Answer: Menu cost
Explanation:
Menu cost is the cost to a firm due to constant price changes. The name was coined from restaurants who changed their prices constantly by printing new menus.
For a wider definition, the menu costs also include the re-tagging of items, updating of computer systems, and hiring consultants in order to develop new pricing strategies and the costs of printing menus.
Answer:
C) Harry (broker Harry to be more exact)
Explanation:
When a seller signs an agency agreement, he/she signs a contract with the broker, not with the broker's employees.
Depending on the type of agreement that the seller signed with broker Harry, the seller will have to pay one or two sales commissions.
If the seller singed an open listing agreement then he/she will only pay the selling commission to broker Sam (Mary works for him), but if the agreement was an Exclusive Agency Listing or an Exclusive Right-to-Sell Listing, then the seller will have to pay a commission to broker Harry also.
The answer to the question above is option C: they can result in a channel member having too much control. Firstly, we define what vertical system is. From the term itself vertical, the formation of the members is from top to bottom. Therefore, this includes the <span>producer, wholesaler, and retailer and this is where the distribution channel occurs. The reason why this kind of system is a business ethic issue is due to channel members that might have too much control because of their positions and unequal distribution of tasks. </span>
I believe D : ) hope it helps
