Answer:
product, process, position, and paradigm and defined as follows: Product: innovation is the first thing that comes to mind when talking about innovation and conveys the changes in the things (products/services) that an organization offers. Process: a series of actions or steps taken to achieve a particular end. Position: a situation or set of circumstances, especially one that affects one's power to act. Paradigm: a worldview underlying the theories and methodology of a particular scientific subject.
Explanation:
Answer:
Correct option is (e)
Explanation:
There are three levels of distribution intensities: intensive, selective and exclusive. Intensive distribution is when producer covers all possible distribution channels to make the product available. Selective distribution is when the producer selects a few distributors to make the product available particularly to a target customer that the producer has already identified.
Exclusive distribution is done for high end brands where only selective distributors are involved so as to make the product exclusive and not available in abundance. This type of distribution is done for products that are limited edition or unique in nature.
So Anbinh fashion should choose exclusive distribution for its one of a kind designer jewelry.
Answer:
The price elasticity of demand for home heating oil is-0.36
Explanation:
In order to calculate the price elasticity of demand for home heating oil we would have to use the following formula:
Elasticity of demand = (dQ/dPhho)*(P/Q)
According to the given data we have the following:
demand for home heating oil in Connecticut=Q = 20 – 2 Phho + 0.5 Png – TEMP
current price of home heating oil=$1.20
current price of natural gas =$2.0
Therefore, if Q = 20 – 2 Phho + 0.5 Png – TEMP, then:
Q=20 – 2*1.2 + .5*2 – 12
Q=6.6
Therefore, price elasticity of demand = (-2)*(1.2/6.6)
price elasticity of demand =-0.36
The price elasticity of demand for home heating oil is-0.36
Answer:
<u>Operational decision</u>
Explanation:
Remember, management takes several decisions which could be;
Group decisions,
Strategic policy, and
Operational decisions etc.
However, operational decisions are taken <em>usually by Top Management such as the production manager </em>in this scenario concerning issues that have a long time effect on the organisation's operational efficiency.
One such issues is the manner in which production is carried out.
