Answer: Marketers need demand-based price information in industries dominated by price competition.
Explanation: In a competitive market, marketers need to study the price of other marketers in the market. This would enable the marketers to know how to adjust their prices to attract customers to their products.
A competitive market is one which is controlled by the forces of demand and supply.
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The most common source of business system failure is : B ) data quality
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Answer:
The ethical dilemma that Marco Manager is facing having to choose between trying to keep an existing friendship (at least he believes that they are friends) or doing the right thing as a manager, which would involve investigating why the money is missing and most certainly firing the employee.
Answer:
Direct selling succeeds because it provides customers with a social shopping experience.
Explanation:
Direct selling: In business, the term "direct selling" is described as a process of selling different products to the specified customers directly in a "non-retail environment". However, the products that are being sold through "direct sales" are generally not found in some typical locations, that means finding a specific rep or distributor is considered as a single method of buying different services or products.
The Greek letter beta is used in acceptance sampling to indicate the producer's risk of rejecting a high grade lot. Total, comprehensive inspection is never economically feasible. When the cost of inspection is modest, 100% inspection is acceptable.
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What does economically feasible mean?</h3>
economically feasible operations are those that generate more money than is required to cover the costs of running the gaming operations or the costs of the ancillary operations, as applicable, for the operations in question.
When the market and economically feasible investigations are finished, it's time to assess the business feasibility. The venture opportunity's financial model and break-even analysis are the primary goals of this work. In other words, how much income earned from units sold is necessary to break-even and over what timeframe, based on the costs of goods sold, capital costs, management, and administration.
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