Airlines that offer lower fares on seats shortly before a flight's departure date to fill empty seats are utilizing dynamic strategy which is a form of dynamic pricing. Real-time pricing, often known as dynamic pricing, is a highly adaptable method of determining a product's or service's price.
Dynamic pricing aims to enable businesses who offer products or services online to quickly modify prices in response to consumer demand. A pricing approach called "dynamic pricing" substitutes variable prices for fixed ones.
The fundamental tenet of the dynamic pricing model is to provide the same product to various customer segments at various costs. According to the number of individuals interested in particular products, dynamic pricing is a means to reflect changes and boost revenue .
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The best type of system for the order of the jewelry would be:
<span>1. </span>A customer chooses what he wants from the jewelry
<span>2. </span>He/she must check if the special jewels that he/she wanted are available for pre-order
<span>3. </span>Once the business agreement is done a transaction shall be followed in the making.
<span>Special orders should always be made to be pre-ordered, if the supplier has the item.</span>
Answer:
The correct answer is letter "B": product extension.
Explanation:
In International Business, product extension refers to the approach by which a firm introduces its product or service across borders without shaping the product according to the profile of each consumer in each region. Product extension is implemented to expand the business operations of a firm in an attempt of finding new consumers in new markets, thus, generating more profit.
<em>Product extension is likely to work only if customers' preferences and necessities are the same in different countries.</em>
The Watergate scandal is what changed the laws in the US about companies bribing officials.
<span>The
company that became the richest company on earth. dutch east india company </span>cuz while all the other european countries were focused on making colonies the Dutch worked on their trade system
