These types of damages are called “Compensatory damages”.
<span>Willis breached the contract but the breach was not
material. So as a way to compensate for the damages Willis have made, he
offered instead to pay $300 to put the correct faucets and linoleum in the
powder room.</span>
Answer:
Station 1 = 8 minutes
Explanation:
The computation of the bottleneck time minutes per unit is shown below:
Station 1 = 8 minutes
Station 2 = 12 minutes ÷ 2 machines = 6 minutes
Station 3 = 5 minutes
The station who has higher minutes per unit is considered to be the bottleneck station as it reduced the overall capacity.
So, station 1 is the bottleneck station with 8 minutes per unit
Answer:
Positive
Explanation:
Price elasticity is the measure to assess the responsiveness of the supply of a good or service after changing the price of the good or service.
According to basic principles of economics, the price and supply of good or services are directly proportional, it means that if the price increases the supply of good increases and vice versa. The sign of the price elasticity will be positive because they are directly related.
Form example
At Price $5 supply is 200 units
At price $6 supply 250 units
Calculate the change in price and change in supply as well.
Cange in price = ($6 - $5) / 5 = 0.2 = 20%
Cange in supply = 250 units - 200 units = 50 units / 200 unit = 0.25 = 25%
Price elasticity of supply = Change in supply / Change in price
Price elasticity of supply = 25% / 20%
Price elasticity of supply = 1.25
Hence, the sign is positive
Key account management is the practice of using team selling to focus on the firm's most important customers so as to build mutually beneficial, long-term relationships.
- Getting a prospect's commitment to buy during the closing stage of the selling process.
- Because the salesperson must ascertain when the prospect is prepared to buy, this stage is both the most crucial and the most challenging.
- accurate, complete, and step-by-step information is provided.
- Setting goals, structuring the sales force, hiring, choosing, training, and rewarding salespeople, as well as assessing each salesperson's performance, are all duties involved in managing personal selling.
<h3>What is team selling approach?</h3>
- Account-based selling frequently employs the sales technique of team selling to increase transaction closing rates.
- Team selling, in its simplest form, is a collaborative sales method where two or more team members work together to earn business rather than working those accounts alone.
Learn more about team selling approach brainly.com/question/23772356
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Answer:
any individual under the age of 18 years. ... This rule is subject to several types of contracts which a minor will be bound by, and his right to repudiate such contracts.
