Answer:
A) customer relationship management.
Explanation:
Based on the scenario being described within the question it can be said that Sabre Hospitality Solutions is a company that focuses on customer relationship management. This refers to an approach tailored around the company's interactions with the customers as well as obtaining and retaining their customer base in order to drive sales growth. Which is what Sabre Hospitality Solutions seems to be doing by trying to implement customer rewards and loyalty programs to grow their customer loyalty and population.
Answer:
systematically
Explanation:
Marketing research is a process in which the market researchers use specific methods to get information that allows them to generate a better understanding of the market. This requires the review of data to find sufficient information that is relevant for the topic. According to this, the answer is that to be effective, market researchers must systematically collect, record, analyze, and interpret data because systematically indicates that the process requires an orderly form to find all the information about a question and that is what market rearchers have to do.
The other options are not right because occasionally means sometimes and eventually means in the end and collect, record, analyze, and interpret data is a permanent part of researchers' job.
Intravenously means giving something through the vein which is not related to marketing research and randomly means without method and market researchers use methods to evaluate information.
Answer:
A
Explanation:
Deadweight loss of tax measures the decrease in demand as a result of an increase in tax
Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.
Price elasticity of demand = percentage change in quantity demanded / percentage change in price
If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.
Price elasticity of supply measures the responsiveness of quantity supplied to changes in price of the good.
Demand is less elastic in the short run because there is no enough time for consumers to find suitable and cheaper substitutes. As time goes on, demand becomes more elastic because consumers would have had enough time to find cheaper substitutes
Supply is also less elastic in the short time and more elastic in the long run