One of the example of the commodities in which the sellers have little choice in setting selling price is books
In selling a books, all the price is usually arranged by the publisher and manufacturer and the seller could not really set the selling prices unless they have enough resource to self-publish
She most likely wanted to do this to keep track of her budgeting.
By counting the cost of each of her goals, she will know exactly how much she has to earn and how much work she has to do in order to fulfill all of her Goals
hope this helps
Answer:
Rainbow Paints Inc., Pakistan Vs XingPe Chemicals, China
1. Win-Lose Approach: Rainbow Paints Inc. was under an immense pressure to deliver on "production targets for the 2020." However, it approached the negotiation aggressively and assertively, blaming the Chinese company for its failure to deliver the required chemicals for its production. It did not care about the Coronavirus pandemic that is ravaging the world. It should not be confrontational in its approach. Business relationships are not maintained in such atmospheres. It must think long-term and not short-term. It should have tried to reduce its losses by minimizing its costs, using all possible means. Rainbow Paints, in its blindness, is even seeking for not only a compensation but the return of their payments, to ensure that the Chinese company bears the losses wholly. Such a negotiating strategy lacks common sense, fairness, and friendly business relationships.
2. Win-Win Approach: XingPe Chemicals approached the negotiation, seeking understanding. It cannot be blamed for the pandemic, unless it should have supplied before the outbreak. Its approach contrasts with the confrontational, aggressive, and assertive method being followed by the Pakistani company. Its approach is integrative and accommodating. It is even willing to share the losses of Rainbow Paints while Rainbow Paints was trying to push all of the losses to it.
Explanation:
There are many approaches to negotiation. Some prefer the Win-Lose, Lose-Lose, Compromise, or Win-Win approaches. The best for long-standing business relationships is the Win-Win approach, because it integrates and accommodates the interests of both parties. However, different situations call for the approach or combination of approaches to adopt.
The GDP should be rise by $38,000 due to these two transactions.
The following information should be relevant:
- GDP is the Gross domestic product. It is the amount that should create value-added at the time when the goods & services are produced.
- It is the amount where the item should be firstly purchased.
- Like in the given situation, the new car should be purchased for $38,000.
- And, after six months the car is sold for $31,500.
So, the sale value does not create any value-added.
Therefore we can conclude that The GDP should be rise by $38,000 due to these two transactions.
Learn more about the GDP here: brainly.com/question/15682765
