Coca-Cola, airline tickets, and Amazon purchases were all mentioned in our lecture by the professor as examples of pricing strategies that use dynamic pricing.
A price is the amount of money that one party pays another in exchange for products or services; it is typically not negative. The cost of production might take on numerous names depending on the circumstance. If the item is a "good" in a commercial transaction, the cost of the item will probably be referred to as its "price".
There will be other potential names for this product's name if the thing is a "service," though. As an illustration, the bottom graph will display prices certain circumstances. [1] Costs of manufacturing, availability of the desired good, and consumer demand all have an impact on the price of a good. A monopolist may set the price or the market may impose it on the business.
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Recall the four reasons some people favor trade restrictions. Give an example from the U.S. economy that you think best fits each reasons
Answer: See explanation
Explanation:
Trade restrictions simply means a way of protecting the local industries. This can be through imposition of tariffs on foreign goods, use of quota etc. The importance of trade restrictions are:
1. Trade restrictions are important in the protection of the infant indutries, that is, the young industries in a country that are just growing.
2. Trade restrictions is necessary to prevent dumping of goods. This mean selling of goods at lower prices or of low quality in a country. This gives such products an unfair advantage over other goods produced in the home country.
3. Trade restrictions is vital on order to protect the strategic indutries.
4. Trade restrictions is also vital in order to protect the jobs of the people in the country. When goods are imported rather than supporting local businesses, this can lead to unemployment as workers will lose their jobs.
the magnitude of operating leverage for perkins corporation is 4.5 when sales are $100,000. if sales increase to $110,000, profits would be expected to increase by what percent? a. 4.5% b.14.5% c.45% d.10%
It would be anticipated that the profit would rise by 45%. The appropriate response to the given question is option (c).
What is Operating Leverage?The percentage of a company's cost structure that is made up of fixed expenses as opposed to variable costs is measured by operating leverage. A corporation is said to have more operating leverage if its fixed expenses are higher than its variable costs.
Magnitude of operating leverage= 4.5
Old sales= $100000
New sales= $110000
Percentage increase in sales:
(New-old)/old = (110,000-100,000)/100,000
= 10%
Consequently, a percentage rise in profit might be anticipated:
sales percentage growth times the degree of operational leverage
= 10% * 4.5
= 45%
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question content area a $136 petty cash fund has petty cash on hand of $24 and receipts of $115. the journal entry to replenish the fund would include a
To replenish the petty cash fund, the journal entry would include the following:
1. Debit to the Petty Cash account:
- The amount of cash needed to bring the fund back to its original amount. In this case, the amount is $136.
2. Credit to the Cash account:
- The amount of cash being added to the petty cash fund. In this case, it is the total receipts amount of $115.
3. Credit to the Expense accounts:
- Separate entries should be made for each expense category represented by the receipts. These entries will debit the respective expense accounts and credit the Petty Cash account. For example, if the receipts include $30 for office supplies and $70 for transportation expenses, the journal entries would be:
- Debit Office Supplies Expense $30
- Credit Petty Cash $30
- Debit Transportation Expenses $70
- Credit Petty Cash $70
- These entries ensure that the expenses are properly recorded in their respective expense accounts and reduce the balance of the petty cash fund accordingly.
Overall, the journal entry to replenish the fund would include a debit to the Petty Cash account for the amount needed to bring the fund back to its original amount, a credit to the Cash account for the amount being added to the petty cash fund, and separate credits to the Expense accounts for the individual categories represented by the receipts.
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What is one thing shared lane markings are not used for?.
The one thing that the shared lane markings are not used for is Decreasing the possibility of Highway Hypnosis.
What are the shared lane markings?Shared lane markings are the road markings that indicate a shared lane environment.
The shared lanes may be for bicycles and automobiles.
The shared lane markings, also known as Sharrows, can also:
Guide bicyclists away from the hazardous "door zone" beside parked cars.Function as positioning cues.Thus, the one thing that the shared lane markings are not used for is Decreasing the possibility of Highway Hypnosis.
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Maximum profit can occur when marginal profit is zero. True O False
The statement "Maximum profit can occur when marginal profit is zero" is not entirely true. The correct answer is False.
