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Debora [2.8K]
3 years ago
13

Marietta is the product manager at Fireflies Ltd., a company that designs and manufactures clothes and fashion accessories. Noti

cing the rising popularity of rhinestone jewelry and the fact that only a handful of stores actually stocked it, she decided to take advantage of the latent demand in the market. Marietta knew that she was taking a risk by committing organizational resources to pursuing this idea, but was confident about the merit of her decision. In deciding the allocation of resources for attaining her goals, which managerial task can Marietta be said to be performing?
a. Leading
b. Organizing
c. Planning
d. Restructuring
e. Controlling
Business
2 answers:
GuDViN [60]3 years ago
8 0
B is the answer... If im right
dmitriy555 [2]3 years ago
7 0
<h3>Hello there!</h3>

Your question asks what managerial task Marietta is performing from what she said.

<h3>Answer: C). Planning</h3>

The reason why answer choice "C). Planning" is the correct answer because this is what she's specifically performing. The way she is performing planning is that she noticed that there was a increase in demand of the rhinestone jewelry, so she is going to plan out how she's going to get the rhinestone jewelry in the company's stores.

Also, she's planning all of the organizational resources in order to make sure that her idea works and helps the business become successful in profits, since not a lot of businesses are selling the rhinestone jewelry. She needs to plan out how she's going to attain the resource, the rhinestone, and complete her goal by selling it in the stores.

<h3>I hope this helps!</h3><h3>Best regards,</h3><h3>MasterInvestor</h3>
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Answer:

Inelastic

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percentage change in quantity demanded =

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percentage change in price = $10 - $8 / $8 = 0.25 = 25%

Elasticity = -12.5%/25%= -0.5

Demand is inelastic because the elasticity of demand is a less than 1.

Elasticity of demand measures how quantity demanded changes when price change.

Demand is inelastic when a change in price has no effect on quantity demanded. Inelastic demand has a value of less than 1 .

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Answer:

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