The key factor distinguishing retailers from other members of the supply chain is that they sell to customers for their personal use.
<h3>What do you mean by customers?</h3>
- A client is someone who purchases goods, services, products, or ideas from a seller, vendor, or supplier in exchange for money or another useful consideration.
- This definition applies to sales, business, and economics.
- Customers who frequently purchase from a business establish conventions that enable regular, sustained trade, which enables the business to create statistical models to improve production procedures (which alter the nature or form of goods or services) and supply chains (which changes the location or formalizes the changes of ownership or entitlement transactions).
<h3>What types of customers are there?</h3>
- 5 different consumer types
- New customers.
- Impulsive buyers.
- Angry customers.
- Persistent customers.
- Loyal customers.
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The UCC rule says that a merchant who offers to buy, sell, or lease goods and gives a written and signed assurance on a separate form that the offer will be held open cannot revoke the offer for the time stated or if no time is stated, for a reasonable time is referred to as the <u>Firm Offer Rule.</u>
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<h3><u>A Firm Offer: What Is It?</u></h3>
When goods are sold, a firm offer is deemed to have been made when a guarantee to keep the offer open has been signed and the selling merchant meets the requirements for a merchant under the Uniform Commercial Code. Customers frequently ask for a definite offer so they can be certain of their cost over a predetermined period of time. A lot of retailers also request definite offers from their suppliers. Firm offers have a number of benefits, but there is a chance that things could change and the original offer would no longer be appropriate.
For instance, you might not be able to maintain the price you initially proposed due to rising raw material costs or running out of stock.
Only the time period specified in the offer is valid for firm offers. If the offer does not include a deadline, it will be valid for a maximum of three months.
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A user market is one where tenants bargain rent and other conditions with property owners or their managers.
<h3>What are Business User Markets?</h3>
Several other user markets also make purchases, either for their own consumption or with the goal of redistribution to others, in addition to selling finished goods and services to supply chain organizations. When making these purchases, the buyer typically does not significantly alter the goods from their original state. Although technically these markets are also a component of the supply chain, the majority of business users do not actively participate in or directly support production.
Any method that lets customers get involved in a marketing effort is known as user-generated marketing. User-generated marketing is just as much a kind of public relations as anything else because it gives a target audience a more participatory and interesting experience.
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A. what is the monopolist's profit- maximizing output? 5000 units. The point of intersection of MR and MC or when MR= MC. And when the line is extended on to the demand curve it gives the profit maximizing out put for a monopolist
Answer:
Explanation:
The value that you would be willing to <em>pay for a share today</em> should be the present value of all the <em>dividends </em>you will receive.
The present value of the <em>dividends</em> is equal to the sum of each <em>dividend </em>discounted at the required <em>return</em> rate.
The dividends will be:
- First year: <em>$8.50 + $6.50</em> = $15.00
- Second year: $15.00 + <em>$6.50</em> =$21.50
- Third year: $21.50 + <em>$6.50</em> = $28.00
- Fourth year: $28.00 + <em>$6.50</em> = $34.50
You must discount each divident at the rate of <em>16%</em>: r = 0.16
Hence, the equation is:
Compute and you obtain $65.90
