Each of the four types of checking accounts listed in the table above offers free ATM

Amazon, the largest online retailer, has experimented with physical stores and recently bought Whole Foods. Whole Foods has almo

denpristay [2]

Answer:

to survive today, organizations need to be present in both the online and physical markets

Explanation:

So far Amazon has dominated the online space when it comes to buying products and services. But the scenario in the question makes it clear that having only one channel open to customers (online) is not sufficient.

It is necessary to diversify by having physical stores in addition to online stores.

Some consumers for example will want to examine what they are buying before paying, others will not have the patience to wait for delivery of goods. So the physical store will serve these segments of customer's.

5 0

3 years ago

Lydia owns a fashion store for women, and her main focus is on providing quality customer service. The staff is trained to treat

elena55 [62]

Answer:

D) normative control.

Explanation:

In this case, Lydia is using normative control so as to train her staffs to treat customers with utmost care and provide them with reliable fashion advice.

In order to achieve this, Lydia carefully chooses her staff and appoints people who are attentive, friendly, and have a good fashion sense.

Normative control is a strategy that governs the behavior of employees through the use of beliefs and values called norms rather than the written procedures and policies.

8 0

2 years ago

Read 2 more answers

PLEASE HELP RECORD THIS ENTRIES IN THEIR RESPECTIVE JOURNALS

julsineya [31]

Yess i need help on this too

3 0

3 years ago

Use the drop-down menu to complete each statement.

podryga [215]

According to this graph, at $10 the quantity supplied is about 14.

As the price of the good rises, the quantity supplied will be increasing.

In the graph, as the price of the good is rising the quantity supplied is also rising, When the price is $10.00 then the quantity supplied is 14 when the price is $15.00 then the quantity supplied is 24 and when the price is $17.50 the quantity supplied is 30.

The volume of a resource, service, or item that people are prepared and able to sell during a certain time period at a given price. If a good's price increases, more of that good is supplied, all other things being equal. When a product's price declines, less of that product is produced.

Two fundamental economic theories are combined in the law of supply and demand to explain how changes in the price of a resource, good, or service impact its supply and demand. Supply grows as the price rises, but demand drops. In contrast, as the price falls, supply is constrained and demand is increased.

The law of supply is a microeconomic principle that asserts, with all other things being equal, that if the cost of an item or service rises, suppliers will offer more of those goods or services and vice versa.

Learn more about the Law of Supply here:

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5 0

1 year ago

One of the more important business applications of demand elasticity is the relationship between price and total revenue. For ea

user100 [1]

Answer:

Part 1. inelastic.

Part 2. inelastic.

Part 3. inelastic.

Explanation:

When the coefficient of elasticity of demand is less than 1, demand is inelastic, when it is equal to 1, demand is unitary elastic, when it is greater than 1, demand is elastic, and when it is equal to zero demand is perfectly inelastic.

Part 1

Price Elasticity of demand = (dQ/dP) x P/Q

Where : dQ = Change in Quantity

dP = Change in Price

P = Initial or Old price

Q = Initial of Old Quantity

dQ = $35,000 - $40,000 = - $5,000

dP = $10 - $8 = $2

P = $8

Q = $40,000

Price Elasticity of demand = (-$5,000/$2) * $8/ $40,000

= 2,500 * 1/5000 = -0.5

Disregard the minus sign, since elasticity of demand is less than 1, demand is inelastic.

Part 2

Price Elasticity of demand = (dQ/dP) x P/Q

dQ = $1,800 - $2,000 = - $200

dP = $50 - $40 = $10

P = $40

Q = $2,000

Price Elasticity of demand = (-$200/$10) * $40/ $2,000

= 20 * 0.02 = -0.4

Disregard the minus sign, since elasticity of demand is less than 1, demand is inelastic.

Part 3

Price Elasticity of demand = (dQ/dP) x P/Q

dQ = $120 - $150 = - $30

dP = $5 - $4 = $1

P = $4

Q = $150

Price Elasticity of demand = (-$30/$1) * $4/ $150

= 30 * 2/75 = - 0.8

Disregard the minus sign since elasticity of demand is less than 1, demand is inelastic.

5 0

3 years ago