Answer:
Option C is the correct answer..
A flexible budget is also known as a master budget is incorrect
Explanation:
A master budget is a term used for aggregation of all budgets prepared by all divisions.
The correct answer should be C. contractor
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Answer:
GDP is higher than normal
Explanation:
This is a situation where GDP is higher than the usual and it shows that the economy is above the employment level and overly active. The extra gross domestic product leads to an increase in demand for goods and services and that leads to high inflation. The initial sighs include, increase in employment rate, more wages, high demand.
Answer:
B. a price war
Explanation:
A price war -
It is the type of competition between the company selling the similar type of product , or rival companies who tries to reduce the price of the product strategizing in a way to apprehend the wider area of the market , is known as a price war .
Reduction of the price of any goods or commodity is considered to be one of the best method to increase its market share ,
because as soon as the price of any good decreases , the sales automatically increases , as the consumers are always in search of some discounts and good deals .
A price war can be short term , as well as long term .
Look-alike Tasteeos sell for less price than the market-leading Cheerios brand. Cereal manufacturer has employed a cloner marketing strategy.
Cloner marketing strategy refers to creating a product by copying features of an already existing brand product. A manufacturer might copy the same features of distribution, production, labeling, ingredients, advertisement, and looks but the quality will differ from the leading brand.
Cloner is a parasitic marketing strategy that thrives on the investment of the major brand that another firm is copying to sell its products. To escape the copyright issue, these cloner firms make sure the name of the product is slightly different from that of the major brand.
Learn more about marketing strategy here brainly.com/question/25492268
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