The amount they will receive for this quarter is 125
In the economic term oligopoly, olig means few. So in an oligopoly, the market or industry is run by a small number of large sellers. When there are a few number of sellers, they have a large influence over their customers and the economy.
Answer:
vertical integration
Explanation:
In this case, Luxury Linens is both producing and selling their products. This means that they vertically integrated the sales channel.
There are two types of integration strategies:
- vertical integration: e.g. when a producer decides to acquire a supplier or decides to produce their own supplies and not buy them from someone else. Or the producer can decide to start selling and distributing their products directly to the final customers.
- horizontal integration: e.g. when a large online retail store like Amazon decides to acquire or start operating other types of retail stores like Whole Foods or other brick and mortar stores. A company will acquire or merge with another company that operates in the same level.
Answer:
C. Matrix Organisation.
Explanation:
This is an organisation or work pattern where one/employee reports to more than one boss. It is used mainly in the management of large projects or product development processes, drawing employees from different functional disciplines for assignment to a team without removing them from their respective positions.
Employees in a matrix organization report on day-to-day performance to the project or product manager whose authority flows sideways (horizontally) across departmental boundaries.
Answer:
Positioning refers to the place that a brand occupies in the minds of the customers and how it is distinguished from the products of the competitors
