The education of its labor force. the effiecientcy of its machinery.
Answer:
B. telemarketing
Explanation:
In the telemarketing, the company or an individual is directly in contact with its customer with respect to the product over the phone call so that they could aware of the product
In this, the face to face interaction is not done
Therefore as per the given situation, the option B is correct as in this met the criteria.
Answer:
"Priceless" advertisings for Mastercard.
Explanation:
The advertising describes memorable situations that you find priceless like, the smile of a child, sports moments are also used like winning tennis titles celebrations for Roger Federer.
The message of this brand is strong already and well known for consumers the idea will be to enhance the channels in which the advertisements are displayed. Use the internet to promote the brand. Using the social media networks that are most popular.
Answer:
rivalry among existing competitors
Explanation:
The Porters' 5 forces is used to analyse the competitiveness among firms in an industry.
Porter's 5 forces include :
- Competition in the industry : the higher the number of companies in the industry, the lower the power an individual firm possesses. For example, if an industry increases it price, a consumer can easily shift to the consumption of substitutes
- Potential of new entrants into the industry : If there are low barriers to entry in an industry, firms in the industry experience greater competition
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Power of suppliers : the higher the number of suppliers in the industry, the higher the bargaining power of firms in the industry and the greater the power they possess
- Power of customers : the larger the number of customers, the greater the power firms possess
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Threat of substitute product : if there are little or no substitutes for the goods produced by companies, the greater the power the firms possess
Answer: Producer price index
Explanation:
The producer price index is used to know the average differences in prices that are received by local producers for their output.
To calculate the producer price index, the current prices gotten by the sellers of a good or service is divided by the prices of the good or service using a base year and multiplying the result by 100. The producer price index is also a measure of inflation in an economy.
