The answer is:
In this case, Cecilia only decides to buy the necklace, knowing that the cost of diamonds depends only on the demand.
She will find a good price, because she knows the product availibility exceeds the demands, making the prices go low! when people start looking for this kind of diamond, the reverse will happen. The demands will exceed availability and prices will rise. Cecilia takes advantage of the fact that demand is low.
The economy of the North Central Hills region relies more on the <u>Mississippi River</u> than the other northeastern regions.
<h3>What is the importance of the Mississippi River?</h3>
The Mississippi River with its river size, habitat diversity, and biological productivity has remained famous for aiding the industrialization of the United States.
The vital resources provided by the Mississippi River include:
- Hydroelectric energy
- Drinking water
- Rich soil for agricultural production
- Ecologically and commercially fish species.
Thus, the economy of the North Central Hills region relies more on the <u>Mississippi River</u> than the other northeastern regions.
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Since no retailer can satisfy every customer, retailers implicitly decide which customers will be delighted and which will probably result to leave the store unsatisfied.
The real fact is that no retailer can be everything to every customer and by making conditions like strategic decisions which are related to targeting, segmentation, as well as retailing mix in which the retailers implicitly help in deciding which customers shall be delighted and whomever, will have to probably leave the store unsatisfied.
The strategy of retail marketing has analyzed the alternative routes to retail and the growth of the industry. Despite the strong interest included in retail marketing, there does not exist any consensus in the literature on what constitutes retail marketing strategy for the satisfaction of customers and loyalty as well as whether it affects the retailing performance of the company. Retailers need to devote more consideration to the long-term strategic plan to cope effectively with the growing intensity of retail competition including shifts in customer needs.
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