A market that consists of all possible consumers regardless of their specific needs or wants is a <u>"mass market".</u>
The term mass market refers to an overall public market which is comprising of purchasers having a place with different age groups, ways of life and preferences. On the off chance that an organization makes any product or item which is valuable to different purchasers across different areas then it is said to have a mass market request. Items or Products concentrating on a specific statistic frequently have an excessive number of limitations and are restricted by specific limits; such items makes ‘segment market.’
Answer:
C). Prepare their thoughts in advance.
Explanation:
A speaker aims to serve a specific purpose through his/her speech(to inform, to entertain, to convince, to motivate, etc.). In order to serve this purpose effectively by the end of the speech, it is very crucial to 'prepare the thoughts that the speaker wishes to convey in advance' as <u>it helps him/her in organizing the thoughts in a logical order to ensure its efficacy</u>. It <u>also assists in analyzing whether the thoughts get along with each other and also keeps room for creativity</u> which can enhance its impact and make the purpose more successful. Thus, be it one or one hundred people, it is important for a speech to be prepared in advance and hence, <u>option C</u> is the correct answer.
Based on the systems viewpoint, a restaurant’s ability to accept cash, credit, or both, is associated with transformational processes part of a system.
The phrase "business process transformation" (BPT) refers to the process of fundamentally altering the sequence of steps necessary to achieve a certain business objective.
<h3>What is the transformational process in organizational models?</h3>
Organizations are guided toward high performance via the transformation process, which is a change process. The methodology outlines a series of interventions and change activities created to produce paradigm-shifting and long-lasting organizational change.
Any action or collection of actions that takes one or more inputs, changes and adds value to them, and produces outputs for consumers or clients is referred to as a transformation process.
Learn more about the transformational process here:
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Answer:
greater the potential reward
Explanation:
