The statement that is true here is:
c.
Max has made a counter-offer.
Explanation:
Max here is giving another offer on the above of the offer that is given by Allie the travel agent.
He is trying to bargain himself into a better position in the deal and then to seal it as he can see an obvious profit in the game.
Thus, this counter deal that is offered puts both parties in a situation of advantage and either of the two can make things final or obstruct the deal spending on if they would want this deal to take place on the given terms or would want better terms.
Answer:
Supply is an example of a none of the above
Explanation:
fixed cost, opportunity cost, and variable cost are not examples of supply
Answer: Secondary data
Explanation: In simple words, the data that is collected by someone and is used by someone else is called secondary data. Government reports and surveys by other such organisation are two of the many examples of secondary data.
In the given case, Sandra collected information for her future business from the published research reports. She did not collected data from a census conducted by herself.
Hence, from the above we can conclude that the correct option is B.
A company that rents bikes to students without any supporting business processes has likely implemented a differentiation competitive strategy.
<h3>What does "competitive strategy" mean?</h3>
A business uses a set of rules and practices known as a competitive strategy to acquire a competitive edge in the market. It is the procedure for choosing and carrying out steps that enable a corporation to strengthen its position in the market.
A company's competitive strategy is its long-term action plan, which is intended to provide it a competitive edge over its rivals after assessing their industry-specific strengths, weaknesses, opportunities, and threats in comparison to your own.
In essence, differentiation in business relates to the idea of distinguishing your business from the competitors by a particular feature, such your distribution system or pricing point.
Learn more about strategy on:
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Answer:
Ted's net cash flow is zero. Therefore, he might want to work on managing his income to get a positive net cash flow. There is no indication that Ted is putting any money in savings.
Hope it helps!
