Answer:
Intermediaries
Explanation:
Intermediaries are individuals or organisations whose main function is to ensure that goods are moved smoothly through the various channels of distribution. They act as a link between the manufacturers and the consumers.
Intermediaries acts as a middleman, they provide feedbacks to the manufacturers on the customer's assessment of the product. They also help in the promotion of goods by employing different advertising strategies inorder to showcase the product to the potential customers.
Hence intermediaries play a crucial role in efficiently making products available to target markets in the required varieties and quantities.
Answer:
Other things equal, the fall in the price of plastic would shift Pic's marginal cost curve to the right. To maximize profits, Pic should increase its output. Since other firms in the industry do not enjoy the reduction in marginal costs, the market supply curve would not change and the market price of toothpicks would remain unchanged. Pic Industries would enjoy higher profits in the short-run
I'm Going To Tell You This business the one year span is really to us a two year span so its going to be double of what your looking for
Answer:
The cyclical indicator is extensively used as a business cycle analysis tool, employs a series of variables which tend to anticipate, coincide with or lag behind the movements of economic activity to indicate the phases of the business cycle.
Explanation:
Answer:
B) data-driven decision making
Explanation:
Data driven decision making (DDDM) is a decision making process that relies heavily on hard data and previously collected and analyzed information. This method rejects any type of decision made without hard facts that support it, e.g. intuitive or spontaneous decisions.
The problem with this decision making process is that information that was useful before may not be useful anymore in the present. If you are going to base your decisions only in past information, your decisions may be obsolete.
