Answer:
A. True
Explanation:
The strategy that is meant to ensure customer loyalty, communication and long term patronage is known as relationship marketing. This type of marketing tries to have an emotional connection and open communication with its customers so it can deliver goods and services that are suited to the customers needs.
Elodie's actions of meeting up with already existing customers and making sure they are satisfied by her service is consistent with relationship marketing.
Traditional marketing focused more on getting new customers for its products and services while ignoring already existing customers. It was soon found out that already existing customers were not to be ignored as they were important because of referrals they could give and continued patronage, that was when relationship marketing was formed.
By checking up and getting feedback from college professors who had already purchased her books and already using it, she was able to form a relationship with them which comprised of loyalty and commitment.
In future, when such college professors would want to purchase another set of books, they are likely to buy from Elodie's company.
'Elastic' goods-is something in the market that is high in demand (in publicity-and that people buy it.
Ex beef is a great example of an elastic good. If you set the beef to a higher price than usual-customers will not buy it as expectedly as before.
'Inelastic' goods like gas- is a perfect example because if you set gas in high price-customers would not question it and pay for the price of gas anyways. (Due to it fulfilling customers' needs only.)
To answer your question, a horizontal demand curve is when you have a fixed demand in price (people are buying it has demand) and that supplies have ample quantity. (Supplies are high quantity)
Demand for a good in the horizontal demand curve is 'moderately elastic' because the supplies have quantity more than the fixed demand. It fits modernly elastic-customers are not buying as much due to high price and therefore supplies of quality increases. Just like the beef example.
The Answer is A
If the horizontal demand curve is 'inelastic' then it would be the opposite- demand would be higher than the quantity of supply.
Hope this helps :)
Answer:
b. is more meaningful if compared to other financial information
Explanation:
The financial statements includes the income statement, balance sheet, cash flow statement, etc
The analyzing of the financial statements of a company determines the current position of the company with respect to the profitability, performance, liquidity, etc
So, the single item of the financial statement should be more important as compared to the other financial information
Answer:
The answer would be FALSE
Explanation:
A performance appraisal, also referred to as a performance review, performance evaluation, development discussion, or employee appraisal is a method by which the job performance of an employee is documented and evaluated.
Performance appraisals are a part of career development and consist of regular reviews of employee performance within organizations. Annual performance reviews have been criticized as providing feedback too infrequently to be useful, and some critics argue performance reviews in general do more harm than good.
Organizations with HR strategies that emphasize developing long term relationships with highly skilled employees have been shown to be more effective.
Answer: The answer is D; <em><u>talking to only those you think can help you. </u></em>
Explanation:
When someone is networking at a social gathering, it is imperative to always speak to as many people as possible. Each person has a different take on things and has other professional contacts that can may be helpful to you in the future. Always introduce yourself with a smile and hand out business cards to others.
