Answer:
The correct answer is c) create a Fan Page and invite consumers to post their thoughts.
Explanation:
Fan Page are web pages created to promote a brand or business; through fan pages, it is easier for companies to reach their potential customers.
Currently, being the era of technology, Fan pages are widely used and very helpful for companies; these pages work within the social networks that are the most used by future customers. Through the fan page, the company can announce promotions, publicize its products, and see which products are the highest demand.
For example, Pizza hut should use a fan page, since its potential consumers have a significant online presence, as well as promoting its consumers to disseminate the product comments on the fan page, this will help to advertise the restaurant. It will also help to know the opinion of their customers and adapt their products based on these comments.
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Answer:
The correct answer is letter "D": team awards.
Explanation:
Team awards represent all the prizes individual employees or teams obtain after reaching a determined objective or after their performance has been outstanding compared to others. It is an important measure to take at the moment of keeping workers' morale up so their efficient work continues. In some cases, the team awards are given in the form of monetary incentives while in others as recognition.
What’s the question because you are not asking a question
Answer:
D) control the desired price and output to maximize profits, but a perfectly competitive firm can only choose the desired output.
Explanation:
Firms competing in perfectly competitive markets are price takers, meaning that they cannot set the price of their products or services, but monopolists can actually set the price of their products or services because their market power is high enough to do so. Also, a monopolist can choose to lower or increase its output depending on the resulting profits.
This excessive market power is the reason why natural monopolies are usually regulated by the governments and many monopolistic firms are forced to split into smaller firms that compete against each other.