Answer:
The correct answer is (b)
Explanation:
Sale promotion is an effective way to improve short-term sales and at the same time attract new potential buyers. Ice scrapers sale promotion strategy will help them to increase their sales revenue. As they are offering buy two get one free sale on black Friday the overall prices will decrease that will increase the demand.
Back in 2015, McDonald’s was struggling. In Europe, sales were down 1.4% across the previous 6 years; 3.3% down in the US and almost 10% down across Africa and the Middle East. There were a myriad of challenges to overcome. Rising expectations of customer experience, new standards of convenience, weak in-store technology, a sprawling menu, a PR-bruised brand and questionable ingredients to name but a few.
McDonald’s are the original fast-food innovators; creating a level of standardisation that is quite frankly, remarkable. Buy a Big Mac in Beijing and it’ll taste the same as in Stratford-Upon Avon.
So when you’ve optimised product delivery, supply chain and flavour experience to such an incredible degree — how do you increase bottom line growth? It’s not going to come from making the Big Mac cheaper to produce — you’ve already turned those stones over (multiple times).
The answer of course, is to drive purchase frequency and increase margins through new products.
Numerous studies have shown that no matter what options are available, people tend to stick with the default options and choices they’ve made habitually. This is even more true when someone faces a broad selection of choices. We try to mitigate the risk of buyers remorse by sticking with the choices we know are ‘safe’.
McDonald’s has a uniquely pervasive presence in modern life with many of us having developed a pattern of ordering behaviour over the course of our lives (from Happy Meals to hangover cures). This creates a unique, and less cited, challenge for McDonald’s’ reinvention: how do you break people out of the default buying behaviours they’ve developed over decades?
In its simplest sense, the new format is designed to improve customer experience, which will in turn drive frequency and a shift in buying behaviour (for some) towards higher margin items. The most important shift in buying patterns is to drive reappraisal of the Signature range to make sure they maximise potential spend from those customers who can afford, and want, a more premium experience.
I hope this was helpful
Answer:
Option (A) is correct.
Explanation:
Given that,
Mean daily demand, M = 20 calculators per day
Standard deviation, SD = 4 calculators per day
Lead time for this calculator, L = 9 days
z-critical value (for 95% in-stock probability) = 1.65 (From z tables)
Normal consumption during lead-time:
= Mean daily demand × Lead time
= 20 × 9
= 180 units of calculator
Safety Stock = z value × SD × L^(0.5)
= 1.65 × 4 × (9)^(0.5)
= 1.65 × 4 × 3
= 19.8 units
Reorder Point = Normal consumption during lead-time + Safety Stock
= 180 units + 19.8 units
= 199.8 or 200 units (Approx)
Answer:
exclusive dealing
Explanation:
Exclusive dealing -
It is the method , where a deal is set up between a specific supplier and the wholesaler or the retailer , where the no other distributor would be able to receive the supply , is referred to as exclusive dealing.
In this scenario no other dealer can not handle the product in any case.
Hence , from the scenario of the question,
The correct option is exclusive dealing .
Answer:
How is providing customer information to a law firm different than providing email addresses and symptoms to a pharmaceutical company?
Both are live saving professions, every detailed of their clients must be well documented in order to get the best services as far as life is concerned. A law firm must be sure of every details submitted in order to tackle anything that might affect such clients in court of law while a client must provide a detailed information as regards his/her health in order to get the right prescription for health service
Explanation:
