Answer:
b. Is developed for a single level of expected output.
Explanation:
The static budget means the fixed budget i.e fixed in nature. The amount does not changed moreover there is no significant changes occurred in this type of budget. If there is any business fluctuations or any other kind of fluctuations it does not impact at all
In addition, it is developed for a single level of expected output i.e developed for a single activity by considering its expected outcome or results
When firms compete by offering unique product features rather than competing on price, <u>non-price competition</u> occurs; it is when businesses employ tactics to boost sales and market shares without lowering prices.
What is non-price competition?
In non-price competition, a company "seeks to distinguish its product or service from competing items on the basis of features like design and workmanship," according to a marketing strategy. Because it exists between two or more producers who sell goods and services at the same prices but seek to expand their respective market shares by non-price factors like marketing strategies and higher quality, it frequently happens in imperfectly competitive markets.
Types of Non-Price Competition:
Marketing involves a range of approaches (based round the 4Ps), including product differentiation, advertising, promotion and distribution
Learn more about non-price competition here:
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<span>The herfindahl-hirschman index is the measure of the percentage market share of each firm summed over the largest 50 firms in a market.
HHI is the measure of market concentration. It is the commonly accepted measure. if H</span>erfindahl-Hirschman index is low and its four firm concentration ratio is low then the market is considered competitive.
This action taken by Karen demonstrates<u> empathy </u>aspects of emotional intelligence.
<u>Answer:</u> Option E
<u>Explanation:</u>
The ability to recognize or sense what someone else experiences from inside their conceptual framework, that is, the ability to put oneself in the place of someone else is termed as "Empathy". This includes a wide variety of emotional responses. There are forms like cognitive empathy, emotional empathy and somatic empathy.
Here when Karen recognized that her staffs are suffering from huge stress due to bundles of responsibilities, targets, lengthy to do lists etc, she felt they need measure which may reduce there load. The empathy which occurred within Karen helped her to take appropriate decisions for the welfare of her staff.