Answer:
The target marketing reduces the marketing cost to business as they only market their product in specified markets. They only target those customers who are genuinely willing to buy company's product. This strategy rewards its customers of buying the genuine product at a reasonable price as there will be no extra cost charged to them. The price charged to customers is the price set by the business itself for the product.
Answer:
b. Force majeure
Explanation:
Force majeure simply refers to unavoidable accident, unexpected incidents, or chance occurrence that impede the fulfillment of a contract by a party it.
Force majeure is a common clause that is usually included in contracts in order to free both parties to the contract from liability or obligation that may occur due the occurrence of unforeseen circumstance beyond their control.
Examples of these unforeseen incidents include a new government regulation or law, riot, war, or an act of God like earthquake, flood, hurricane, and among others.
From the question, Anker is relying on force majeure because it had sent a letter to Allegheny in 2006 claiming physical difficulties at the mine and a change in the enforcement of regulations relating to coal mining near gas wells hampered their ability to extract coal from the mine.
Answer:
The best option would be;
A. Call Phil in for a private meeting to appreciate his work
Explanation:
Communication is very important in a company set up since information can be passed between employees of a company. The money in which the information is passed is also important, and usually depends on a variety of factors. These factors differ from one company to another, and therefor one needs to choose wisely the manner in which he/she is to communicate.
One factor that will be considered is the personality of the person that this particular information is to be passed. The information is to be passed in a manner that is respectful and doesn't cause any discomfort or embarrassment to the recipient. In our case, the team member, Phil, is an introvert. Introverts are generally people who keep to themselves a lot and have a dislike of publicity. This means that any option which will make Phil a public figure in the work place would not be well appreciated by Phil.
The best option will therefor be to call Phil in for a private meeting to appreciate his work. This will make Phil feel respected and appreciated while at the same time will not make him uncomfortable by exposing him to the public.