The statement "Diversity becomes the critical & bottom line strategy of the business for the today economy" is true.
The information regarding diversity is as follows:
- There is a recent study regarding the Boston Consulting Group i.e. BCG in this, the diversity rises the bottom lines for the organization.
- It has a direct impact on the bottom line.
Therefore we can conclude that the statement "Diversity becomes the critical & bottom line strategy of the business for the today economy" is true.
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Answer:
psychographic.
Explanation:
Psychographic segmentation is the process by which consumers are grouped on the basis of shared psychological characteristics such as personality traits, attitudes, values, beliefs, motivation, and priorities. This tool is used to explain and predict consumer behaviour.
This is one of the most effective methods of segmentation, and engages in product design and marketing in a focused manner.
C2B Solutions is practicing psychometric segmentation by segmenting its clients by the following; Self Achievers, Balance Seekers, Priority Jugglers, Direction Takers and Willful Endurers.
Answer:
a) Marginal cost of waiting is greater than the marginal benefit of being served
Explanation:
For an economic perspective, customer leave a fast food restaurant as they find the marginal cost of waiting is higher than the cost of marginal benefit of being served at restaurant.
Marginal cost: In economics, it is a cost that is incurred for an additional unit of benefit received out of certain action or activity.
Marginal benefit: It is a benefit received for an additional unit of cost incurred during the activity taken place.
Therefore, customer have done analysis on the benefit of waiting in a queue for getting served at restaurant, which he found that marginal cost is greater than the marginal benefit of being served.
To measure changes taking place in your financial situation, you probably need to calculate financial ratios.
<h3>What is financial ratio?</h3>
A financial ratio can as well be described as the accounting ratio which is the relative magnitude of two selected numerical values that is been gotten from a enterprise's financial statements.
It encompass many standard ratios used to try to evaluate the overall financial condition , hence To measure changes taking place in your financial situation, you probably need to calculate financial ratios.
Learn more about financial ratios at:
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Answer: information-sharing
Explanation: The meeting involves sharing of most recent findings so it illustrates the information-sharing function of meetings. A meeting is describes as an assembly or gathering of people for a purpose. The information-sharing function of meeting describes the exchange of information between attendees about a specific issue and/or information and updates. Since the purpose of this type of meeting is mostly educational or presentational, they have a likelihood of becoming boring and too filled with information. In these instances efforts are made to ensure that the attendees are engaged by providing questions and feedback channels among others.