What is the difference between variable cost and fixed cost?

Q: What pricing strategy is used by local water utilities to charge water bills?

A: Introduction:  Pricing strategy is a method of setting up a proper price for a product or service…

Q: What is the Cooperative Relationship Strategy of Tesla?

A: Success for any organization is unattainable only based on a good quality product. Yes, No matter,…

Q: 9. Is this statement true or false? Explain. "If a retailer is effective, but its suppliers are not,…

A: Retailing is the process in the distribution system or the Supply Chain management which includes…

Q: Why production and marketing costs have become the most important determinant of profit?

A: A company will create value for shareholders in terms of profits and for customers in terms of…

Q: What does Consumer buying behavior refer to?

A: Buyer behavior refers to people's decisions and actions when purchasing products or services for…

Q: Who was William Ouchi and state his achievements?

A: Profits are very important for any company. Every decision will have a cost. And here taking all the…

Q: Discuss both the positive and negative aspects of learning online with the assistance of artificial…

A: These are some of the benefits and drawbacks of artificial intelligence. Every new technology or…

Q: possible future trends in the retail industry

A: Retail is a broad phrase that embraces a booming industry that works millions of citizens as well as…

Q: What is the reason that a product declines?

A: A decline is a fall or descent, and the decline stage in the product life cycle represents similar…

Q: Explain the process of Inventory control.

A: Inventory Control means the steps involved in the maintaining the stock of the organisation .  It…

Q: What is meant by Internal recruiting?

A: Recruitment is one of the most important activity in any company. Company is created by people and…

Q: Briefly discuss the steps used in non‐experimental quantitative research.

A: Non Experimental research is a descriptive research without use of independent variable  for the…

Q: Describe your safety procedures

A: Every business will have various factors influencing it. Employees, partners and customers will…

Q: Explain the Indiana-based Berry Global company.

A: Berry Global is an international company. It specializes in manufacturing and marketing of plastic…

Q: Identify and explain some advantages and disadvantages of having formalized procedures for improving…

A: Innovation is the taks in which any new or distinctive idea for business growth is formulated. It…

Q: What impact is created by a weak product’s unfavorable image?

A: The product is tangible item which is sold in the market so that customers may achieve utility from…

Q: evaluate the phrase people-oriented organiation

A: Employees are one of the most important pillars for the success of an organization. Loyal and…

Q: How does gender representation in tourism marketing perpetuate gender stereotypes between men and…

A: The use of a gender perspective in tourist evaluation has revealed significant discrepancies between…

Q: Do beauty salons segment their market on the basis of demographics or psychographics? Why

A: Every salon segment their market on the basis of demographics.

Q: How does a customer’s decision-making time vary with the type of product?

A: Consumer behavior is said as thei personality and attitude of customers having different…

Q: What is the main objective of purchasing?

A: The most important function of material management is purchasing. Materials account for a sizable…

Q: Describe the seven types of business goods and services

A: Goods are said to items having physical existence while services lack physical existence. It means…

Q: Visit each of the sites: •Lee Jeans (www.leejeans.com) •Wrangler Jeans (www.wrangler.com)…

A: Levis Levi's offers its  customers products through a variety of channels, including multi-brand…

Q: estion (3) Jane is a 'textbook' speculator, in the sense that her position in the market is based on…

A: The question is about Jane being a textbook speculator. This person would have to do hard research…

Q: What kinds of elements affect each dimension in Herzberg’s theory?

A: The term motivation originated from the word "motive" which means a requirement that needs…

Q: In social marketing, ___ is not as common BUT it helps create visibility and memorability.

A: "Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: In what ways are high-contact and low-contact services different, and how may these differences be…

A: *Introduction - The intangible products that the customers are unable to get physically are termed…

Q: Define the term marketing plan.

A: A marketing plan is a step-by-step guide to introducing and delivering your product or service to…

Q: What is accessory equipment?

A: Marketing- It is the procedure of creating, exploring and delivering value to meet the requirements…

Q: For what the Occupational Safety and Health Act is concerned about?

A: The Occupational Safety and Health Act (commonly known as the OSH Act) was signed into law by…

Q: Name the steps of marketing research.

A: Marketing function is performed by a business nim this competitive and digitalized era of business.…

Q: beauty salons segment their market on the basis of demographics or psychographics? Why

A: The set of respondents who very are prospective shoppers for a beauty salon is referred to as the…

Q: What are the five levels of needs in Maslow’s hierarchy? How are a person’s needs related to…

A: Maslow's Hierarchical needs concept was suggested by Abraham Maslow and is known to be one of the…

Q: Why line extensions are more common than new products?

A: Product- It is any item or service that a company sell to serve their customer's needs and wants.…

Q: What is transcoding?

A: Television was considered to be an entertainment source for watching various kinds of programs…

Q: Why it is important to understand buying behavior?

A: Buyer behavior refers to people's decisions and actions when purchasing products or services for…

Q: Define the term marketing strategy.

A: Ans. Introduction A Marketing Strategy is the drawn out arranging of business targets that the…

Q: create a customer segmentation for lynk & c

A: * Introduction - Before understanding the segmentation for Lynk and Co let us first understand…

Q: Give three (3) promotional ways as marketing strategies

A: A company has many several alternatives to choose from when it is planning which promotional tools…

Q: Name the categories into which new products are grouped?

A: Product  classification  means  classifying  the  products  according  to  the  needs  of  the…

Q: Do you think social media would work well in smaller companies? Why or why not?

A: Social media is technology which works in collaboration with computer and internet technology. It…

Q: Explain the term Profit-sharing.

A: Corporation is a business ownership structure which ensures company attains distinctive identify…

Q: Describe what is meant by the term "service quality," as well as the concepts of "measuring and…

A: Service is very important for a particular organization. There are various type of organizations in…

Q: How does the marketing environment affect a firm’s marketing strategy?

A: When developing and presenting a new product, everything your company must consider is the marketing…

Q: State the types of benefits an employee can receive from a firm.

A: Employee benefits are accompanied by salary, which is offered by a company. These benefits are…

Q: How markets are classified?

A: Market is said to a physical and non physical place where process of exchange takes place between…

Q: 5 Characteristics of media literate person

A: Media literate person is a person, who has proper knowledge about various media channels. Such…

Q: An effective policy to reduce a trade deficit in a small open economy would be to:

A: D) is correct answer. Increase taxes . An effective policy to reduce a trade deficit in a small open…

Q: 1. Pearls are versatile, suitable for all formal gatherings, day or night, which make them a "must"…

A: Due to strict adherence to the guidelines of Bartleby, while answering the question, we are allowed…

Q: Explain functional modifications of the product.

A: The products are main item which brings sales revenue and profits for the business. It means the…

Financial decisions

Financial decisions are important choices that individuals and businesses make about how to use their money. Financial decisions can impact a person or company's short-term and long-term financial stability. Decisions like whether to save, invest, or spend money, whether to take on debt or what kind of insurance to purchase, are some common financial decisions. Decisions on how to manage risks, such as the risk of losing money if investments do not perform as expected or the risk of not having enough money saved for retirement, are also a part of financial decision-making.