Answer:
Reminder.
Explanation:
Reminder advertising is basically the key to retain customer by briefly messages them to remind them about a new product or anything.
Answer: Managers cannot determine the changing speed of an industry or the rate of innovation.
Explanation:
A drawback of Porter’s five forces model is that managers cannot determine the changing speed of an industry or the rate of innovation.
With Porter's five-forces-plus-complements model, it is difficult for an economic entity to determine the rate if innovation in an organization or the changing speed of the industry and this means that the managers have to repeat their analysis constantly so as to have a picture of their industry that is more accurate.
Answer:
B. Comparative advantage
Explanation:
Comparative advantage is when a country or company can produce goods using fewer resources compared to its rivals. It means the product will cost much less when produced by the country with a comparative advantage.
A comparative advantage means that a country will produce more output of a product when using similar inputs as rivals. The country or company can, therefore, avail the product in the market at a lower cost. Other countries stand to gain when importing products from countries with a comparative advantage than when they manufacture.
