Answer: Business intelligence
Explanation: Business intelligence is a term used to describe the strategic steps taken to obtain or collect data,carry out the analysis of the data analysis, showing trends, patterns and relationship between factors, treatments and other considerations before making business decisions. Business intelligence is all in modern business processes to adequately explore the advances in technology for Business decisions making.
Answer:
Change in the political factors can affect business strategy because of the following reasons: The stability of a political system can affect the appeal of a particular local market. Governments view business organizations as a critical vehicle for social reform. ... Government actions influence the economic environment.
Explanation:
Answer:
d. a monopoly firm reducing its price in an attempt to maintain its monopoly.
Explanation:
In a competitive system, a firm practices predatory pricing when it charges prices below its costs in order to eliminate competitors. When the prevailing system is a monopoly, the firm is the only company providing the good and it can practice predatory pricing in the short term to prevent a competitor from entering the market. Thus the firm remains monopolistic.
Answer:
a specialty product
Explanation:
Based on the scenario being described within the question it can be said that For Denise, the chair can be categorized as being a specialty product. This is a product that very specific individuals will seek to purchase due to the product's unique characteristics or the individuals loyalty to a specific brand. Which is the case with Denise, since she is loyal to the brand and wanted a chair only from that specific brand.
I would say a
<span>.increase in supply</span>