What is Marginal profit?Marginal profit refers to the additional profit a company generates by producing one more unit of a product or providing one more service. Marginal profit is zero when the total cost of producing an additional unit of a product equals the total revenue earned from selling that unit of the product. The additional benefit that a company would get from producing one more unit would be equal to the additional cost of producing one more unit. Hence, the profit would not increase or decrease.
At that stage, the company is operating at the highest point of its production efficiency and producing beyond this point would result in decreasing profits. Therefore, at this point, the firm has reached its optimal capacity.
The maximum profit is obtained when the marginal cost is equal to marginal revenue. Therefore, the statement "Maximum profit can occur when marginal profit is zero" is not entirely true.
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which of the following skills is necessary for a market researcher?
A.science skills
B.sales ability
C.math skills
D. creativity
it is B sales ability you welcome
Answer:
B. sales ability
Explanation:
hope this helped
One problem in relying on price elasticity and demand curves when setting prices is the way a product or service is marketed can have a profound impact on price elasticity. the underlying ideas of the demand curve and elasticity are less relevant in the modern economy. only economists can properly analyze demand curves and set prices using this tool. competitors can construct the same demand curves, so there is no advantage in using them. marketing split from economics over the ideas of demand and elasticity.
Answer: the way a product or service is marketed can have a profound impact on price elasticity.
Explanation:
What determines the prices of the market is the demand, this affects the price elasticity. Price elasticity and demand curves are the result of various factors, and in most scenario they determine the pricing factor in the market.
One problem in relying on price elasticity and demand curves when setting prices is the way a product or service is marketed can have a profound impact on price elasticity.
up disciplines are involved in each iteration, which is typically planned to spup disciplines are involved in each iteration, which is typically planned to span .
Multiple disciplines are involved in each iteration, which spans a specific time frame and promotes collaboration and incremental progress in the development process.
In an iterative development process, such as Agile or Scrum, multiple disciplines collaborate throughout each iteration. These disciplines can include software development, quality assurance, design, project management, and other relevant stakeholders. The iteration, often referred to as a sprint, has a defined time frame during which the team completes a set of planned work.
During each iteration, teams typically consist of members from various disciplines, such as software development, quality assurance, design, project management, and other relevant stakeholders. These disciplines work together to achieve the objectives set for the iteration, which can include developing and delivering specific features, resolving issues, conducting testing, and gathering feedback.
The involvement of multiple disciplines in each iteration promotes collaboration, cross-functional communication, and the sharing of knowledge and expertise. It allows for a holistic approach to development, ensuring that different aspects of the project are addressed and integrated effectively.
By breaking the development process into iterations, teams can focus on delivering incremental value within a set time frame. This iterative approach enables flexibility and adaptability, as feedback and insights gained from each iteration inform subsequent iterations, leading to continuous improvement and better outcomes.
In conclusion, in an iterative development process, multiple disciplines collaborate and contribute their expertise during each iteration, which spans a specific time frame. This collaborative approach promotes effective teamwork, incremental progress, and flexibility in adapting to changing requirements and feedback throughout the development process.
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why do we promote the use of PECS w some clients who communicate using words but still have speech, language, or social communication delays?
Accessibility, independence, inclusiveness and reinforcement are the reasons due to which the use of PECS is promoted for clients who communicate using words but still have speech, language or social communication delays.
Picture Exchange Communication System (PECS) is used to promote communication in individuals with speech, language, or social communication delays.
The reasons for using PECS have been explained below:
1. Accessibility: PECS provides a visual means of communication that can be accessed more easily by individuals with communication difficulties. This is particularly true for individuals with speech or language delays who may struggle to verbally express their wants and needs.
2. Independence: PECS allows individuals to initiate communication and make choices independently, increasing their sense of control and empowerment.
3. Inclusiveness: PECS can be used in a variety of settings, making it a versatile tool for promoting communication in social situations where verbal communication may be challenging.
4. Reinforcement: PECS can be used to reinforce communication and encourage individuals to continue developing their skills. The use of PECS can also promote positive reinforcement by allowing individuals to receive tangible rewards for their communication efforts.
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which of the following are the reasons for people moving to texas and changing the rural landscape to urban centers?
