You work for a Public Relations Consultancy that has been approached by the German company DHL to assist with their Public Relations activities in Southern Africa.
Answer:
It's A) High school athletes stop shopping there and B) The inventory of sports socks goes unsold
Answer:
Business format
Explanation:
The business format franchise model is an agreement in which the franchisor provides the franchisee with the established business that involved the name, trademark also it could be run in an independent way. The commission is to be taken by the franchisor from the franchisee in providing this service
Therefore as per the given situation, the business format would be relevant and the same is to be considered
Answer: stable, heuristic, heterogeneity and volatility
Explanation:
In relatively stable markets, heuristic might be acceptable; however, with substantial heterogeneity and volatility, they often lead to poor trade-off decisions.
It should be noted that heuristics are simply mental shortcuts that help ease decision making and examples rule of thumb, using trial and error, an educated guess etc. This often leads to poor decisions in the end.
Answer
The calculation that helps to determine which producer has the absolute advantage is:
B. The amount produced divided by resources used
Explanation
Productivity is calculated by dividing the amount of output produced by the inputs used in its production process. The size of the output is divided by the resources used to produce the goods to determine the advantage/profit acquired in a business process.This will give the producers ultimate advantage as compared to number of time the bussiness will pay back.