<span>Personal selling, as a form promotion, differs when the effort is a B2B (business to business) sales effort rather than a B2C (business to consumer) sales effort. B2B personal selling requires more prospecting and qualifying of customers. When you are selling to a business, you need to make sure your product is the best qualified for the business you are selling to, to use to sell to their customers. The process is a lot harder because many manufactures are competing to contract out with another company to provide them with a product they can use to make their final product they sell to consumers. </span>
Answer: continuous cost reductions without sacrificing acceptable quality and essential features
Explanation:
A production aimed at providing products at a low cost would target to make price of products manufactured to be relatively low while not losing acceptable quality and key features in products. The low cost of products would attract buyers and the maintained quality would ensure that buyers would continue to purchase that product.
Answer:
c) a decrease in the equilibrium price of gasoline
Explanation:
Since SUVs and gas are complementary goods, the relation between these two in the example is evident. Since the demand of SUVs decreases, the demand for its complimentary good will also decrease, as it has little to no use without the SUV.
As a consequence, the price of gasoline will decrease, as the demand decreases.
Answer:A
Explanation:
Since express warranty is an agreement by seller to provide repairs or replacement for a faulty product,component or services within a specified period of time.
Answer:
Capitation
Fee for service
Explanation:
Bundled payment provide a single payment to hospitals, doctor, physician, and other providers (for home care, lab, medical equipment, etc.) for a defined episode of care. It is described as "a middle channel" between fee-for-service reimbursement (that allows providers to be paid for each service they render to a patient) and Capitation (that allows for providers to be paid a "lump sum" per patient not regarding how many services the patient receives), given the risk is shared between payer and provider. Bundled payments was proposed in the health care reform debate of the United States as a strategy for reducing health care costs, especially during the Obama administration.
