Answer:
Markets use prices as signals to allocate resources to their highest valued uses. ... Businesses also have dual roles—they supply goods and services and demand resources. The interaction of demand and supply in product and resource markets generates prices that serve to allocate items to their highest valued alternatives.
Explanation:
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Answer:
B : Niche marketing
Explanation:
Niche marketing is a form of target marketing where a supplier focuses his marketing efforts towards a particularly small group. His services are usually modelled to the interest of his target market. An example is a pet furniture maker dog houses and other furniture targeted at dogs for purchase by dog lovers.
Answer:
Break-even point (dollars)= $9,976.25
Explanation:
Giving the following information:
Fixed costs:
Rent $2,500
Utilities $500
Interest $750
An insurance premium of $200
Advertising on local bus $250 a month
Total= $4,200
A small bucket of take-out chicken, the only menu item, is priced at $9.50. Unit variable costs for the bucket of chicken are $5.50.
To calculate the break-even point in dollars, we need to use the following formula:
Break-even point (dollars)= fixed costs/ contribution margin ratio
Break-even point (dollars)= 4,200/ [(9.5 - 5.5)/9.5]
Break-even point (dollars)= 4,200/0.421
Break-even point (dollars)= $9,976.25
The method of communication which is likely to be most effective for conveying sensitive or important information Short face-to-face meetings.
<h3>
What is Effective Communication?</h3>
Effective communication refers to the process of exchanging ideas, thoughts, opinions, knowledge, and data so that the message is received and understood with clarity and purpose by the communicating parties.
Effective communication is centered on the ability of both parties to fully understand what was communicated and a very precise way of doing this is through short face-to-face meetings.
Learn more about Effective communication at brainly.com/question/25793182
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Answer:
Option C. Made autocratic decisions
Explanation:
The reason is that the aucratic tells what he is going to do. The autocratic leader does not consults with the lower lower management to discuss what are the options available, what is the right course of action, etc. The autocratic simply tells what is the next move he is going to take and this is same situation here. The autocratic leader tells the lower management he is going to lower the mechanics by 53% and reducing of remaining mechanics by 26% to safeguard the company. The behavior of the leader shows that he is simply telling what he is going to do which is autocratic leadership style.