An adequate supply of complements to a product results in: a. more customers opting for the product. b. higher switching costs.
c. a significant decrease in sales of the product. d. a significant decrease in customer demand for the product. e. the company failing to win a format war.
Explanation: It is important for a companies and businesses to ensure that in addition to the product they deal in itself, there is an adequate supply of complements. Complements to a product are products whose use is related to the use of an associated product, as such, its appeal increases with increasing use or popularity of its complement. An adequate supply of complements to a product results in more customers opting for the product.
Media: The low positioning of the Colorado School framework is getting a great deal of inclusion in predominant press and online life
GenX: GenX's posterity are starting to enter auxiliary schools. This age requests a tech-rich encounter for it's youngsters
Monetary Downturn: As the economy eases back, less families can bear to send their children to tuition based school, bringing about expanded government funded school enlistments
<u>Micro-environment:</u>
Bring your own tech More schools are urging their understudies to cell phones and tablets to class which permits students to discover data online instead of in reading material.
Finance Department: Financial investigators propose that a 10% cut in costs is vital one year from now to expand Gerfachs return on deals
Contenders: Gerfach faces expanding rivalry from firms that produce digital books as it were