1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
LiRa [457]
3 years ago
9

Suppose that gasoline prices increase dramatically this month. Lola commutes 100 miles to work each weekday. Over the next few m

onths, Lola drives less on the weekends to try to save money. Within the year, she sells her home and purchases one only 10 miles from her place of employment. These examples illustrate the importance of
Business
1 answer:
oksian1 [2.3K]3 years ago
7 0

Answer:

The time horizon as in the long run the consumer can change their consumer preferences and adjust to change in price for the goods

Explanation:

At the first moment, Lola demand for gasoline is inelastic as it cannot avoid the cost to moving to his workplace.

As time passes the demand canrespond and adjust to the new information givne by the market/price system

Lola moves to a closer home and finds a solution that wasn't viable in the short run.

You might be interested in
What are the greatest challenges Apple is facing? Detail them by internal weaknesses and external threats. How can Apple transfo
alekssr [168]

Explanation:

The biggest challenges facing Apple today may lie in its biggest marketing construction: its brand.

The Iphone has become a world reference in cell phones with advanced technology and differentiated features. The success of the Apple operating system, the IOS and the latest generation device configured an expressive recipe that configured the company in the world ranking of technological companies in the world.

However, despite being a favorable condition for organizational success, the brand operates with a programmed obsolescence system for its iphones to launch new versions with minor changes for users, such as adding a camera or changes to the design of the device, what constitutes an internal weakness of the company.

An external threat to the company is Chinese competing companies, such as Huawei, which has been growing more and more in the world market offering products as functional and technological as the Iphone.

For Apple to be able to transform weaknesses into strengths and threats into opportunities, it is necessary for the company to use all the added value of its consolidated brand to rethink marketing strategies and offer exclusive advantages to encourage consumers to change their devices newer versions that offer greater differentials and benefits.

3 0
3 years ago
Edwin, an employee at an auto assembly plant for a U.S. auto manufacturer, manages a group of employees who measure the quality
stira [4]

Answer:

Inbound quality inspection department of supply chain management

Explanation:

Purchasing department create purchase order for any product from supply.

once the order shipment reaches to plant, the quality of product is inspected whether product adheres to specification requested during purchase order creation. since product reaches to plant it is inbound logistic and hence inspection of those is termed as inbound logistic inspection.

Inbound logistic inspection is significant part of supply chain management.

5 0
4 years ago
Project risk is lowest during the: Finish phase of the project life cycle. Conceive phase of the project life cycle. Develop pha
olchik [2.2K]

Answer:

Finish phase of the project life cycle.

Explanation:

The finish phase (or termination, or completion phase) of a project life cycle is basically when the project is completed and it is being delivered to the customer. Depending on the project, paperwork and documents are handed out to the customer, contracts with workers and suppliers are terminated. Everyone involved with the project must be notified about its completion and all obligations are paid for.

5 0
3 years ago
Write a report on a trend in business that you’ve observed, and highlight at least the main finding. For example, from the risin
Reika [66]

Answer:

Over the last two years, small businesses have taken to the electronic space as a means of expanding their businesses.

This e-commerce trend experienced an upward spike during the C-19 Pandemic. As businesses were forced to operate remotely, necessity which is the mother of invention, started to thinking of ways to restructure their businesses to operate more electronically using a wide array of online tools and technology.

In a recent survey, 10 out of 50 businesses said they were not reverting back to their former model of operations as they had realised that it was completely unnecessary.

Top reasons given are:

  1. Given the shedding of operation load and streamlining to basic functions whilst retaining the quality of product and or service, they also shed a lot of costs which increased their bottomline;
  2. emote service deliveries enabled them to get into more territories that they couldn't access prior to the C-19 pandemic. Thus leading to an expansion of clientele/market share.

7 0
3 years ago
Typically, in the context of developing effective business messages, the priorities of the targeted audience
Lana71 [14]
Typically, in the context of developing effective business messages, the priorities of the targeted audience TEND TO SHIFT MORE OFTEN THAN VALUES. Priorities change depending on the circumstances the target audience is currently in.
7 0
3 years ago
Other questions:
  • What are two jobs that ms. haddix did before she published her first book?
    14·1 answer
  • The numbers on the bottom of a typical check represent all of the following EXCEPT?
    5·1 answer
  • In a survey, 80% of people own a smart phone, 40% of people own a tablet computer, and 25% of people own both. what is the proba
    5·2 answers
  • Answer the question on the assumption that the legal reserve ratio is 20 percent. Suppose that the Fed sells $500 of government
    13·1 answer
  • Which of the following questions would be the best to ask if you were interviewing a candidate for a senior management position?
    8·1 answer
  • Pls help me with this
    7·1 answer
  • “I own three Hummer vehicles and do not think they contribute to air pollution any more than a smaller, family sedan.”
    5·2 answers
  • All goods to be imported whether or not subject to import duties must be declared in writing on prescribed forms.
    13·1 answer
  • What is the maximum normal charge of hcfc or hfc refrigerant in an appliance that is allowed to use system dependent recovery eq
    15·1 answer
  • when a person uses face-to-face presentations to promote goods and services, he is said to be using as a sales technique.
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!