Answer:
Just-in-time inventory method
Explanation:
Just-in-time inventory method accurately forecasts demand for a good or service, so that it requests only for inventory it uses in production process. This method is aimed at reducing inventory storage cost and other expenses associated with having excess inventory on hand.
This method results in smooth operation at reduced cost. To be successful the business must accurately predict demand, and react fast to meet supply obligations.
Answer:
Substantiality.
Explanation:
Market segmentation is one of the important marketing strategies to divide the entire market into small segments in order to implement a better technique to satisfy the consumer need with specific products and schemes. There are four basic criteria for useful segmentation of the market:
- Accessibility.
- Actionability.
- Substantiality.
- Responsiveness.
Substantiality: This criterion of segmentation express the notion that the target market must be large enough to be profitable as a small segment can not justify the investment.
Similarly in the given case, it talks about the substantiality criteria of segmentation as it says a selected segment must be large enough to warrant developing and maintaining a special marketing mix.
The supply of loan able funds, increases the interest rate, and discourages both consumption and investment. This process is called the <u>Interest Rate Effect</u>
Explanation:
The impact of a rise in the cost of borrowing on production costs due to price inflation within an economy.
The interest rate effect reflects the fact that most consumers and business finance managers will cut back on their borrowing activities when interest rates increase.
Answer:
Letter b is correct. <u>Seasonal.</u>
Explanation:
Seasonal unemployment occurs when there are unemployed people at certain times of the year when the demand for a good or service is less than at other times.
This is a situation that occurs more frequently in tourist areas, such as the one mentioned in the question above, due to the fact that there is a greater demand for work in the high tourist season months.
The ideal is for workers who suffer from seasonal unemployment to seek economic adjustment in the low season months and diversify their activities during this period, to find other activities that guarantee the maintenance of income. It is also important for the government to create public employment policies so that this problem does not happen.