Answer:
As the demand for a certain type of jobs increase, the amount of people who are willing to supply their labor also increased. Job that are the most stable and has high payment are the types of jobs that high in demand but low in supply.
Personally, I think you should think about supply and demand when determining your career. But, you shouldn't make it your sole criteria.
Salary is important. It's provide safety for you and loved ones to fulfill your basic needs. It also allow you to follow a certain type of lifestyle. But, passion and happiness also extremely important. You need to make sure that the job that you do is not taxing your general well being. You need to find balance between the two.
Answer:
1. The first statement is false, since there are more middle customers than final consumers in a business. Middle customers are those entities that used the purchased product as a raw material for a further process or directly sell that to some other entity.
2. Manufacturers and developers are producers and sometimes customers for some other entity from which they are procuring raw materials from. Hence,false.
3. B2B refers to the business to business transaction in which one organisation purchase goods from other organisation for not final consumption. Hence the statement is true.
4. The given statement is true as these are the buyers who purchase a product for some further use.
Answer:
I have just received seed money for a new e-commerce business and you want to hire a dozen people with a lot of creative potential. To hire the most creative people, you would select applicants who:
Has above-average intelligence, is persistent, has subject-matter expertise, and an inventive thinking style.
Explanation:
Starting a new e-commerce business required the need for hire experienced personnel with creative thinking style in order to spur the business to the peak inline with vision and mission set for such businesses
Answer:
c. Companies and industries with lower levels of compensation have lower turnover rates
Explanation:
Sales force compensation refers to how a company compensates its sales team for its efforts. They are the methods applied to pay sales representatives. A company may decide to pay, either a fixed salary, salary plus commission, or commissions only.
If sales representatives feel that they are not adequately compensated, they may opt to look for better-paying jobs elsewhere. Companies that pay lowly will always have a challenge in attracting and retaining the best sale people in the market. Sales incentives serve as a motivating factor to the salespeople. A business or industry that pays poorly will have high employee turnover, as its workers will be always be seeking greener pastures.
Answer:
was thinking "outside the box" by designing a growth strategy
Explanation:
On the given scenario the business wanted to grow but not open more furniture shops.
The strategy chosen will achieve more growth while expanding into another operation line (boutique hotels).
The supply of furniture to these boutique hotels as internal decorations and as purchase from guests is an innovative way for the furniture business to grow without opening new stores.
This is an example of thinking outside the box.
