5.)d.products shortages and waste
6.)b.other countries quickly bought the low-priced products
Answer:
d. a matter of establishing relationships.
Explanation:
Selling involves creating a relationship with the prospect.
The sales relationship has the short-term value you get from the customer.
There is also the long-term life-time value of the customer to be considered.
Sales based on referrals are the easiest to obtain and give best value.
Good relationships give rise to refrrals.
Answer: b.Correctly ignored a sunk cost
Explanation:
Sunk costs are those that are already incurred and should not have any influence on the decision to be made.
The cost of the ticket to the play has already been incurred and could not be sold, exchanged or transferred so was a sunk cost. By going to the concert with Simone, Ravi decided to ignore a sunk cost and he was correct to do so.
Alison's business idea of coffee shop in a small city with coffee beans that are fair trade certified, shade grown, and organic is best described with the following degree of competition : Monopolistic competition. (B). The coffee shop will <span>sell products that are differentiated from the product of other coffee shops (because of the special coffee beans). Which means there won't be perfect substitutes. This makes the competition monopolistic. </span>