Walmart’s various marketing channel relationships offer examples of different forms of a vertical marketing system.
<u>Explanation:
</u>
In vertical marketing system, the manufacturer, the wholesale distributor and the retail distributor work together to promote and manage huge base of customers. There are three distinguished forms in vertical marketing system namely,
- Corporate- where one member among the distribution channels holds the ownership.
- Administered- where one member among the distribution channels, without any ownership stake hold and coordinates the other members
- Contractual- where independent companies club together for mutual benefit on a contract basis.
Here, the Walmart company imposes control on small producers namely Brown Betty Dessert Boutique for their mutual benefits. The Walmart has the advantage of handling the key holds from the production of the product to the selling of the product. This helps in anticipating the problems priory, making necessary changes and thereby increasing the efficiency.
It is essential that business market managers recognize which prospective customer firm is having a buying orientation. The statement is correct.
<h3 /><h3>What is Business?</h3>
Business refers to the activity performed by an individual or the group of the people produce the product for selling to the prospective customer in order to earn profits.
It is very important for the business to know the customers preferences and the habits in order to sell their product. Customers satisfaction is necessary for the growth and the survival of the firms.
Customers are the ones who have to purchase the product produced by the firm. Thus is makes very critical for business managers to have the knowledge about the buying habits of the customers.
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Answer:
A) if the MPC = 0.8, then the MPS = 0.2, and the multiplier = 1 / 0.2 = 5
if investment increases by $30 billion, aggregate demand will increase by $150 billion ($120 billion in consumption and $30 billion in investment).
B) if Mountainia's MPS = 0.25, then the multiplier = 1 / 0.25 = 4
if $5 billion in investments are postponed, then the aggregate demand will decrease by $20 billion ($15 billion in consumption and $5 billion in investment)
Answer:
b)Horizontal diversification
Explanation:
Horizontal diversification is defined as the process by which a business starts providing a product that is unrelated to its previous products supplied.
However the market is a similar one.
In the given scenario Marble Cakes, Inc. has set up business in three other states with additional menu options of cupcakes, donuts, and coffees to generate new customers.
The new set of products are completely different from the one initially supplied, but sales is in similar market as before.
The strategy of discussion need to be included by families when using the process of shared decision-making.
Decision making is a process which involves an individual to determining the best course of action needed to meet their needs
A shared decision-making is a process that occurs among two separate group. It is different from group decision making.
The shared decision-making is a process of discussion between the patient (or family) and their healthcare provider
Hence, the strategy of discussion need to be included by families when using the process of shared decision-making.
In conclusion, the Option B is correct.
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