Answer: Product departmentalization
Explanation: In simple words, product departmentalization refers to a process in which an organisation puts all the activities related to a project under a single manager. All the activities relating to that product will be performed in that separate department.
In the given case. the organisation is dividing all their products in separate departments. Hence we can conclude that they most likely follows product departmentalization.
Answer: feature, Advantage and benefit
Explanation: FAB statement which is Feature, Advantage and Benefit is a marketing strategy tool that explains what a product or service, what it does, how it benefits a prospective client. The easiest thing to identify in a product is it's feature which are the characteristics about your products, and services. For example, This television's solid-state design represents the feature. Advantages means the edge your product or service has against other competitors eg
More vivid picture- Advantage
While Benefit represents what the client will achieve from the purchase of such good or service eg
that will make your television viewing more enjoyable--- Benefit.
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The answer is decreases<span> lead time variability.
Safety stock refers to the amount of stocks that set aside by the company in order to prepare for stockouts.
If the company decrease lead time variability, it will give more time for company to prepare between orders and delivery, which will reduce the probability of safety stock usage.</span>
Answer:
Closer to the competitive equilibrium, thereby reducing social efficiency.
Explanation:
The market is not failed itself, so there is no need of taxes to clear it but to arrange revenue for government taxes some of the luxurious products the tax shifts supply curve to left and decrease equilibrium quantity which makes the dead weight loss in the market and the quantity get away from the efficient level.
In absence of market failures, when the government taxes market participants, the effect is to move the market :
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