Answer: A. ramen noodles and chocolate chip cookies are inferior goods
Explanation:
Inferior goods are goods that experience decrease in demand when consumers experience increase in income.
Inferior goods has to do with social economic class, certain people at lower socio economic class go for certain goods because of its affordability not minding quality, same people might stop demanding for such good at a higher socio economic class.
In the context of the 5S principles, <u>sustain </u>means to keep a process going through training, communication, and organizational structures.
<h3>What is 5S principles? </h3>
5s principles can be defined as the principle that help to show the appropriate way a work place or work environment should be or should be arranges .
The 5S principle are:
- Sort
- Set in order
- Shine
- Standardize
- Sustain
Therefore In the context of the 5S principles, <u>sustain </u>means to keep a process going through training, communication, and organizational structures.
Learn more about 5s principles here:brainly.com/question/10001029
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The answer is D. Payday Loans
Both credit cards and payday loans have a high interest rates, but payday loans seems a little bit higher
Credit Cards interest Rates in U.S : 7 - 36 %
Payday Loans : 12 - 30 %
Vertical differentiation strategy is the marketing strategy that best exemplifies the straightforward mapping of the product.
Marketing strategy refers to plans executed by a firms' marketing department which ensure that various plan for reaching prospective consumers and turning them into customers of the products are achieved.
Basically, the differentiation strategy in marketing entails development of product which is unique, different and distinct from its competitors product.
But in this question context, the type of marketing is Vertical differentiation strategy.
The Vertical differentiation strategy involves a firm finding a quality and price mix which will differentiate the brand from its competitors,
Therefore, the type of strategy that best exemplifies a straightforward mapping of a product to a customer’s willingness to pay is the Vertical differentiation strategy.
Learn more about Vertical differentiation strategy here
<em>brainly.com/question/14482663</em>
