Answer:
The challenges my business would face would be that we would have trouble communicating and producing products. We use the internet so much every day and it is essential in emailing and other methods of communication. We have to communicate with customers, contractors and installers among many others. We also need the internet for sending orders and order designs to the machines that do the cut-outs needed for the products. Production time would slow down dramatically if we were to try to cut out the products on our own or if we were to have to input the designs manually. Communication between different areas would take much more time because we would have to make landline phone calls to them instead of sending out emails. Our drawing staff, the people who create the designs would also have difficulties working. This is because we draw using an online webspace so that it can be easily looked over then transferred to the machines. Drawers would have to create by hand and then walk the design over to the other areas to be produced. Those are some challenged that our company would face if we had to work without power for an entire day.
Explanation:
Answer: Postpone
Explanation:
In marketing, one of the ways to handle an objection is to postpone it until the end of the presentation. In the course of the presentation, the client may think that the project has a certain cost and it will not work or another reason, in this case, postponing it is one of how a person can present their idea until the end, to convince the potential client.
In this case, the seller handled himself well by telling him that the program is cheap and that he will explain the price in a moment, allowing him to express everything related to his program, giving him a chance for prospects they can know the program in its entirety.
Answer:
50% share.
Explanation:
Given:
There are only three firms in a market.
The largest firm has sales of $500 million.
The second-largest has sales of $300 million.
The smallest has sales of $200 million.
Question asked:
The market share of the largest firm is ?
Solution:
As we know:
![Market\ share=\frac{Total\ sales\ of\ the\ firm}{Total\ sales\ of\ the \ market} \times100](https://tex.z-dn.net/?f=Market%5C%20share%3D%5Cfrac%7BTotal%5C%20sales%5C%20of%5C%20the%5C%20firm%7D%7BTotal%5C%20sales%5C%20of%5C%20the%20%5C%20market%7D%20%5Ctimes100)
Total sales of the largest company = $500 million.
Total sales of the market = Sales of largest firm + Sales of second largest firm+ Sales of smallest firm
Total sales of the market = $500 million + $300 million + $200 million
= $1000 million
![Market\ share=\frac{Total\ sales\ of\ the\ firm}{Total\ sales\ of\ the \ market} \times100](https://tex.z-dn.net/?f=Market%5C%20share%3D%5Cfrac%7BTotal%5C%20sales%5C%20of%5C%20the%5C%20firm%7D%7BTotal%5C%20sales%5C%20of%5C%20the%20%5C%20market%7D%20%5Ctimes100)
![=\frac{500}{1000} \times100\\ \\ =\frac{50000}{1000} \\ \\ =50\%](https://tex.z-dn.net/?f=%3D%5Cfrac%7B500%7D%7B1000%7D%20%5Ctimes100%5C%5C%20%5C%5C%20%3D%5Cfrac%7B50000%7D%7B1000%7D%20%5C%5C%20%5C%5C%20%3D50%5C%25)
Therefore, the market share of the largest firm is 50%.
Answer:
False.
Explanation:
Selectorate theory differentiates between different types of dictatorships, as well as between dictatorships and democracies. The key factor that distinguishes democracies from dictatorships is the size of the winning coalition.
Answer:
The correct answer is B
Explanation:
Delivery gap is the gap which is the difference among the service delivery policy and the standard and the actual delivery of the product or the service.
Marcel works in the department of linen, so when the customer reaches the store for collecting the tablecloth ordered by her but got disappointed by knowing that the delivery has been delayed. Therefore, Marcel is trying to cover the delivery gap by offering that the product will be delivered to the residence of the customer.