Answer:
The correct answer is letter "C": The demand for flash drives is inelastic.
Explanation:
Elasticity refers to the characteristics of goods or services that change the quantity demanded as a result of price fluctuations. Demand elasticity is determined by dividing the percentage change in quantity demanded by the percentage change in price. If the result is lower than one (1) the demand is inelastic implying changes in price do not change the quantity demanded of the good or service.
In the example, <em>if the increase in the price of flash drives increases the expenditures on flash drives means that people are using more resources of their income to spend it on flash drives, thus, the quantity demanded for flash drives has remained the same or almost the same in front of the raise of prices. Therefore, the demand for flash drives is inelastic.</em>
By offering affordable yet high quality cars to its customers, Hyundai is engaging in the positioning approach of <u>a. </u><u>positioning </u><u>based on </u><u>value</u><u>.</u>
When a company uses the value positioning approach, they:
- Offer high quality products and services
- Try to capture the loyalty of their customers by offering a better product than others
Hyundai is offering cars that are of a high quality with extended warranties and on top of that, offer impeccable service as well. They are therefore offering their clients, high quality products and services.
We can therefore conclude that Hyundai is using the value based positioning approach.
<em>Find out more at brainly.com/question/14630427.</em>
Options for this question include:
a. positioning based on value
b. positioning based on symbolism
c. positioning against a specific competitor
d. positioning using perceptual mapping
Answer:A
Explanation: i did the test
Tri-State could simply donate money, but there are additional ways that Tri-State could achieve the same positive impact at a lower cost.
Explanation:
Social responsibility is characterized as managers ' duty and determination to take measures to protect and develop the welfare of community and to protect their own interests.
An organisation has a variety of resources including people, money, skills and practical know-how.
If a company has these tools in place, it can work better with social goals. If a company now lingers on solving social issues, they end up creating urban conflicts so that there is no room left to achieve their goal of providing goods and services.
Scalping at major sporting events is an example of <u>"a black market caused by a price ceiling."</u>
Delayed shortages caused by price ceilings can make black markets for that great. A black market is an underground system of makers that will offer purchasers as a lot of a controlled decent as they need, yet at a cost higher than the value roof. black markets are for the most part unlawful. Anyway these business sectors give higher benefits to makers and to a greater extent a useful for a customers, such a large number of will go for risk of fines or detainment.