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saveliy_v [14]
4 years ago
8

Tele-com, inc., the nation's largest cable tv company, tested the effect of a price reduction for the disney channel. it lowered

prices from $10.75 to $7.95 and found that the number of customers more than doubled. this means the
Business
1 answer:
Sladkaya [172]4 years ago
8 0
<span>This means that there were customers that were wanting the Disney channel, but did not get it because it was too expensive. Once the price went down these customers bought the service. The cable company test showed that they should keep their prices for the Disney channel low to generate more revenue. Even if they only had one customer to begin with they would only be making $10.75, and when they lowed their prices they would be making at least $15.90.</span>
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c. Offshoring.

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Collaboration.

Explanation:

Collaboration is the process by which two or more people or group's come together to achieve a particular goal. It usually needs leadership to guide it's activities, and is similar to cooperation.

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When they collaborate they pool their resources together to achieve more. They also get to understand the pain points of the other department and this helps foster a good work environment.

4 0
4 years ago
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In a situation such as this one, the loss of the boat is ultimately suffered by the Watercraft store. This is mainly due to the fact that they agreed to keep the boat for Ursula until she picks it up, which in doing so they ultimately agreed to take responsibility for the boat during that time. Therefore, any and all damages that have occurred to the boat are suffered by Watercraft and Ursula can sue them for a full refund of the boat.

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