Answer:
★ Farm products which are perishable and seasonal nature are supplied by many producers.
Explanation:
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Answer:
<u>A Straight re-buy situation </u>
Explanation:
Straight re-buy situation refers to a state wherein a consumer makes purchases of similar goods, from the same seller, with similar order quantity and for a similar price.
In most of the cases, the purchaser re-orders the previously placed order without paying much heed to the details of such order.
In the given case, the customer purchased supplies from the vendor from whom she had previously purchased, with similar order size and for similar amount. This represents a case of straight re-buy situation.
In any field of study, people always start with the ideal scenario in order to eliminate external factors that could only add complexities. Then, when we fully understand the concepts, the calculations gradually evolve to more complex ones to cater to realistic problems.
The basic assumptions that economists do are the following
1. People always have preferences on a set of outcomes and this can be determined through the quantity and quality of their value
2. People always maximize utility or the satisfaction you get out of buying and using the product.
3. Businesses always maximize profit.
Answer:
<u>A) Presence</u>
Explanation:
A brand is simply an identifying mark of a particular product manufactured by particular company.
The BRANDZ MODEL developed by Millward Brown and WPP looked at how brand building connects with customer issues.
By knowing how long a product brand has been in existence people can the question what do I know about it?
Answer:
The correct answer that fills the gap is: Supply Chain Management.
Explanation:
To complement the definition, supply chain management (SCM) tracks materials, information and finances during the process that goes from the supplier to the manufacturer, the wholesaler, the retailer, and the consumer. Supply chain management involves the coordination and integration of these flows, both within the same company and between different companies. It is said that the main objective of any effective supply chain management system is the reduction of inventories (assuming that the products are available when necessary). To offer optimal supply chain management solutions, there are currently sophisticated software systems with Web interfaces competing with Web-based application service providers (ASP) that are committed to providing part or all of the SCM service to Companies that hire their services.
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