The answer is; Purchasing Power Parity.
<em>Hope this helped! :)</em>
Helps perform calculations and other manipulations of data
Answer:
c.
More items purchased when prices drop
Explanation:
Lets determine the two variables and their relation in each of the cases.
a)
Quality decreases. Quantity purchased decreases. Both item decreasing is a positive relation and thus would not yield a negative slope.
b)
Spending rises. Income rises. Both items increasing is a positive relation and thus would not yield a negative slope.
c)
Purchases increase. Price decrease. One item increases while the other decreases and thus is a negative relationship with a negative slope.
d)
Qty sold increases. Quality increases. Both items increasing is a positive relation and thus would not yield a negative slope.
Hope that helps.
Answer:
Ecommerce, or electronic commerce, is a term that’s used often in sales discussions these days. Product sellers and service providers can increase sales through online commerce and boost revenue with ease. Selling online is a popular sales method, worldwide.
Explanation:
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Answer:
C. Product managers have direct responsibility for research and development of new products
Explanation:
The position of Product manager is an <u>all-encompassing role</u>. He is tasked with the job of ensuring the members of the team are up and doing; he ensures each member of the team supplies considerable input to the end that the team effort can be evidently seen. The Product manager is also saddled with the responsibility of ensuring swift communication amidst all parties; he splits complex tasks into easily understandable processes. He sets the target and goal for each team member; he is the one who accesses and optimizes team members' performances.
Despite and inspite of these varying responsibilities, the biggest and most vital task of the Product manager is to research products, assess the market (customers), create services/products which are innovative and solve critical problems thereby, adding value to the customer base. The more information he has about the market and need of the customers, the better he is able to tailor the products and services rendered to address those needs. Overall, the Product manager due to his extensive involvement and oversight, he ensures that the chances of product failure is significantly reduced.
<u>In the light of the explanation above, Option C. (Product managers have direct responsibility for research and development of new products) is the correct answer</u>.
