Answer:
c. customer relationship management
Explanation:
Customer relationship management -
It is the method , to manage the interactions of the present or previous customers with the company , by using the data , is known as the customer relationship manangement .
It make use of all the previous data in order to increase the business realtionship with the cutomers , for better profit .
The CRM , takes help from the website of the compnay , emails , chats and even social media , to perform its task .
Answer:
C. less than 1
Explanation:
Supply is elastic if producers can increase output without a rise in cost or a time delay which means Price elasticity of supply is more than 1.
Supply is inelastic if producers find it hard to change production in a given time period which means Price elasticity of supply is less than 1.
When Price elasticity of supply equals 0 then supply is perfectly inelastic.
Answer:
C. A risk averse investor would choose the economy in which stock returns are independent because risk can be diversified away in a large portfolio.
Explanation:
if stock prices move together, (positive correlation), the volatility of the portfolio will be higher. Higher volatility means higher risk. This is the case with the first economy.
In the second economy however, the stocks are independent of each other meaning there is zero correlation between stocks and hence the portfolio volatility will be much lesser.
As a risk-averse investor you will prefer the portfolio with lower volatility for the same expected return.
Answer:
$18,396
Explanation:
Average sales of the store per day = $1,680
Number of days in a year = 365
Total sales in a year = $1,680 x 365 = $6132,200
Shrinkage rate = 3%
Losses for an entire year = 0.03 x $6132,200 = $18,396
