Answer: Cutthroat competition
Explanation:
The cutthroat competition is basically refers to the competitive action that is used for illustrating the various types of laws and regulations for the purpose of consumer protection and the law for the purpose of enforcement the given competitive action.
According to the given scenario, the demand of the fast food are decline now a days as the customers are focuses on healthy diet and the demand are basically shifted towards towards to other alternatives.
Therefore, The given competitive action is basically indicating the cutthroat competition for the purpose of eliminating various types of things by using the destructive action.
Therefore, Cutthroat competition is the correct answer.
The above statement is wrong.
Buyers will opt out of markets in which: THERE IS INADEQUATE INFORMATION ABOUT SELLERS AND THEIR PRODUCTS.
Being a buyer, one does not buy the first item he or she finds right away. Buying something requires research before reaching a final decision. The goods to be bought must be of high quality, from a reputable seller, and is worth its price. Thus, any item that has dubious details will serve as a red flag to the buyer not to buy the product.
Answer:
- The image was different from the thin, too perfect models usually seen in beauty ads.
- The image enabled female consumers to identify with the women in the ads.
Explanation:
Dove's use of women of all sizes and shapes in their underwear was hailed as revolutionary because it was seen as a departure from the thin and perfect models that were often seen in such ads.
These had contributed to the hate that some women felt towards their bodies and Dove's message of body positivity really resonated as women were able to identify with the women in the ads unlike the previously 'perfect' models that had been used.
The result was a massive success as body positivity messages and campaigns were started and Dove benefitted from these in no small way by becoming one of Unilever's biggest brands.
Answer: C. reduced risks
Explanation:
Contract manufacturing refers to when a company outsources the production of certain goods or components that it normally produces to another company and in terms to global markets, to another company in another country ad this is usually done to reduce costs as the company that the production was outsourced to can produce at a cheaper price.
By using this method to reach global markets, the contracting company would be able to reduce financial risk which is the risk that a project will not payback because the costs associated will become less therefore the chances of the project paying back will increase simply because it only has to cover a lesser cost of production.
Complete/Correct Question:
A local community college charges lower tuition fees to local town residents than to nonresidents. This pricing strategy increases the profits of the community college. Using this information, we can conclude that nonresidents must have a ________ for attending the community college than residents.
a. lower demand
b. less price-elastic demand
c. greater demand
d. more price-elastic demand
Answer:
B, less price-elastic demand.
Explanation:
Price elasticity of demand is the degree to which the quantity demanded of a product is affected by its change in price. It can be simply said to be the change in demand as against the price changes.
When the price of a product increases, the demand for such goods reduces. On the other hand, when the price of a product reduces, demand for such good increases.
For the above question, the residents of the community have lower tuition compared to the non-residents. This means that for non-residents to attend this community college, the non-residents must have a less price-elastic demand. It means that non-residents are less likely to attend the community college because of the increase in price.
Cheers.