The good consideration while selecting a bank includes:
- number of near ATMs or bank branches.
- knowledge of personal usage habits and needs.
<h3>What is meant by
good consideration?</h3>
The consideration here means the act of assessing the favorable condition over unfavorable condition while trying to select a bank.
So, the good consideration while selecting a bank includes number of near ATMs or bank branches and knowledge of personal usage habits and needs.
Therefore, the Option B is correct.
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Answer:
B) 0.7; inelastic
Explanation:
The computation of the absolute value of the price elasticity of demand is shown below:
Elasticity is
= [(Sales - prior sales) ÷ ( Sales + prior sales) ÷ 2] ÷ [(price - dropped price) ÷ (price - dropped price) ÷ 2
= [(1,040,000 - 890,000) ÷ (1,040,000 + 890,000) ÷ 2] ÷ [(25,000 - 20,000) ÷ (25,000 + 20,000) ÷ 2]
= (150,000 ÷ 965,000) ÷ (5,000 ÷ 22,500)
= 0.15 ÷ 0.22
= 0.7
It is less than one so the demand is inelastic
Getting rid of old stuff to people who want it instead of throwing it away.
Answer:
Different aspects to be considered:
First of all, the steakhouse probably has the most clients between 6 to 8 PM, that is why discounts are not offered during that time.
Second, the discount is offered to only a certain group, employees of other stores, because it is a promotional strategy aimed at increasing the number of clients during slow hours. Since this is a fancy place, it is probably expensive also. Most employees would not actually eat there except on a special event, e.g. birthday or anniversary dinner. Even with the 20% discount, not many of them will actually eat there.
This is something nice to offer, since a shopping mall is a close environment where a lot of different people work together, even if very few will actually take the offer. It is normal that different stores have distinct promotions for the employees that work there. It is similar to offering perks that help create a better working environment between the employees of different stores.
In a direct channel, the same member both produces and distributes a product or service to consumers.
<h3>What are Distribution Channels ?</h3>
Distribution channel (or supply chain) set of institutions that transfer the ownership of and move goods from the point of production to the point of consumption - consists of all the institutions and marketing activities in the marketing process.
There are two types of distribution:
Direct-occurs when the suppliers and the tourist deal directly with each other. A direct channel allows the consumer to make purchases from the manufacturer
Indirect- occurs when part or all of the functions are handled by an intermediary. A indirect channel allows the consumer to buy the goods from a wholesaler or retailer.
Therefore, we can conclude that the correct option is B.
Your question is incomplete, but most probably your full question was:
In a(n) ________ channel, the same member both produces and distributes a product or service to consumers.
a. tiered
b. direct
c. horizontal
d. vertical
e. exclusive
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