Explanation:
The appearance of a Salesperson goes a long way in subtly or otherwise telling the customer how professional the salesperson is and how much customers are probably believe in the product on sale.
So, the advice the text should give is that "Wear your hair short to suggest a conservative, professional, and business-like approach."..
Yes. Road bike sales in Germany are significantly higher than in the US.
<h3>What is revenue?</h3>
Revenue can be defined as the income or money generated from the sales of goods and service.
Since the average revenue of Professional Road Bikes in the United States is market was $17,362 while that of Germany was $19,669 , this implies that road bikes sell more in Germany than United States.
Hence, the likely reason for the difference in revenue may be because their are high number of people that make use of rode bike in Germany compare to US.
Learn more about revenue here:brainly.com/question/23706629
#SPJ1
Answer:
The ability of an individual, a firm, or a country to produce a good or service at a lower opportunity cost than competitors is known as <u>COMPARATIVE ADVANTAGE</u>, what makes it such a powerful insight?
- D) It explains why if individuals, firms, and countries specialize and trade they will be better off
Explanation:
The Heckscher Ohlin theory of comparative advantage states that a country must produce the goods for which they have an abundance of factors of production, e.g. countries with a lot of land can produce agricultural products. When a country is able to produce goods at a comparatively lower price than other countries, they will be able to trade and benefit from it.
Benefits from trade are obtained not by absolute advantages in the production of goods, but by producing goods with a comparative advantage, i.e. lower opportunity cost.
For example, country A can produce 100 bushels of corn and 50 bushels of wheat. Country B can produce 50 bushels of corn and 35 bushels of wheat.
- country A's opportunity cost of producing 1 bushel of corn = 50/100 = <u>0.5</u> bushels of wheat
- country A's opportunity cost of producing 1 bushel of wheat = 100/50 = 2 bushels of corn
- country B's opportunity cost of producing 1 bushel of corn = 35/50 = 0.7 bushels of wheat
- country B's opportunity cost of producing 1 bushel of wheat = 50/35 = <u>1.43</u> bushels of corn
Even though country A has an absolute advantage in the production of corn and wheat, it will benefit from trade only if it specializes in the production of corn and imports wheat. On the other hand, country B will benefit from trade if it specializes in the production of wheat and imports corn.
Answer: Downsizing
Explanation:
Downsizing refers to the permanent reduction in the labor force of a company. Downsizing is common in organizations as it is associated with failing businesses and economic downturns.
Since the company is going to downsize, it must protect the bottom line and the corporate brand, and pay attention to survivors. The brand of the company should be protected as he downsizing might generate bad news hence it should be protected.
