Answer: (D) Advisory committee
Explanation:
The advisory committee is the type of committee in which the different suggestion, skills are the knowledge are carried out by the individual opinions in an organization.
According to the question, by using the advisory committee we present the problem of the city people to the manager of city so that they listen to our problem and suggest some effective way. The advisory committee basically providing the FDA that suggest or share some special knowledge and advice with the people.
Therefore, Option (D) is correct.
Answer:
an increase in the overall price level but little or no increase in output.
For a branded house strategy, the following is often essential, (C) use of strong, individual, or separate brand names.
<h3>
What is branded house strategy?</h3>
- A Branded House is a marketing approach in which multiple companies' products are sold under one name/branding umbrella.
- If the master brand/company wants more control over the end product's production, distribution, and cost, this technique is ideal.
- Apple is an example of a branded house.
- Apple offers numerous goods, many of which are well-known enough to stand alone as product brands.
- However, they are all clearly branded Apple and exploit the master brand's visual identity and spirit.
- A Branded House strategy provides various benefits to businesses that provide different services or products under one brand, including Efficiency - a single marketing plan and brand code cover all offerings.
- Ease - by keeping all offerings under the same brand, confusion and competition are avoided.
Therefore, for a branded house strategy, the following is often essential, (C) use of strong, individual, or separate brand names.
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Answer:
Oligopoly
Explanation:
Oligopoly is simply defined as the situation in which more than two firms own/control the largest market share, while other smaller firms contend for the remaining share of the market.
For better understanding;
- Monopoly: one firm owning/controlling the largest market share.
- Duopoly: two firms own/control the largest market share.
- Oligopoly: more than two firms own/control the largest market share.
In this type of competition (Oligopoly), the smaller firms survive by offering unique features in their products and services while some offer cheaper prices for their products and services.
They are estimating the Nominal GDP. The Nominal GDP measures the quarterly economic output that occurred in the year. This would analyze production, employment, all the elements in the financial circulation. This is different from the real GDP because here it would include the inflation of prices that occurred. Nominal GDP only reflects on the economical changed within the current year regardless of inflation.
