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Monica [59]
3 years ago
8

Whats the full meaning of commerce​

Business
1 answer:
Arte-miy333 [17]3 years ago
6 0

The activity of buying and selling, especially on a large scale/social dealings between people.

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Organizations that rely on a few major customers may organize their people and resources by client. This is an example of ______
Rom4ik [11]

Any organization that organizes their people and resources by client because it relies on a few major customers shows an example of <u>customer departmentalization</u>.

<h3>What is departmentalization? </h3>

Departmentalization is an effort by an organization to achieve some common purpose, coordinate its effort, ensure division of labor, hierarchy of authority, and centralize/decentralize and formalize its operations.

There are four basic types of departmentalization (function, product, customer, and geography). Customer departmentalization depends on the difference between the customer segments so that specialized services could be offered to each segment.

Thus, such an organization is an example of <u>customer departmentalization</u>.

Learn more about departmentalization at brainly.com/question/25823018

6 0
2 years ago
if you have a successfully crowdfunded product and you know you are going to miss your advertised ship date, what should you do?
alina1380 [7]

If you have a successfully crowdfunded product and you know you are going to miss your advertised ship date, what you should do is: C) Be honest; alert your backers and notify others through the crowdfunding site.

<h3>What is a product?</h3>

A product is any physical object (tangible item) that is typically produced by a manufacturer in order to satisfy and meet the demands, needs or wants of every customer.

<h3>What is crowdfunding?</h3>

Crowdfunding can be defined as a strategic process which typically involves obtaining small amounts of capital or money (funds) from a large group of individuals, usually over the Internet, in order to finance a new project, business venture or product.

In this scenario, the best thing to do is being honest, especially by alerting your backers, guarantors, and all of the people who provided the fund through the crowdfunding site.

Read more on a crowdfunding here: brainly.com/question/21940014

#SPJ1

Complete Question:

If you have a successfully crowdfunded product and you know you are going to miss your advertised ship date, what should you do?

A)Do nothing.

B)Change the date on your crowdfunding site but do not draw attention to it.

C)Be honest; alert your backers and notify others through the crowdfunding site.

D)Shift the blame to someone else (manufacturers, distributors, suppliers, etc.).

3 0
1 year ago
Can an individual's financial situation change his or her views of what is
lesantik [10]
Yes. Once someone is in a difficult financial situation, they may have to give up some wants and desires in place of things they need. If money is tight, they should rather use what money they have to pay pills and buy food, and not purchase items they want like toys or videogames. When faced with a bad financial situation, an individual is forced to separate what they believe is a want and a need, and choose between the two.
7 0
2 years ago
Dan, the founder of four muddy paws, discovered that dog owners were willing to spend extra money on unique, healthy treats for
Salsk061 [2.6K]

Four Muddy Paws uses the concept of<u> "speed-to-market"</u> to maintain it competitive lead.

The term "Speed to market" alludes to the measure of time it takes for an association to dispatch an item or administrations and make it accessible to the client. It represents time taken by the association to take a shot at the item or administration from Idea, Design, Prototype, Test, Develop, Manufacture and dispatch for the end clients.

7 0
3 years ago
When firms are said to be price takers, it implies that if a firm raises its price: a. buyers will go elsewhere. b. buyers will
MatroZZZ [7]

Answer:

The correct answer is a. buyers will go elsewhere.

Explanation:

This situation occurs when there is competition, that is, other businesses that offer the same or similar products as those of a particular company. In this scenario, the potential buyer will notice the difference according to their previous experiences and will find a way to acquire products from another brand that offer the same satisfaction as the product that rose in price. You must be very cautious with this practice, since it can end up damaging the operation, and in the worst case, leading to bankruptcy.

3 0
3 years ago
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