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1. Species that have reached the extinction threshold and are on the verge of extinction - beluga whales, African elephants, mountain gorillas and the California condor might be classified as nonrenewable resources and once they disappear, there will be no regeneration. Does the market create appropriate incentives to ensure that extinction will not occur? If yes explain. If no, what can be done to ensure that extinction will not occur?
2. Oil is an exhaustible resource. The Organization of Petroleum Exporting Countries (OPEC) is a group of oil producing countries that had formed a cartel for the supply of oil
A) Which countries are involved in the cartel?
B) Explain how the cartel works.
C) What are the implications of oil production by non-OPEC members on the effectiveness of the cartel
D) Can the cartel lead to efficient extraction of oil? Explain
E) How does the cartel affect the marginal user cost?
F) Can OPEC be used as a good example of the extraction of an exhaustible resource? Explain
Q. Define Post-purchase evaluation? Post-purchase evaluation - Cognitive Dissonance The final phase is the post-purchase estimation of the decision. It is general for custom
OBJECTIVES After studying this unit, you should be able to: 1. explain the nature of export sales contract 2. distinguish between domestic sales contract and export sal
Q. How do customers buy? Research advised that customers go through a five-stage decision-making process in any purchase. This is précised in the diagram below: This mo
Explain a production procesq
Export of Spares: Warranty spares, whether indigenous or imported, of plant, equipment, machinery, automobiles or any other goods may be exported upto 7.5% of the FOB value of the
Question 1: "Marketing Research is a systematic and planned formal approach to the collection of marketing information." This implies that there is a formal marketing research
total jobbers in India ?
Prohibition of Export : Export of all goods either directly or indirectly to any place outside India other than Nepal and Bhutan is prohibited unless the exporter furnishes to the
NEED AND RATIONALE : Export documentation is commonly considered to be the most complex and difficult part of overseas marketing. You may have come across such comments as "export
Once the alternatives have been evaluated the consumer is ready to make a purchase decision. Sometimes purchase intention doesn't result in an actual purchase. The marketing organi
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