Answer:
The correct answer is letter "C": "To our valued consumers:".
Explanation:
Conveying goodwill in writing messages imply stating the reasons why a given party conducted businesses that ended up being harmful. The firm at fault should explain what it was pursuing and why it was not able to expect such an adverse situation. At all moment the message must be formal and highlight the importance of continue doing business with consumers.
Under that scenario, "<em>To our valued consumers:</em>" is the most suitable greeting to use before starting to explain the facts that took place and the course of action the firm will follow.
Answer:
The reasons why I need to restructure the company's channel of distribution are:
The company is going to enter a new market.
If we don't increase our distribution we are going to lose against our adversaries.
The existing distribution is not going to be profitable.
Explanation:
The arguments behind these reasons are that in the first place we no longer belong to the same market. The company has entered a new market and because it now has this bigger pool of customers we need to increase the channel of distribution or we are going to lose the market. That is the second reason if we don't build a distribution network we are going to let our adversaries sell their products to the new clients because we are unable to satisfy their needs. Third, the actual channel of distribution needs to improve it because if we don't do it we are going to lose by working with the same. the reason is that the capability might not be enough to satisfy the demand.
Moral hazard is the tendency for an insured person to overuse health services because he has insurance.
<h3>
What is Moral hazard?</h3>
- If an economic actor has an incentive to increase its exposure to risk because it does not bear the full costs of that risk is known as a moral hazard
- For example, when an organization is insured, it's going to take on higher risk knowing that its insurance will pay the associated costs
- When the actions of the risk-taking party change to the detriment of the cost-bearing party after a financial transaction has taken place, a moral hazard may occur.
- Moral hazard can be considered as a type of information asymmetry, where the risk-taking party to a transaction knows more about its intentions than the party paying the consequences of the risk and has a tendency or incentive to take on too much risk from the perspective of the party with less information.
To learn more about Moral hazard: brainly.com/question/26367615
#SPJ4
Answer: Option C
Explanation: In the given case, the audience of the commercial made by Titleist have the same background and social standing. All the people watching the commercial in the given question were standing in a country club, thus, they all had a certain amount of knowledge and interest in golf and have same societal background to a very good extent.
Thus, from the above we can conclude that option C is the right answer.
Economics deals with the allocation and efficient utilization of scarce resources as human wants are unlimited and resources to satisfy those needs are limited in nature. Hence, to utilize the resources in the optimum possible way and meet the demands of humans, the economy allocates scarce resources.
<h3>How Microeconomics allocates scarce resources?</h3>
Microeconomics analyses how scarce resources are allotted efficaciously to the production of products and services. It facilitates in resolving the critical financial issues of the economic system at an individual level.
Thus, in this manner, Economics deals with the allocation and efficient utilization of scarce resources as human wants are unlimited and resources to satisfy those needs are limited in nature.
learn more about allocation of scarce resources:
brainly.com/question/6107102
#SPJ1
