Answer:
B) satisfying the changing needs of current and new customers.
Explanation:
When a restaurant wants to introduce a new dish, it's best to test the market response to the dish before listing it on the standard menu. A type of test would be offering the dish only in special occasions, when sales are higher, and more potential customers visit the restaurant.
Another way is to simply offer the dish in a normal weekday, and see how people respond to it under regular conditions.
Answer:
The market structure that Keith's company uses is monopolistic competition.
Explanation:
In monopolistic competition, there are many firms in the market, the price is mostly determined by market forces, and as a result, the companies try to sell products that are different in some way.
In this case, Keith's company competitors are trying to use a pricing strategy to increase their market share. They are trying to compensate loss of revenue from the lower prices, with a higher sales volume.
Answer:
It has more than 7,000 factories overseas that manufacture products for the company.
Explanation:
Answer:
Although credit cannot be granted at this time, we welcome your cash business and encourage you to reapply in the future.
Explanation:
In business communication when conveying a message that is not pleasant to the other party, it is advisable to demphasise the bad news and focus on the good news in your statement.
This will create a more positive environment that promotes future business.
In the first statement the client was just told - We cannot grant your credit at this time.
This emphasises the bad news.
In the second statement the client was told - Although credit cannot be granted at this time.
Using the word although demphasises the credit rejection and focuses more on the client's cash business and the possibility of reapplying in the future.
Answer:
conflict caused by the hardware store adopting "scrambled merchandising" marketing.
Explanation:
Scrambled merchandising occurs when a shop sells a good that is not the usual type of products it sells. A store owner may adopt scrambled merchandising to utilise unused space or to increase bottom line.
When a store owner sells many unrelated goods it gives the buyer the impression that the seller does not specialise in a particular type of product.
The conflict in this case arises through scrambled merchandising. A hardware store starts to sell ice cream like our own business.