There are a variety of reasons why people may choose to move to Texas and change the rural landscape to urban centers.
These reasons include, but are not limited to, access to jobs, better education and healthcare opportunities, lower cost of living, and a better quality of life.
Job opportunities: Texas is home to a number of large companies and industries, providing a variety of job opportunities for potential residents. This means that people can find employment and start businesses without having to move too far away from their hometown.
Education and healthcare: Texas has some of the highest-ranked schools and universities in the US, meaning that families have access to quality education for their children. Additionally, the state is home to a number of top-notch healthcare facilities and services, meaning that residents have access to quality healthcare.
Cost of living: Texas is known for having a relatively low cost of living when compared to other states. This means that potential residents can save money by moving to Texas, as housing and other necessary costs are often much lower.
Quality of life: Texas is known for having a vibrant culture and a variety of attractions. This means that people can enjoy their lives in Texas while also having access to a variety of activities and events.
Overall, there are a variety of reasons why people may choose to move to Texas and change the rural landscape to urban centers. These reasons include access to jobs, better education and healthcare opportunities, lower cost of living, and a better quality of life.
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" Like any effective salesperson, Frazer walks into a customer's office, shakes hands, looks the customer in the eye, and smiles. After exchanging pleasantries, Frazer will try to create interest his company's product, and establish: Group of answer choices"
Answer:
Hello the answer choices are missing but here is general answer to your question
answer : Frazer will try to create interest in his company's product and establish trust
Explanation:
Frazer been a salesperson is charged with making and closing good deals with potential and returning customers which will in return generate revenue for his company. Frazer will try to create an interest in his company's product and he can do this by asking the customer some questions and using the answers pertaining the product he is about to present to the customer to create a proper presentation. that way he can be able to present the product properly thereby getting the customer's interest and establishing trust
Imagine that you are a manager in a restaurant. Each month you have to purchase supplies for the restaurant. A meat supplier offers you a kickback of 10% if you purchase meat from him, even though his prices are slightly higher than the competitors. What would you do? Why?
Answer:
i would say that his prices were a little high and ask for 20% off if he cant give that off then i would just say okay. why? because that's the plight thing to do.
Explanation:
hope this help.
brainiest please
Answer:
I hope this helps :)
Explanation:
Well I feel like I would purchase the meat based on quality. Of course it's going to cost me more, but you can't go wrong with better product. If the other places are selling meat for less, but the quality is bad what's the point. I definatly would choose quality over quanity when it comes to the purchase of meat.
Use branch-and-bound algorithm to find the solution of the following IP model. (Use the graphical method to find the solution/subproblems) max z = 2X2 + 3X2 s.t. 5X1 + 7X, S 35 4X1 + 9x2 < 36 X ,X2 > 0 and X1, X2: integer
The optimal solution for the given IP model is (X1, X2) = (5, 3), with an optimal objective value of 19.
The branch-and-bound algorithm is a powerful tool for solving integer programming (IP) problems. It begins by solving the relaxed LP problem and then divides the problem into subproblems, creating a tree structure. It then selects one of the subproblems and repeats the process until an optimal integer solution is found.
Let's apply this algorithm to the given IP model:
max z = 2X1 + 3X2
subject to:
5X1 + 7X2 ≤ 35
4X1 + 9X2 < 36
X1, X2 ≥ 0, integer
Step 1: Solve LP relaxation
Ignore the integer constraint and solve the relaxed LP problem:
max z = 2X1 + 3X2
subject to:
5X1 + 7X2 ≤ 35
4X1 + 9X2 < 36
X1, X2 ≥ 0
Using graphical methods, we can draw the feasible region and the objective function on a graph.
IP Model Graphical Solution
The optimal solution for the LP relaxation is (X1, X2) = (3, 2.14) with an optimal objective value of 12.5.
