Answer:
work closely with existing customers to better satisfy their wants and needs.
Explanation:
Relationship marketing is simply the development, growth, and sustaining of long-term, cost-effective relationships with individual customers, suppliers, employees, and other partners for mutual benefit of parties involved. It emphasize is placed more in retaining or sustaining customers because new customers are more expensive compared to existing customers and can help an organisation have long-term, cost-effective links with individual customers for benefits between both sides.
Answer:
well if you haves a 10% that's gonna be increasing but the real answer is 20% that's your answer
Answer:
(d) task environment
Explanation:
Task environment relates to the external environment of a business which directly affects production of goods and services a business has to offer. This affects a business ability to reach it's goals. It comprises of:
- Suppliers : They supply raw materials which are essential for production.
- Customers: They are the ultimate users of goods. Customer wants and preferences determines the kind of product a business shall produce.
- Competitors: They affect the pricing of goods. Their strategies directly affect the business.
- Labor Supply: For any production to take place, man and material are essential. Labor supply in the market again affects pricing of the goods.
Thus, the suppliers, the labor market, and the customers make up the <u>task environment</u> of Werkley Inc.
Answer:
i added the graph of both markets as an attachment
The answer is market B or 2. This market a higher level of unemployment.
When elasticity of supply increases, we have it that the suppliers would have greater market power.
In market B, we have it that the elasticity of supply is bigger than that if A. This means that the supplier has more market power in this market than in market A.
Since the elasticity us greater in this market, then we would have change in unemployment due to a fall in demand to be more here than in A.
Answer:
A. Decrease in supply
B. Increase in quantity supplied.
C. Increase in supply
D. Decrease in supply
Explanation:
If the price of paper increases, the cost of production increases and supply falls.
If the price of economics textbooks increases, the quantity supplied increases in line with the law of supply.
If the number of publishers increase, the supply would increase.
If there are expectations that prices would rise in the future, suppliers would decrease supply now and increase it in the future in order to earn a higher revenue.
I hope my answer helps you
