Answer:
Perfectly Inelastic
Explanation:
Demand can be defined as the total quantity of a commodity which a consumer is willing and able to buy at a particular time and price.
There are several types of elasticity of demand a perfectly elastic demand is one that quantity remains the same regardless of a change in price
Answer: Product Life cycle
Explanation: Product Life cycle is a concept used to describe the various stages which a product will have to undergo from the time of introduction into the market till the time it will eventually be out of the market. Different products have different life cycle,the life cycle is determined by different factors. The shape of a product's life cycle is that of a BELL SHAPE
The stages include Introductory stage, Growth stage, Stabilization stage and decline stage.
Answer:
E)Employee involvement
Explanation:
Employee involvement can be regarded as taking part of employees in decision-making process that are crucial to the organization, so that the goals of the organization are met. When employees there is involvement of employees in making decisions, there will be some professional as well as personal stake gained by the employee in the organization as well as the organization overall success. As a result of this there would be increased productivity in part of employees because they will take part actively in various aspects that will bring about success of the firm.
Product-service bundling is adding Value-added services to a firm's product offerings to create more value for the customer.
