Answer:
Demographic segmentation
Explanation:
Demographic segmentation - it is the term used for segmentation of the population on the basis of sex, culture, income, etc. The main reason behind the segmentation of the population is to target the customers according to their needs.
for example - if in any locality, the majority of people believing in one culture or having the same status then the corporation must target the customers according to belief or their status. which can be achieved by demographic segmentation.
Answer:
2. marginal revenue.
Explanation:
Marginal cost is the extra expense incurred as a result of or producing or selling an additional unit. For a profit-maximizing firm, marginal cost is important as it indicates the point at which production should stop.
Marginal revenue is the income generated by the sale of an extra unit. If the marginal revenue is greater than the marginal cost, a firm will make profits if it produces and sells an extra unit.
A profit-maximizing firm should continue production until the marginal cost equal to marginal revenue. The cost associated with producing the last item should match the income from that item. Further production will result in a loss.
Answer:
Mediation
Explanation:
Because there is misunderstanding,mediation is done because it is the act of resolving problem( also known as arbitration)
Answer:
Participative.
Explanation:
Participative leadership is the process of influencing people to direct their efforts toward the achievement of some particular goal or goals. Participative leadership can be different depending on organization, purpose and situation but there are common patterns in all types:
- Leader always facilitates the conversation.
- Leaders share any information and necessary knowledge for decision-making.
- Leaders encourage others to share their ideas.
- Leader must take all information and solutions by the team and synthesize.
- The leader comes up with best solution based on group information and communicates the solution to the group.
Participative leadership consist of one of the four types of participative decision making.
* Democratic (Participative) – Encourages participation of all members but final decision is made by leader.
* Collective – All decisions are taken by the group and responsibility for the decisions also rest on entire group.
* Autocratic – Possible solutions are brainstormed collectively but leaders are responsible for final decision. Different from democratic as autocratic is goal oriented while democratic is people oriented.
* Consensus – Leader gives up responsibility and control of decision making to the group.
Answer: C. Focused Cost Leadership
Explanation:
Focused cost leadership happens when a company tries to focus on one part of the market such that it is able to take advantages of the unique opportunities offered there to offer the lowest prices to that specific part of the market.
Sun County Airlines is focusing on leisure destinations and yet offering it at low cost. It is therefore trying to focus specifically on that market whilst offering the lowest price which makes this a focused cost leadership strategy.
