Answer:
C. Satisficing model
Explanation:
Satisficing model aims at reaching and receiving the results which makes the desired person satisfied with the results.
It basically provides the company and its management to not only find an optimal solution but a solution which is satisfying for the management.
Thus, in the given instance management sets a prescribed percentage as results they desire for sales, and related profit which further results in desired level of growth.
Thus, this is about satisfactory results that is Satisficing model.
Answer:
D. Productivity (and thus aggregate supply) grew faster than previously.
Explanation:
This was seen to take place in the second half of the year 1990 which is seen to be in the 20th century explaining trade run-off between inflation and unemployment; this is seen to directly talk of their relationship and how they did not seem to arise in the years second half. A lot of factors are seen to have effect on this but the rate of change in unemployment. It is seen that when an economy is booming, employers will bid more vigorously for workers, which means that demand for labor is increasing at a fast pace therefore, they would if the demand for labor were either not increasing or doing so at a low pace.
Paid personal communication that seeks to inform customers and persuade them to purchase products in an exchange situation is Personal selling.
What is personal selling?
- In order to influence a customer's buying choice, personal selling is a personalized sales technique that involves direct communication between a sales representative and potential customers.
- Globalization, the rise of the internet, and the emergence of social media, however, have made personal selling only one of many selling and marketing strategies.
- The selling strategy might not be as popular as it once was. Yet there are so many businesses that significantly rely on this approach to selling.
What are the objectives of personal selling?
- Building strong, long-lasting relationships with consumers.
- Boosting demand for the offering.
- Increasing sales.
- Supporting the customers.
Learn more about the personal selling with the help of the given link:
brainly.com/question/18240042
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