Answer:
The correct answer is True.
Explanation:
The answer is not very simple to give; However, some experts in the field say that most people base their purchase decisions on "their perceptions about the value that different products or services provide"; which, overcomes the barrier of the lowest price or higher quality.
For this reason, today it has been widely reported that successful companies do not deliver products in exchange for a profit, but rather: Value in exchange for a profit.
Managers should set business goals before setting L&D goals.
A learning and development (L&D) strategy is a tool used by companies and organizations to train their staff according to business objectives. This strategy is characterized by:
- Constantly train staff.
- Continuous improvement is implemented in all departments of the organization.
To effectively implement a Learning and development plan, the company must perform the following steps:
1. Establish business objectives for each of the departments.
2. Formally implement the learning and development (L&D) strategy.
3. Integrate training that motivates and meets the needs of the staff.
According to the above, before establishing the objectives of the learning and development (L&D) strategy, the organization must establish business objectives.
Learn more in: brainly.com/question/12972154
Answer:
The most likely factor that this department store company would have considered in discontinuing its credit card operations is the issue of bad debt.
Bad debt may likely have prevented them from making the required profit to cater for the needs of the company such as payment of salaries and purchase of goods which if not treated may lead to the collapse of the company.
If a monopolist is producing a quantity where marginal revenue is equal to $32 and the marginal cost is equal to $30, the monopolist should increase production and lower the price to maximize profits decrease production and increase the price to maximize profits.
<h3>Who is a
monopolist?</h3>
monopolist serves as the entity that dominates a particular market in term of production, he is the one that has the highest control of the market and make the most profits.
It should be noted that If a monopolist is producing a quantity where marginal revenue is equal to $32 and the marginal cost is equal to $30, the monopolist should increase production and lower the price to maximize profits decrease production .
Learn more about monopolist on:
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