Answer:
The ansewr is a barter based economy.
In a barter based economy, goods are exchanged for other goods, because no good that takes the functions of money exists (unit of account, store of value, and medium of exchange).
Barter economies can work on a limited scope, but to a larger extent, they can become inefficient, because this type of economy requires a double coincidence of wants: both parties of the transaction must desire the other party's goods.
As a management function, organizing involves:
- developing organization structure;
- designing individual jobs.
Therefore, the option D holds true.
<h3>What is the significance of management functions?</h3>
The management functions were proposed by Henry Fayol, and can be referred to or considered as the essential functions for efficient functioning of a business organization.
Organizing is the second management function. It is performed after the planning function has been accomplished successfully by the organization to develop its structures in order to designate jobs.
Therefore, the option D holds true and states regarding the significance of management functions.
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Test marketing is a marketing method that aims to explore consumer response to a product or marketing campaign by making it available on a limited basis before a wider release. Consumers exposed to the product or campaign may or may not be aware that they are part of a test group.
Answer:
<em>Focus Strategy</em>
Explanation:
Focus Strategy <em>is a marketing strategy in which a business focuses its resources on entering or expanding into a narrow segment of the market or industry.</em>
Usually a focus strategy is used where the company knows its section and has products to meet its needs competitively.
Focus strategy is one of three strategies for generic marketing.
The answer is by having to survey the people or the consumers. For this could serve as a basis and to be able to determine the wants of the people and the popular trends in which they will like and what they want, in helping to produce better products and service.
