Answer:
one-to-one marketing
Explanation:
one-to-one marketing includes
-know your customers
-differentiate your customers
-improve customer interactions
-customize the product to the customer.
Answer:
The correct answer is letter "C": supermarket.
Explanation:
A convenience store is a retail shop that offers daily-use goods to consumers such as groceries, drugs (that require no prescription), magazines, among others. Businessmen take profit from these stores thanks to the wide variety of products being sold.
In that sense, <em>supermarkets </em>would fall into this category since they match perfectly with the definition of a convenience store due to the diverse kind of goods they offer.
Answer:
1. Nature of commodity
2. Availability of substitutes
3. Income level
4. Postponement of consumption
5. Number of uses
6. Share in total Expenditure
7. Time period
Explanation:
Answer:
c. Shortage will cause the price to rise toward $10
Explanation:
c. Shortage will cause the price to rise toward $10
The equilibrium price is $10 this any price below the equilibrium price will create a shortage in the market because at price lower than equilibrium price, the demand is greater than the supply. Thus, shortage will push the prices upwards or towards equilibrium price.
