Answer:
The correct answer is letter "B": how responsive quantity supplied is to a change in price.
Explanation:
Price elasticity of supply describes the relationship between changes in quantity supplied and prices. <em>It is calculated by dividing the percentage change in quantity supplied by the percentage change in price</em>. If the result is equal to or greater than 1, the supply is elastic. This means in front of relatively small changes in price, major changes in quantity supplied will occur.
If the result is a figure lower than 1, the supply is inelastic which mear changes in prices will not affect the quantity supplied.
Based on the provided information, the technique that Nordstrom managers were using is Delphi technique.
<h3>What is a Delphi technique ?</h3>
Delphi technique can be regarded as the structured communication technique which is been developed to serve as interactive forecasting method that is based on a panel of experts.
Therefore, Nordstrom managers as using Delphi technique.
Learn more about Delphi technique at;
brainly.com/question/24506250
Knowledge management is the technique that is used to improve customer relationship by storing and disseminating facts.
Knowledge management can be described as the use of different techniques to create and share knowledge in an organization.
It is a multiple approach way that organizations use to attain their objectives through the best use of knowledge.
It is very important to the organization because it helps to:
- Increase efficiency
- Raise productivity
- Keep critical information in the organization.
Read more on customer relationship management: brainly.com/question/25656282?referrer=searchResults
Answer:
nobody don't have any ideas✓✓
A
Explanation:
using the internet and the process of elimination, A is your answer
