Answer:
Influencer
Explanation:
Raycom Construction needs heavy-duty equipment to install a new pipeline in northern Alaska. Raycom's engineers have been asked to provide detailed specifications and recommendations for the equipment needed. The Raycom engineers will primarily play the <u>Influencer</u> role in the company's buying center.
A vertical marketing system, a type of supply chain in which the individuals go about as a bound together framework, and there are three sorts: directed, legally binding, and corporate. One of the most common vertical marketing systems is the franchise.
It is known as the administrative theory of the 14
Principles of Management. Fayol's "14 Principles" was one of the initial
theories of management to be shaped, and remains one of the most widespread.
He's well-thought-out to be among the most influential contributors to the
modern concept of management, even though people don't discuss about "The
14 Principles" frequently today. The theory falls in the Administrative
Management school of thought as contrasting to the Scientific Management School
shaped by Fredrick
Taylor.
Answer:
Reduction in supply
Explanation:
Equilibrium is when demand matches supply. At the equilibrium price, the market has no excess demand or supply or demand. Changes in either supply or demand affects the equilibrium price and quantity.
A reduction in supply while demand remains constant results in buyers competing for few products in the market. A scarcity will emerge as the supply cannot satisfy demand. The supply curve shifts outwards or to the right creating a new equilibrium point. The new price will at a higher point in the graph, and the quantity will decrease.
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