Answer:
Normal goods
Explanation:
In simple words, normal goods refers to the goods which re necessary for the survival for the survival for re consumer and the consumer do not take its quality into consideration while making a purchase decision.
The demand for such goods have a positive relationship with the income of consumer, that is, when the income or wages of consumer increase the demand for such goods also increases and vice versa.
The increase in demand for normal goods by consumer is sometimes also seen as an indicator of an economic growth. Clothes, vegetable and medicines are some of the many examples of normal goods.
Answer:
d. cross-functional strategies
Explanation:
In an organisation, for the proper running of all the departments or functions, proper communications and coordination is required. So implementing the cross-functional strategies can succeed when all the functional areas of the organisation are properly coordinated with each other. And by implementing these strategies we can trace out the business strategy with supporting of all functional areas. These are useful to place all functional strategies properly.
Thus the answer is d. cross-functional strategies.
Sustainability involves a strategic effort by firms to supply customers with environmentally friendly, sustainable merchandise and services. greenwashing eco-marketing greener advertising eco-selling green marketing.
Therefore I think the answer is Sustainability
Hope it helps
According to the comprehensive approach to change, the step of the change process that Beta LLC is operating in is <u>recognizing the need for change</u>.
<h3>What are the steps of the change process?</h3>
The change process involves the following steps:
- Diagnosing the problem
- Assessing the motivation or need and capacity for change
- Assessing the resources and motivation of the change agent
- Establishing change objectives and strategies
- Determining the role of the change agent
- Implementing the changes.
Thus, according to the comprehensive approach to change, the step of the change process that Beta LLC is operating in is <u>recognizing the need for change</u>.
Learn more about the steps of the change process at brainly.com/question/5689601
A company with market power produces much less than the socially efficient level of output, there would be to society of producing one more unit: The boom or lower inside the total production cost if the output of one unit is extended is the marginal cost of manufacturing.
Market power refers to the capacity of a company (or organization of firms) to elevate and preserve a rate above the extent that would be triumphant under opposition and is referred to as market or monopoly energy. The workout of marketplace energy leads to reduced output and a lack of economic welfare.
In economics, market power refers to the potential of a firm to steer the rate at which it sells products or services by means of manipulating either the supply or demand of the services or products to grow monetary profit.
An instance of market power is Apple Inc. within the smartphone marketplace. although Apple cannot absolutely manage the market, its iPhone product has a big amount of market proportion and consumer loyalty, so it has the ability to have an effect on average pricing inside the smartphone marketplace.Monopoly/marketplace electricity. is wherein one vendor dominates the marketplace, can control fees & prevent new competition from entering the market? Externalities. correct or terrible aspect impact of manufacturing or intake which influences folks that aren't directly worried.
Learn more about market power here: brainly.com/question/16180053
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