Answer:
Forecast and planning
Explanation:
An anticipatory model is a model under which market forecast determines the production of products by the manufacturer, and purchases by retailers also determined by forecasts and promotional plans. Since the forecasts are wrong most of the times, anticipatory model usually leads to differences in the actual production of the firms and what they initially planned to produce.
Anticipatory Model is a risky model because anticipation of future events always determines the work to do by the firm.
On the contrary, the Responsive Business Model does not depend on forecasts, but ensure that what to be done are adequately planned and information among firms in the supply chain are properly exchanged. This makes the model not to be risky and ensure doing more than what has already been planned is avoided. Therefore, the aim of the responsive model which also known as Pull Model is to eliminate reliance on forecast.
The major reason the Responsive Model has become popular in supply chain collaborations is that it allows for the customization of products on smaller orders by customers. However, the Anticipatory Model does not give customers any choice or power but to buy or not buy.
Answer: irate
Explanation: In simple words, irate refers to the complainers who share their negative opinion about an organisation within a small group. They usually complain so that others could benefit from their review.
In the given case, Tom is complaining about the lousy service from his friends but not to any third party. Also, he is doing so with the intention of awaring others.
Hence from the above we can conclude that Tom is an irate kind of complainer.
Answer:
$119,070
Explanation:
The computation of warranty expense for the month of November is shown below:-
Warranty expense for the month of November = Sold printers × Warranty percentage × Average cost
= 27,000 × 3% × $147
= $119,070
Therefore for computing the warranty expense for the month of November we simply applied the above formula.
Answer:
Letter b is correct. <u>Seasonal.</u>
Explanation:
Seasonal unemployment occurs when there are unemployed people at certain times of the year when the demand for a good or service is less than at other times.
This is a situation that occurs more frequently in tourist areas, such as the one mentioned in the question above, due to the fact that there is a greater demand for work in the high tourist season months.
The ideal is for workers who suffer from seasonal unemployment to seek economic adjustment in the low season months and diversify their activities during this period, to find other activities that guarantee the maintenance of income. It is also important for the government to create public employment policies so that this problem does not happen.
Answer:
Consumer pull caused a company to change its practises.
Explanation:
Consumer pull marketing is when a company devices several means to get customers to buy its products. The aim is to increase product demand, win and retain customer loyalty. Unlike consumer push which is a method used to dispose already existing products by bringing them to consumers ; consumer pull attract buyers to its product.
Generally, most companies uses several advertising mode like word of mouth referrals, placement of a product in a strategic place, sales promotion, blogs etc to stimulate the demand for their products since they know customers are looking for products that would meet or suit their need but needed to be attracted to the solution offered by the company.
Morever, the cost expended on consumer pull marketing is way higher before it becomes a brand and household name among consumers. As in the case above, the celebrities have influence on consumers demand for the products even though they have interest in purchasing them hence result to fall in market share.
Example of consumer pull marketing is children wares. Companies would get the wares advertised through various channels such that children and parents becomes attracted to them. Once they are attracted, demand for these wares will increase and retailers would also want to stock up their shops with these wares.
The whole process of the above example is called consumer pull because the company has been able to get customers to buy its products.
