Answer: d. Dynamic pricing strategy
Explanation:
The companies mentioned above are increasingly turning towards Dynamic pricing in order to maximize sales and therefore increase profitability.
Dynamic pricing refers to a strategy where goods are priced at the optimal price based on the conditions at the time. In other words, it involves trying to sell at a price that is cheapest for the customer based on factors such as consumer willingness to pay, competition and others.
Prices can therefore change multiple times in as little a period as a day just to ensure that customers buy the goods being offered.
Answer:
Defining Work Practice Active While Rosa is taking classes at the local community college to earn her degree in landscaping, she works part-time as a florist's assistant. This part-time work is an example of a job
Explanation:
A part-time work taken by Rosa while in school is more or less like a job rather than a career as it is not in line with her course of study in school.
Answer:
The growth rate in nominal GDP is 19.72%
Explanation:
Nominal GDP is the value of goods and services produced in an economy in a particular year and it is not adjusted for inflation.
Nominal GDP Year 1 = 100 * 3 + 75 * 8 = $900
Nominal GDP Year 2 = 110 * 3.25 + 80 * 9 = $1077.5
The growth rate in nominal GDP can be calculated by using the following formula,
Growth rate = (Nominal GDP Year 2 - Nominal GDP Year 1) / Nominal GDP Year 1
Growth rate in GDP = (1077.5 - 900) / 900 = 0.1972 or 19.72%
Answer:
A. giving proper training
Explanation:
A common issue in IT and change management is that employees create a barrier to change (implementing a new information system). Of course, everyone prefers to stay in their comfort zone, but most of the times it is essential to adopt changes effectively. so that the whole organization can progress.
Giving proper training is the answer, as their lack of confidence mainly originates from their own lack of confidence regarding the software know-how. When their self-esteem regarding the IS raises, they stop seeing it as a threat to their comfort zone and start seeing it as a tool that aids their work, the user confidence will increase.
Other answers are related to technical things that do not improve user confidence.
Answer:
(a) $45
(b) 4.45%
(c) 1.41%
Explanation:
a) Dollar return:
= Selling Price - Buying Price + Coupon
= $985 - $1,010 + $70
= $45
b) Rate of return:
= Dollar return ÷ Buy price
= 45 ÷ 1,010
= 4.45%
c) Based on Fisher relation,
(1 + Nominal rate) = (1 + Real rate) × (1 + Inflation)
(1 + 4.45%) = (1 + Real rate) × (1 + 3%)
Therefore,
Real rate = 1.41%