Explanation:
Uses:
-Cooking
-Heating
-Smoking
-Cooling
-cheap to use
Harmful:
-Can cause high temperatures; cause heat boils, heat stroke
-Pollution of damaging eater ecosystems
-Can only be constructed in areas where temperatures below the earth's surface.
-Needs extensive research
-Can be forced to operate in relatively remote areas
Answer:
The correct answer is letter "B": demand tends to be inelastic.
Explanation:
Inelasticity is a characteristic that goods and services have by which their demand does not change in front of fluctuations in price.<em> Consumer staples are considered inelastic goods since people need them to cover basic needs. </em>
Inelasticity is calculated by dividing the percentage change in quantity demanded by the percentage change in price. If the result is lower than one (1) the demand for that good or service is inelastic.
Answer:
Correct answer is (A)
Explanation:
Product X because it has less certain demand.
Product X has a higher standard deviation of demand, its optimal order quantity is greater given the same mean and critical ratio.
Answer:
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Explanation:
Answer: Strategic planning
Explanation: In simple words, strategic planning refers to the group of activities performed by the management with the objective of making all the stakeholders work towards the same goal.
It focuses on allocating capital and resources in an efficient manner so that profit could be maximized.
In the given case, when zappos decided to shift their controlling process they somehow changed their resource allocation.
Hence from the above we can conclude that the correct option is B.
