Answer:
a.
Explanation:
Based on the information provided within the question it can be said that this is an example of Customer relationship management (CRM). This is an approach to management in which the company uses data from a customer's history in order to improve the business relationships with the customer. Since the catalogs are customized based on what the customer's need or likes.
Answer:
The correct option is A. Need or Deficiency.
Explanation: A need is something that is necessary for an individual to function and live properly, while deficiency can be used to denote a state of lack. Our needs are often the motivating factor behind us working to earn a living, however, different people work for different reasons.
In the scenario presented above, we can see that Madeline is motivated to take on more clients due to the fact that she perceives that her needs will increase.
Therefore, the correct option to this question is that Madeline's motivation is due to need or deficiency.
<span>the demand for motor oil would tend to be price inelastic.</span>
Answer:
3.8 times
Explanation:
Inventory turnover indicates how many times a company sells and replaces its stock of goods during a particular period. The formula for inventory turnover ratio is the cost of goods sold divided by the average inventory for the same period.
$ 320,000 / 63,000 = 5.1 times in 2022
$283,500 / 32,000 = 8.9 times in 2023
Therefore inventory turnover increase as a result of the switch to the JIT system by 8.9 times - 5.1 times = 3.8 times
