The response of local competitors was slow because they lacked the ability to marshal resources.
<u>Explanation:</u>
The focused cost leadership is a tactic in which businesses selling identical goods in a given market reduce their prices to raise sales and gain a competitive edge. Rather than sacrificing on value or already investing scarce resources to develop a commodity, reducing prices is a safer way to draw consumers. Walmart used such strategy to establish an edge in smaller communities but local competitors response was time taking as the resources were available but coordination among resources to result into proper manufacturing or servicing was lacking.
Answer:
the sale of Bert's stock in Altogether Now
Explanation:
Article 2 of the Uniform Commercial Code (UCC) only applies to commercial transactions involving tangible personal property. A car, a bike, and a vinyl record collection are all tangible personal properties, but a company's stock is not.
Answer:
<em>D. Frequency marketing program</em>
Explanation:
Frequency Marketing <em>is a marketing strategy used to attract and maintain long-term consumers. Frequency marketing covers activities such as daily interval ads, offering loyal consumers discounts, planning events.</em>
As the term indicates, to keep their clients, this form of marketing plan needs to be conducted out at regular intervals. Frequent marketing is a great instrument for ensuring consumer preservation.
This is an established fact that an existing customer provides a business with more profits than a prospective customer, i.e. the sum of money and income generated by an existing customer is more than that generated by a potential customer.
Considering the situation described the many economists believe these policies helped avert another Great Depression but exacerbated the <u>inflation</u> problem in the financial system.
This is because the new policies and tools used to tackle the 2007-2008 financial crisis and recession was based on Keynesian economics.
However, while Keynesian economics concentrates on regulating aggregate demand to solve or prevent economic recessions, it is considered <u>inflationary</u>.
This is because it is believed that these policies encourage lower tax rates and increase the national deficit to ensure there is employment.
However, with more money in circulation, many economists believed it would cause inflation and more income disparity.
Hence, in this case, it is concluded that the correct answer is <u>Inflation</u>.
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