Answer: Primary activity.
Explanation:
Value chain analysis occurs when an organization carefully analyses their activities to know areas they need to maintain and areas to improve on, to excel above their competitors. When an organization introduces new equipments to help enhance production, they are trying to improve on operations which is a primary activity in value chain analysis.
Price inelastic. If the percentage change in quantity demanded is less than the percentage change in price, demand is said to be price inelastic, or not very responsive to price changes.
Answer:
Cash Cow (high market share and low market growth).
Explanation:
BCG matric highlights products/SBUs(strategic business units) on the basis of their market share and market growth.
Four categories are classified on this basis:
1. cash cows (high market share and low market growth)
2. question marks (low market share and high market growth).
3. dogs (low market share and low market growth)
4. star (high market share and high market growth)
The examples mentioned indicates that nabisco Oreo cookies are cash cows similarly coke is a cash cow product.
cash cow products generates enough cash flows to milk other products in the portfolio.
Answer:
Solo exchange.
Explanation:
Solo exchange is a type of market exchange where there is a short time horizon for the customer-salesperson relation or interaction. This exchange is conflicting in nature, involving a bargain system.
It involves no bonds or any interest in the other party. Consisting of a simple transaction, this short term interaction involves the parties caring about their interests. So, when Adam bought the items from a small store that will never be revisited constitutes a form of solo transaction.
