Answer: To answer this, we must first add the options.
A) richness
B) depth
C) dynamism
D) complexity
The answer is D. Complexity
Explanation: The Environmental Complexity of an organisation is the total amount of elements or components involved in an organisation's operations. This also includes the extent of the knowledge that the organization has about those components/elements.
The company in the question above reduced it environmental complexity from 3,000 suppliers to less than 300.
OPTIONS:
(A) A time objection
(B) A price objection
(C) A need objection
(D) A product objection
(E) A source objection
Answer:
D.) A product objection
Explanation:
When trying to sell a product to a prospective customer, there are several concerns raised by the prospective customer as a reason why they seem not willing to purchase such product or service being proposed to them. These concerns that make prospective customers to make a purchase is what is referred to as objections in marketing.
There are several types of objections that can be raised, one of which is referred to as product objection.
Product objection has to do with any concern raised about the product which prospective customers give as reason why they are not willing to make a purchase. In the case described in the question above, the concern that Jonathan's prospects are raising is related to the nature of the product as they are not willing to make a purchase because the Juicer is too bulky and is not easy to clean. It is not a time, price, need, nor a source objection. It is a product objection.
Entrepreneurship - people who run business and create the business themselves
Answer:
This is an example of shoe-leather costs of inflation.
Explanation:
In this case, local currency looses its value so quickly that <u>Lorenzo is doing a great efford to mantain the value of his work.</u> Then we can refer to shoe-leather cost of inflation, which is related to cost of time and effort that Lorenzo spend trying to avoid the lost of purchaising power.
<span>Firms using the Harvesting approach during the decline stage of the product life cycle will gradually reduce marketing expenditures and use a less resource-intensive marketing mix.
In business, harvesting approach is a practice to exploit as much profit as possible from a certain company's product before it pulled out from the market. Usually being done because the firms want to replace the product with a newer one.</span>
