Answer:
The correct answer is Predatoy Pricing.
Explanation:
In business and economics, the practice of selling a product or service at a very low price is known by the name of predatory prices, with the intention of expelling competitors out of the market, or creating entry barriers for potential new competitors. If current or potential competitors cannot sustain equality or lower prices without losing money, they go bankrupt or decide not to enter the business. The predatory trader then has fewer competitors or even de facto has a monopoly, and could hypothetically raise prices above what the market should bear.
Critics of the concept argue that it is a conspiracy theory, that "almost no" economist believes that the theory behind this concept (although some believe that it is theoretically possible, based on models, there is virtually no one who has recreated it) an empirical phenomenon, and there are no known examples of a company that has raised prices after beating all possible competition.
In many countries "predatory prices" are considered contrary to competition and it is illegal under the defense of competition. In general, it is difficult to prove that prices fell deliberately due to predatory pricing or legitimate price competition. In any case, competitors can be expelled from the market before the case is heard and treated.
Answer:
a. customize the goods and services offered to their customers.
Explanation:
Customer relationship management refers to the technology, principles, policies, considerations, and principles applied by businesses to ensure the satisfaction of their customers. The ultimate purpose of customer relationship management is to meet the needs of the customers, thus making them happy and satisfied.
When an organization customizes the goods and services offered to their customers, they are offering a personalized buying experience that would make the customers happy. They would also have a sense of belonging and the feeling of being recognized. The result might translate to increased sales.
Answer: The annual premium for the cash value coverage is lower if an original-age conversion is used than if an attained-age conversion is used.
Explanation:
A convertible insurance policy is a term that is related to life insurance as it can be changed to a permanent life insurance policy.
Of the options given, the option that is true is that the annual premium for the cash value coverage is lower if an original-age conversion is used than if an attained-age conversion is used.
<span>He took the advice from Jonah. The way he improved included
many steps. First he increased throughput by getting cash while
staying in the plant. He managed to deliver all the overdue orders which also
helped him getting rid of the excess inventory which was a natural result of
more sales. Secondly he reduced the inventory by changing the production
process. The plant produced more of those parts which were in demand or which
were overdue instead of those excess parts which were occupying the inventory
and slowing down the progress.</span>