In supermarket retailing, 25 percent of end caps should be unadvertised "sale" items that will cause the customer to be alert when looking at an end caps while travelling through the store.
Explanation:
"Unadvertised" means that only clients who are shopping in this store are advertised.
For example is an item that was marked down in between printings for the weekly store sales flyers.
So the deal may not have made the flyer, but you will see the shelf label that marks the item as discounted once it is in the store.
Unadvertised retail prices play a competitive role. For this model, we produce a balance of rational prospects in which each store randomly announces the cost of one product in accordance with a blended approach.
Answer:
The correct answer is letter "A": We respond to marginal benefits and marginal costs.
Explanation:
Rational Choice Theory assumes an individual will always make prudent and optimal decisions that yield the most benefits. It is the basis of most mainstream economic theories. The rational choice theory considers the marginal benefit compared to the marginal cost of individuals' decisions. It could prevent people from taking an option without analyzing what is most beneficial for them.
<h2>Choices companies give customers of the features to be included on the products they purchase are known as "options".</h2>
Explanation:
Options are nothing but an enhanced version of the basic product.
There are 'n' number of examples which can be given and I am listing few.
Example 1: Shampoo
Shampoo is the basic product, adding on to it with little conditioner effect and fragrance enhance the existing model and customer likes the enhanced feature / option.
Example 2: Automobile products
A basic automobile with rear mirror, seat cover, carpets, etc to attract customer.
Example 3: Mobile phones
Almost all the customers look mainly for the features and they get attracted towards the purchase only by reading the features.
Features are added to keep the product live in the market.
Answer:
$9,400
Explanation:
The computation of deductible expenses is shown below:-
Airfare = $400
Lodging = $300 × 5
= $1,500
Meals = $150 × 5
= $7,500
Total deduction = Airfare + Lodging + Meals
= $400 + $1,500 + $7,500
= $9,400
Therefore for computing the total deduction we simply add airfare, lodging and meals and hence the total deduction is $9,400
If he chose to, Rich can enforce the contract against Adrienne's estate. This is because, sickness or death of a promisor is not an avenue or excuse for non-performance in contracts such as this, which can easily be delegated to another person for performance.
