Answer:
A principal-agent game.
Explanation:
The principal-agent problem is a conflict in priorities between the owner of an asset and the person to whom control of the asset has been delegated.
The problem can occur in many situations, from the relationship between a client and a lawyer to the relationship between stockholders and a CEO.
Resolving a principal-agent problem may require changing the system of rewards in order to align priorities or improving the flow of information or both
When marketing managers looks for a relationship between past sales and one or more independent variables, such as population, per capita income, or gross domestic product, they are engaging in regression analysis.
<u>Explanation:</u>
An effective mathematical formalism which enables one to analyze the interaction among two or more interest factors is understood as a regression analysis. While there are several forms of regression analysis, they all analyze the effect of one or more independent variables on a dependent variable at their source.
The linear association among two variables is defined using correlation. Regression is then used to match the best line and predict one variable based on another variable. Regression, then, represents the effect on the dependent variable of the unit shift in the independent variable.
Answer:
These are the options for the question:
A. Segmentation
B. Cannibalization
C. Market penetration
D. Product bundling
And this is the correct answer:
B) Cannibalization
Explanation:
Cannibalization occurs when a newly introduced product reduces the market share of previous products.
In this case, the pocket-friendly combo meals have effectively made the rest of the menu unattractive to customers, it has cannibalized the other meals.
This effect is refer to as cannibalization, because as the original meaning refers to a hostile act withing the same species, in marketing, this effect occurs among products within the same company.
Answer:
Inbound logistics
Explanation:
Inbound logistics is the process of obtaining raw materials, and other goods and services, to the firm, while outbound logistics is the process of delivering the final goods and services from the firm to the customers.
In this case, the retail company is engaging in inbound logistics because it is procuring the raw materials from local farmers. Once these materials reach the firm, it can transform them into the agricultural produce and consumer produce that it sells.
Answer:
d. 10.6% higher
Explanation:
Given that;
Real GDP = $13.2 trillion
Nominal GDP = $14.6 trillion
GDP deflator = (Nominal GDP/Real GDP)× 100)
Hence,
GDP deflator = (14.6 / 13.2 ) × 100
GDP deflator = 110.6%
Thus,
= 110.6 - 100
= 10.6% higher
