Answer:
<u>Understand the decisions</u>
Explanation:
Whenever people as a group discuss a matter, bringing out all argument in favor and against a decision and subsequently settle upon a course of alternative, such an activity promotes mutual understanding and resolves conflicts.
Involving the people in decision making process, who will ultimately implement a decision, builds trust and makes the implementation process much smoother as employees are able to gain a better understanding.
In the given case, Terra invited her staff for discussions, exchange of ideas and thoughts so as to collectively as a group, arrive at a decision. Members in such a scenario will be able to appreciate the decision better and such an activity helps people to gain a better understanding of the decision.
Answer:
a consumer surplus of $10 and Tony experiences a producer surplus of $190.
Explanation:
Consumer surplus is the difference between the willingness to pay of a consumer and the price of the good.
Consumer surplus = willingness to pay – price of the good
$340 - $330 = $10
Producer surplus is the difference between the price of a good and the least price the seller is willing to sell the product
Producer surplus = price – least price the seller is willing to accept
$330 - $140 = $190
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Answer: Cost focus strategy
Explanation:
The cost focus strategy is one of the type of business strategy in which the various types of companies or organizations are try to expand their marketing segments and also emphasizing the cost in the market.
The cost focus strategy is one of the important element and component of the generic marketing strategy in the market.
According to the given question, the ski safety selling the various types of products for the rescue purpose and it outlining the main objective and start selling on the basis of emergency at very high cost.
Therefore, Ski safety is basically pursing the cost focus strategy.