Answer:
The correct answer is letter "B": Restating and paraphrasing the sender's message.
Explanation:
Salespeople should <em>paraphrase potential customers' segments</em> to make sure they understood what they said and to show they are paying attention to them. By doing so, consumers will feel like the salespeople understand their demands and that they care for the consumers' satisfaction while making the purchase.
Answer:
From a microeconomics perspective, competition can be influenced by five basic factors: product features, the number of sellers, barriers to entry, information availability, and location. Each factor hinges on the availability or attractiveness of substitutes and, when no alternatives exist and the company is a single seller of a unique product, a monopoly exists and there is zero competition.
Explanation:
- When a company has a unique product that no other company is selling, a monopoly exists, as there is no competition.
- Most markets are somewhere in between competition and a monopoly.
- The amount of competition will also vary depending on location, the barriers to entry, and the availability of pricing information.
Alternatively, a product might be completely differentiated, meaning that it is unique. If so, there might be few alternatives and thus low levels of competition. The level of differentiation is largely a subjective matter and subject to consumer opinion.
The number of sellers also impacts competition. If there are many sellers of an undifferentiated product, competition is considered to be high. If there are few sellers, competition is low. If there is a single seller, the market is considered a monopoly.
Answer:
c) movement along
Explanation:
A change in price of shampoo would lead only to a movement along the demand curve for shampoos. The movement could either be up or down. If price increases, the movement is up and if prices decreases, the movement is down.
Changes in price affect the quantity demanded. If price is increased, quantity demand falls and if price falls, quantity demanded rises.
Other factors lead to a shift of the demand curve. Some of them include:
1. Change in consumers income
2. Change in taste
3. Change in price of subsituites.
I hope my answer helps you
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