Answer:
Constraints
Explanation:
Constraints is a restriction to decision making.
Direct protect insurance are faced with constraints in their decision making process of introducing their new product, so they are looking for means of overcoming the constraints.
Directprotect insurance provider is facing a constraint in the introduction of it's new product in the market. Direct protect faces the problem of prediction of how successful the new product will be when introduced.
The constraint is the bottleneck to the introduction of their new product in the market.
After a research have been carried out, Direct protect analyzed the responses obtained in order to determine if customers in different countries are different from each other. The results of the analysis will help in making appropriate decision in overcoming their constraints and satisfy customers from different countries with different needs.
The new product can be introduced when the constraints have been overcomes.
Answer:
Decrease in Supply ; Increase in Price
Explanation:
Complements in Production are goods which are produced jointly using a given resource. Eg : Beef , leather belts & wheat , straw.
Law of Supply states that Price of a good & its supply are directly related. Price & supply of complements in production are also directly related.
If price of a good rises, supply of the good & its complement(s) in production rise. If price of a good falls, supply of the good & its complement(s) in production fall.
So: Leftwards shift in demand curve of beef, i.e decrease in demand of beef- will create excess supply of beef. Excess supply will create competition among sellers & reduce its price.
As beef & leather belt are complements in production : Decrease in price of beef will reduce the supply of leather belts. This decreased supply (leftwards shift) will create excess demand in leather belt markets & competition among buyers increase their price.
Answer:
Human Resource Manager
Explanation:
Human Resource Manager is a personnel in a firm who is charged with the responsibilities of carrying out all functions relating to the company's compensation and benefits, training and development, employee relations, and recruitment and selection.
Hence, specifically in areas such as compensation and benefits, and training and development, Human Resources Manager would provide advice to managers on how to reduce the organization’s costs.
BCG matrix is a framework created by Boston Consulting Group to evaluate the strategic position of the business brand portfolio and its potential. It classifies business portfolio into four categories based on industry attractiveness (growth rate of that industry) and competitive position (relative market share