Later movers do not face high growth markets. Later movers are also referred to late followrs or later market entrants. These businesses enter the market after the market has been established. By joining the market later, they have an advantage because they can see what kinks have been worked out by other companies, what has worked and was hasn't worked.
Answer:
Television
Explanation:
By doing the promotion in a television could be beneficial for the company as most of the audience are habitual to see the television and ofcourse many of them could aware of the company product by seeing the attractive schemes that ultimately benefit to the company and the customers
So in order to upgrade the menu, Mary used traditional channels and to reach to a broad audience, the television is one of the most traditional channel used
Answer:
A group is different from a team. The Ringlemann Effect does contribute to the modern day team dynamics.
Explanation:
A group is like an assembly of more than one person who coordinate their individual efforts. They do not have any common purpose to achieve. For example: a group of college students. On the other hand, a team is a group of people who have a common purpose and share a common goal. Like a team of people in office who work on a project.
The Ringelmann effect is the tendency in which productivity of individual members of a group decreases as the size of the group increases. For the development of modern-day team dynamics, the Ringelmann effect's contribution shows that the size of the team should be small so that each individual can contribute enough for the team.
Each team member of a highly effective team is intelligent enough to understand their tasks. They share common goals and achieve them by sharing a few moments of humor as well. They communicate well and have a strong leader.
Some of the barriers to teamwork include bad leadership, poor communication among the members of the team, personal clashes and also when the goal planning is not done adequately.
Answer:
Tell the customer when you store’s next delivery day is and to come back then Issue the customer a raincheck for the item that is out of stock
Explanation:
Customer<em> retention</em> is important as well as <em>meeting their specific needs</em>. It is unwise to turn back a customer and refer them to a competitor, this may mean loss of business (currently and in the future). Also it is unwise to offer a substitute item as this will not meet their needs (though you may want to inform them of the substitute item if they are interested). Issue the customer a raincheck for the item that is out of stock is the best way to go and keep the business.
Answer:
The correct answer is letter "A": Sigmund Freud.
Explanation:
Austrian neurologist Sigmund Freud (1856-1939) is the father of psychoanalysis. The Freudian motivation theory states -when it comes to sales and consumers- that human beings make purchases to satisfy <em>conscious-functional needs</em> and <em>unconscious needs</em>. Some of the Freudian approaches are used in marketing to study consumer behavior and preferences.
