Answer:
A. must consider the behavior of its rivals when it makes decisions.
Explanation:
An oligopoly occurs when a small number of firms operate in a market, and firms cannot control the influence of other firms in the market. Each firm has the ability to influence the market.
A key feature of oligopoly is interdependence. Firms look at other firms behaviours before making decisions. It is a form of tacit collusion.
Decisions on output, price, advertising and other depends on decision of other firms in the market.
<span>The explanation for global stratification according to which some nations have traditionally been in poverty and rely in their tradition, rather to experiment with new technologies is called culture of poverty. Culture of poverty is term used is sociology that defines the cycle of poverty and explains why poverty exists.</span>
Answer:
The return on shareholders' equity for 2018 is 22.2%
Explanation:
Return on Equity measures the Return earned by the owners investments in the company.
Return on Equity = Net Income / Total Shareholders Funds × 100
= 200,000 / 900,000 ×100
= 22.2%
Answer: (E) Strategic human resource management.
Explanation:
The strategic human resource management is one of the organization practices that developed various types goals, objective and the strategy of the human resource management.
The main aim of the human resource management is that it develop the organization culture, rewarding, innovation and also provide the advance flexibility.
They make the organization more stronger and effective by find out the talented employees and it is also known as the support system of an organization.
Therefore, Option (E) is correct.
Answer:
1. Test market
2. Buzz or Word of Mouth Marketing
Explanation:
1. Test market is made up of a particular group of people who are used in checking feasibility of a product before bringing it out to the larger or general market. They are used to check how the general market would perceive the product once release. It is used in measuring consumer's response to a new product before introducing it to the larger market.
2. Buzz marketing involves or rather refers to the situation whereby a satisfied consumer/customer passes along information pertaining to a particular product to another consumer/customer. It is a situation whereby a person recommends the use of a particular products to another customer. It involves using word of mouth marketing to works in one's favour.
