Answer:
slow growth in buyer demand, weakly differentiated products among rival sellers.
Explanation:
There a number of causes that relate to the firms rivalry among its competitors.
1. Barriers to entry.
2. Bargaining power of the buyers.
3. Bargaining power of the suppliers.
4. Threat of substitutes.
5. Slow industry growth.
6. Lack of differentiation and switching costs.
7. Diverse competitors.
8. High strategic stakes.
Answer:
i'm assuming recurring expenses are necessities so those would always come first, things you need on top of your regular expenses would come next and any wants you have would come last. "entertainment expenses" would be lumped in with your "wants"
Explanation:
In a purchases-payables computer system, a purchase order is created after which document has been processed?
Answer:
A. That's the point where total revenue is maximized
Explanation:
Demand Curve is a downward sloping curve representing inverse relationship between price & quantity demanded.
Elasticity of Demand is the responsiveness of quantity demanded to price change. It can be measured geometrically on a demand curve point by :
Demand curve segment below the point / Demand curve segment above the point.
This way the elasticity keeps on decreasing as we move downwards on the demand curve [Ed=∞ to Ed >1 to Ed = 1 to Ed < 1 to Ed = 0] i.e [from perfectly elastic to elastic to unitary elastic to inelastic to perfectly inelastic demand].
If Demand is Elastic [Ed >1] : There is negative relationship between price and Total Revenue. This point is on the upper segment of demand curve as per geometric method, P- TR negative relationship implies that TR can be increased by decreasing Price.
If Demand is Inelastic [Ed <1] : There is positive relationship between price &total revenue. This point is on the lower segment of demand curve as per geometric method, P-TR positive relationship implies that TR can be increased by increasing price.
So: The best Total Revenue Maximising point is on the middle of demand curve where demand is unitary elastic [Ed=1] - as any other deviation from this point would create an incentive to change price to generate higher revenue.
Answer:
The correct answer is letter "D": control.
Explanation:
The control phase of the marketing planning process involves comparing the activities that the advertising team has developed with the expected set of actions established. This phase is important to identify if the firm as a whole is meeting the desired performance or if there are adjustments necessary to be made.