Step 2: Create subproblems
We can create two subproblems by branching on X2:
Subproblem 1: max z = 2X1 + 3X2, subject to:
5X1 + 7X2 ≤ 35
4X1 + 9X2 < 36
X1, X2 ≥ 0, X2 ≤ 2
Subproblem 2: max z = 2X1 + 3X2, subject to:
5X1 + 7X2 ≤ 35
4X1 + 9X2 < 36
X1, X2 ≥ 0, X2 ≥ 3
Step 3: Solve subproblems
We repeat the process starting from subproblem 1 and solving the LP relaxation. The optimal solution is (X1, X2) = (3, 1.57) with an objective value of 9.71.
Since the objective value of the LP relaxation of subproblem 1 is less than the current upper bound of 12.5, we can discard this subproblem.
Next, we solve subproblem 2 by solving the LP relaxation. The optimal solution is (X1, X2) = (4.5, 3) with an objective value of 18.
Since the objective value of the LP relaxation of subproblem 2 is greater than the current upper bound of 12.5, we branch on X1:
Subproblem 3: max z = 2X1 + 3X2, subject to:
5X1 + 7X2 ≤ 35
4X1 + 9X2 < 36
X1, X2 ≥ 0, X2 ≥ 3, X1 ≤ 4
Subproblem 4: max z = 2X1 + 3X2, subject to:
5X1 + 7X2 ≤ 35
4X1 + 9X2 < 36
X1, X2 ≥ 0, X2 ≥ 3, X1 ≥ 5
We solve subproblem 3 and the optimal solution is (X1, X2) = (4, 3) with an objective value of 17. We can discard this subproblem since its objective value is less than the current upper bound.
Finally, we solve subproblem 4 and the optimal solution is (X1, X2) = (5, 3) with an objective value of 19. This is the optimal integer solution.
Step 4: Solution
Therefore, the optimal solution for the given IP model is (X1, X2) = (5, 3), with an optimal objective value of 19.
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What crucial efforts need to be taken by a company to make its direct marketing emails and mobile messages effective?
a). wait for new technology to be widely adopted before using it in the IMC marketing mixb). update its customer database once a year to use with its marketing campaignsc). create a robust and accurate customer database to use for marketing campaigns
The most crucial effort a company needs to take to make its direct marketing emails and mobile messages effective is to Option c. create a robust and accurate customer database to use for marketing campaigns. This means gathering and maintaining up-to-date customer information, including demographics, preferences, and behavior, and segmenting the data to personalize the messaging and offers to each group.
To make a company's direct marketing emails and mobile messages effective, the following crucial efforts should be taken:
1. Create a robust and accurate customer database to use for marketing campaigns: It is essential to have an up-to-date and accurate customer database to ensure that marketing messages reach the right audience. This database should be continually maintained and updated to reflect any changes in customer preferences, contact information, and other relevant details.
2. Design personalized and targeted marketing messages: To make marketing emails and mobile messages more effective, companies should tailor their content to suit the preferences and needs of their customers. This can be achieved by segmenting the customer database into different groups based on various factors such as age, location, and purchasing behavior, and then crafting messages that appeal specifically to these groups.
3. Optimize the messages for various devices and platforms: To ensure maximum reach, companies should optimize their marketing messages to be easily accessible and readable on different devices such as smartphones, tablets, and desktop computers. This includes using responsive design, ensuring fast load times, and testing messages on various platforms.
4. Monitor and analyze campaign performance: Companies should track the performance of their marketing campaigns by monitoring key metrics such as open rates, click-through rates, and conversion rates. This data can be used to fine-tune future campaigns and improve overall marketing effectiveness.
In summary, the crucial efforts that need to be taken by a company to make its direct marketing emails and mobile messages effective include creating a robust and accurate customer database, designing personalized and targeted marketing messages, optimizing the messages for various devices and platforms, and monitoring and analyzing campaign performance.
Therefore, the correct answer is option c. create a robust and accurate customer database to use for marketing campaigns.
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Which of the principles below does Val follow when she reviews her records to make sure that recorded accounting events correspond to the actual costs?A. Time period principleB. Measurement principleC. Full disclosure principleD. Matching principle
D. Matching principle This principle helps maintain consistency and reliability in financial reporting,
Val follows the matching principle when she reviews her records to ensure that recorded accounting events correspond to the actual costs. The matching principle states that expenses should be recognized in the same period as the revenues they help generate. By applying this principle, Val ensures that costs are accurately matched with the revenues they are associated with, providing a clear and accurate representation of the company's financial performance. This principle helps maintain consistency and reliability in financial reporting, allowing for meaningful analysis and decision-making based on the recorded costs and revenues.
