when a firm charges a fee for the right to purchase a product plus a per-unit charge for each unit purchased, a two-part pricing strategy is a firm employs.
Definition: A product is an item offered for sale. Products are services or items. It can be in physical or virtual or cyber form. All products are made at a price and sold at a price. The price charged varies by market, quality, marketing, and target segment.
A product is an item or service sold to satisfy a customer's needs or desires. they are physical or virtual. Physical products include durable goods (such as cars, furniture, and computers) and consumables (such as food and beverages).
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Answer:
Letter a. is correct. <u>TRUE.</u>
Explanation:
This statement is correct because a supply chain is part of the macroenvironment, and operational risk can be defined as different results than expected due to internal or external events.
The current economic scenario appears to be unstable, as political, economic, technological, social and other changes are occurring all the time, which can represent significant external risks in a supply chain, where there is no control by the buyer or supplier.
Some examples of uncontrollable operational risks are:
- Fraud and misconduct;
- Systemic failure;
- Safety;
- Human error.
For this reason, the importance of risk management, which includes planning, identification, qualitative and quantitative analysis, response planning and monitoring and control processes, which together will provide subsidies for less vulnerability in the supply chain and less risk.
Answer:
<em>A. autoworker who is temporarily laid off from an automobile company because of a decline in sales.
</em>
Explanation:
Cyclical unemployment is <em>unemployment that occurs when full employment can not be met by the aggregate demand for goods and services in an economy.</em>
This takes place during times of decreased economic growth or times of economic slowdown.
Cyclical unemployment is directly linked to the degree of macroeconomic behavior, which is the combined or collective activity of all economically involved individuals and entities.
Instead of linear, this overall trend is cyclical-economic activity tends to increase and fall rather than always rising or falling.
Are there any choices? (multiple choice, word bank, etc.)
Answer:
You need life insurance so in case of a event such as death your family will not carry the burden of your debts and payments because they would automatically be paid off with a Life Insurance Policy
