policy through which the central bank influences a nation’s money...
The society teaches, or socializes, one on how he or she should act in given circumstances. That is especially so during one’s childhood, when one learns own society’s values as well as rules. A person’s socialization can be viewed as his...