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Why is Rent to Own a Rip Off?
How old will someone who graduated high school at 18 be until they get a Masters Degree in civil engineerings ?
Answer:22 years
Explanation:
At the beginning of September, Helen Rojas started Rojas Wealth Management Consulting, a firm that offers financial planning and advice about Investing and managing money on September 30, the accounting records of the business showed the following information $132,400 16,000 13,600 150,099 Cash Accounts receivable office supplies office equipment Accounts payable Helen Rojas, Capital, September 1, 20X1 Fees Income Advertising expense Salarles expense Telephone expense withdrawals 186,800 311,600 64,000 3,200 Required: Prepare a statement of owner's equity for the month of September and a balance sheet for Rojas Wealth Management Consulting as of September 30, 20X1
Total Liabilities and Owner's Equity is $366,499 at Owner's Equity as of September 30, 20X1 $194,000.
To prepare the statement of owner's equity, we need to take into account the initial capital investment and any changes to that capital during the month of September. The statement of owner's equity can be prepared as follows:
Statement of Owner's Equity for September 20X1
Helen Rojas, Capital, September 1, 20X1 $132,400
Add: Net Income for September (Fees Income - Advertising expense - Salaries expense - Telephone expense) $64,800
Less: Withdrawals $3,200
Total Owner's Equity as of September 30, 20X1 $194,000
To prepare the balance sheet, we need to list the assets, liabilities, and owner's equity as of September 30, 20X1. The balance sheet can be prepared as follows:
Balance Sheet as of September 30, 20X1
Assets
Cash $186,800
Accounts receivable $16,000
Office supplies $13,600
Office equipment $150,099
Total Assets $366,499
Liabilities
Accounts payable $64,000
Total Liabilities $64,000
Owner's Equity
Helen Rojas, Capital $194,000
Total Liabilities and Owner's Equity $366,499
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can anyone answer this question it important
Answer:
I think it's private it's the most logical answer
9 48. The stages of human development are: 1.Clear and distinct 2.Varied from person to person 3.Easily navigated 4.Only physical traits
Answer:
2. VARIED FROM PERSON TO PERSON
Explanation:
Samantha, a high school teacher, wants to spend more time with her children
and is looking for a part-time job in her field. What would be a good career
alternative for her?
A. Tutor
B. Administrative assistant
C. Pet groomer
D. Restaurant manager
No link please
Which of the following is an example of a situation where a duty of care
exists?
O A. A property owner in relation to a trespasser of whose presence the
owner is unaware
B. A factory where an employee ignores warning signs to enter a
dangerous area without permission
O C. An airport where an individual has fled from security on foot and
entered the airstrip
D. A daycare employee with a child whose parents are late to pick
him up
Answer:
D. A daycare employee with a child whose parents are late to pick him up
Explanation:
All of the following products and services are considered to be price inelastic except which? a) open-heart surgery b) coffee c) gasoline d) airline ticket
Price elasticity of demand measures the sensitivity of the quantity bought of a product to its price.
Here correct answer is A)
Generally, some products and services are considered to have relatively inelastic demand, meaning that customers are relatively unresponsive to the changes in price. Open-heart surgery, coffee, gasoline, and airline tickets are all products and services.
Out of these four, the product or service with the most price inelastic demand is open-heart surgery. This is because the demand for open-heart surgery is considered necessary medical treatment, meaning people will generally always buy it regardless of its price. After open-heart surgery, the product with the most inelastic demand is gasoline. This is because gasoline is considered a necessity for most people to run their cars, meaning the demand for it is relatively constant, regardless of price.
Coffee is typically bought to satisfy cravings and trends in the market, so its demand is relatively elastic. Lastly, airline tickets are considered necessary for business and pleasure travel, meaning its demand is highly dependent on its price.
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Which of the following refers to the way that interest added to an account earns
interest itself?
