Answer:
The correct option is C,productive efficiency
Explanation:
Allocative efficiency occurs when goods are produced to reflect the preferences of the consumers.This means that the producers are not concerned about deploying their resources in the most efficient manner as the overriding point is the satisfaction of customers' expectations.Hence option B is wrong.
Voluntary exchange refers to process of suppliers and customers engaging in business transactions with freewill.
However,productive points to effective and efficient allocation of resources to yield maximum output and at the lowest possible cost per unit.No doubt option C is the correct answer.
The correct answer is when you have large volumes of data you need to track and analyze. This is because a database is used to arrange large volumes of data so that they can be easily accessed or tracked,managed and analysed. As such, a good time to create a database will be when you have large volumes of data to track and analyse.
Answer: True
Explanation:cross docking is often used because it a simple process and to increase efficiency in operations .
The definition above is similar to numerous definition of cross docking and captures the essential features of cross docking .So the answer is true
Answer: Partnership selling
Explanation:
Partnership is a firm of business that occurs when two or more people pool their resources together on order to achieve a common goal.
Partnership selling focuses on the creation of a buying environment
that is based on the customer defined value. For partnership salespeople, they create a bridge between themselves and the customers which give them win-win solutions.
Answer:
The correct answer is: None of the above.
Explanation:
At its most basic, born global firms are those incorporated to engage international operations through the purchase and sale of goods between different countries. Companies established to handle domestic business that due to increasing demand, start international operations are not considered born global firms. Most born global firms start by exporting products. From there their inherent international nature.
