<span>A company can have a product that they want a single customer to be able to use and profit from, they may sell that product to that customer at a lower price, allowing them to purchase more, and blocking out competitors with higher pricing.</span>
Answer: I would recommend Toyota to begin from Step 2,
Explanation:
Toyota should start from start at stage 2 assess the current reality so that they can move to stage 3 formulate a new grand strategy, implement the new strategy and maintain strategic control.
Toyota Strategy to focus on profit did not work out, the company ended up producing sub standard vehicles. Toyota should Assess the current reality and formulate a new Grand Strategy that will not only focus on profit .
Answer:
Supplemental agreement
Explanation:
A supplemental agreement is an agreement which is modified (but not replaced and/or rearranged) with the mutual understanding and consent of both the parties involved. The binding spirit of the contract is not affected because of this modification, nor the mutual considerations to be transferred. The reason behind a supplemental agreement could be anything, it might be because for the inclusion of some important consequences that were previously left unmentioned, which could have increased the contractual inadequacy risk for both the parties or any reason detrimental to legal and/or financial capacity of the parties involved.
Answer:High purchasing power
Explanation:High purchasing power is the financial ability to buy products and services.
Purchasing power is the value of a currency expressed in terms of the amount of goods or services that one unit of money can buy. Purchasing power is important because, all else being equal, inflation decreases the amount of goods or services you would be able to purchase.
The costs of goods and services are among the most important determinants of purchasing power. When the price level rises, purchasing power decreases, and when the price level falls, purchasing power increases, if all other factors are held equal.
