You can tell that the costumer is impatient and appears to be after what they are looking for.
Answer: Extension and strengthening becomes more important than creating new brands
Explanation: E-commerce (electronic commerce) is a term used in the trade and commerce to describe the trading or commercial activities driven by electronic systems such as internet, social media etc,this type of commerce or trade is technologically driven. It is made up of the following stages
Stage 1 : involves the initial starting and it is characterized by a fast growth.
Stage 2: PLATEAUING GROWTH OR CONSOLIDATION OF GROWTH IS CHARACTERIZED BY THE LEVELING UP OR STABILISATION OF GROWTH AFTER THE INITIAL FAST GROWTH EXPERIENCED IN THE FIRST STAGE. In this stage, Extension and strengthening becomes more important than creating new brands.
Stage 3: Renewed growth characterized by the implemention of changes both platforms or systems, characteristics, resources and procedures etc.
In order to predict future demand, a forecasting process combines data from the market, internal operations, and the wider business environment.
<h3>What really happens during a forecast?</h3>
The process of forecasting entails creating predictions based on historical and current data. These can then be contrasted (resolved) with what actually occurs. For instance, a business can predict its revenue for the following year and then contrast that prediction with the actual outcomes. A comparable but more broad phrase is prediction.
The five stages for forecast,
- Step 1 is to define the issue.
- Step 2: Information gathering.
- Step 3: First exploratory analysis.
- Step 4: Choosing and fitting models
- Step 5: Utilizing and assessing a forecasting model
To learn more about forecast, refer to:
brainly.com/question/23009258
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Answer:
Rest of question:
... equals marginal cost.
Firms will maximize profits at the point where marginal revenue equals marginal cost because producing after this point means that no profits will be made.
As long as the Marginal revenue exceeds marginal cost, there will be profits made because the company is making more than it is spending so they should keep producing. When it gets to a point in production where the marginal revenue equals marginal cost, the company should not produce further than that.
This is because, as earlier mentioned, any further production would result in the marginal cost being larger than the marginal revenue which means that a loss will be made. The company should therefore stop at the point where MR = MC so as not to let MC get larger than MR so that no losses will be made.
Answer:
$500
Explanation:
The cost of the car is $5000
the interest is 10% per year
the interest paid in one year time will be
I= p x r x t
p = $5000; r =10% or 0.1 ;and t = 1
I = $5000 x 0.1 x 1
I= $500 x 1
Interest payable in one year is $500