APY
compound interest
APR
annuity
Answer:
APY is when interest is added to an account that is earning the money so I belive that is the answer
Suppose that you take out a $ 200,000,20 -year mortgage loan to buy a condo. The interest rate on the loan is 6 % , and payments on the loan are made annually at the end of each year. Give
A $200,000, 20-year mortgage loan was taken out at an interest rate of 6%, and payments on the loan were made annually at the end of each year. The future value of an annuity formula is used to calculate the payments made on the loan. The formula is:FV = PMT[(1 + r)^n - 1] / r.
Where, FV = Future value of the annuity, PMT = Payment made each period, r = Rate of interest per period, and n = Number of periods or payments.In this case, PMT is the payment made annually at the end of each year, which is calculated using the above formula.Using the formula:200,000 = PMT[(1 + 0.06)^20 - 1] / 0.06.
On solving the equation, the payment made annually at the end of each year (PMT) is $18,202.67.Therefore, the borrower will have to make annual payments of $18,202.67 to pay off the $200,000 mortgage loan in 20 years at an interest rate of 6%.
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According to U.S. law, a company has an illegal monopoly when it dominates an industry and ___. *
2 points
A. collects information on its customers
B. takes actions that prevent competition
C. has more than 75 percent of the market share
D. sets prices that are more than 10 percent higher than industry average
Answer: a
Explanation:
When a company dominates an industry and takes actions that prevent competition, its is called an illegal monopoly
Let understand that "Monopoly" refers to having an exclusive ownership and control of supply of goods or a service.
Illegal monopoly are labelled illegal because its involves an act of improper conduct.
Illegal monopoly can also be called anti-competitive monopolization.Example of is when a Company employs certain tactics to ensure consumer buys its product along and thus making him the major supplier of the product in the location.
In conclusion, when actions taken by a company is preventing competition among firms producing similar goods and dominates the industry, such company is said to be practicing illegal monopoly.
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Imagine that you are an economic policymaker for a small developing nation. Use what you have learned about public policy, entrepreneurship, and microenterprise to craft a proposal for legislation that will support and sustain youth entrepreneurship. In particular, consider policies and programs that will encourage young people to start small businesses that are both economically and socially beneficial.
A young mind is very inventive in its thinking. The youngsters is intelligent its well in technology. Everyone is concerned with developing their careers, making good money, and living happy lives.
What is a policymaker's function?A political leader is a person who develops concepts and strategies, particularly those used by an organization or a government. The President, a school administration, a bank's board members, and a mayor are all examples of policy makers. These plans that a firm or government adheres to are thought to as policy.
What is definition of policymaker ?Someone who makes decisions about new policies, particularly in a political or political party: US policymakers are compelled to make challenging decisions.
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Mary is earning a weekly salary of $521.60 as a payroll clerk. She has accepted a new assignment in the tax-processing department. In her new position, she will be paid an annual salary of $30,534.00. How much more would she earn per week in her new position?
Answer:
$65.60
Explanation:
Mary's current is $521.60.
In her new position, she will be earning $30,534.00. Her new weekly income will be as follows. Assuming one year has 52 weeks.
New pay = $30,534.00/ 52
New pay =587.20
In her new job, she will earn more by( $587.20 - $521.60.) =$65.60
=$65.60
in order to assess the performance of their firms and their supply chains, what do managers need to do to determine the needs of those customers?
a. Look at each segment of the markets they serve
b. Help identify new customer requirements
c. Rely on traditional performance measures
d. Collaborate in pricing of products
The correct option to the given question about assess the performance of their supply chains is option a) . Take a look at each market category they serve.
A corporation can generally use one of six major models to direct its supply chain management procedures.
The continuous flow model, one of the more established supply chain strategies, works best for developed sectors. The continuous flow model assumes that a producer will consistently produce the same good and that customer demand will be relatively stable. Agile Strategy: This model works best for businesses that provide products that customers order or have unexpected demand. This model places a premium on adaptability because a business must be ready to change course at any time in the event of a specific requirement.
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Telling customers that they only have until midnight to get sale prices is an appeal to
A. ethos.
B. logos.
C. pathos.
D. kairos.
Answer:
D. kairos.
Explanation:
Telling customers that they only have until midnight to get sale prices is an appeal to kairos.
Answer:
It's d
Explanation: