Which one of the following scenarios best describes "demand"? a. Khalid has money but does not like the product. b. Yaqdhan likes the design but not the price of a product. c. Muadh sells cheap products. d. Ashraf wants the product and has ability to pay for it.
Q: Which of the following promotions depends on chance or luck, with no skill or thinking required from…
A: Which of the following promotions depends on chance or luck, with no skill or thinking required from…
Q: Which of the following statements about the Baldrige Award is FALSE? A) It is created by the…
A: FALSE Statement - C) It is meant for individual products or services.
Q: New client accounts have significantly decreased and existing customers are complaining that they…
A: Customer retention refers to the method of conducting different activities that will help to keep…
Q: Jauhar & Sons has recently introduced a policy of work from home by keeping in view the current…
A: In the current pandemic situation due to covid-19 coronavirus has widespread. It is a deadly virus…
Q: Outsourcing creates an opportunity for the company that is outsourcing a product, to reduce their…
A: Outsourcing - Outsourcing is the business practice of hiring a party outside a company to perform…
Q: 3, Employees in most companies are allowed to take smoking breaks, historically for cigarettes, but…
A: An employer can demand their staff to just take breaks - incorporating lunch breaks – as per your…
Q: Coca-Cola has come up with a new formula. They want to know if the product is going to be a success.…
A: * Introduction - Coca - Cola is an American based Beverage giant that was first introduced in 1886,…
Q: Can you please give me an example of an email on how to convinced a teacher to get an A, when you…
A: Apart from your almighty determination & consistency towards our workbase education it's…
Q: 9 Electronic procurement is an example of a citizen to private organization pattern interaction.…
A: Electronic procurement or e-procurement can be broadly defined as the sale and purchase of supplies,…
Q: Which of the following is incorrect about selection? The selection stage involves checking the…
A: Selection process: The process of hiring the best talent to for a job opening, this is the next…
Q: If the existing firm has high brand image and customer loyalty, they act as a high entry barrier for…
A: Brand Image : Brand image is referred as the reputation of the organization in front of the people.…
Q: What is the need for Human Resource Planning? Question 20 options: For undergoing an effective…
A: What is the need for Human Resource planning? Ans- All of the above
Q: When a person is given the permission to spend the organization’s money on activities that will…
A: When a person is given the permission to spend the organization’s money on activities that will…
Q: Mr. Hussain is an accountant, Ms. Saada is the Product manager, Mr. Said is the company driver,…
A: According to the question Mr. Hussain is an accountant, Mr. Saada is a product manager, Mr said is…
Q: Which one of the below technique is used to confirm the official acceptance of the completed…
A: Project management is the management in which different types of knowledge and skills are needed to…
Q: An accepted deadline for project approaches. However, the project manager realizes only 75% percent…
A: A deadline is the last or the target date before which the task has to be done.If the task is not…
Q: 4- Mohsin ensures all the departments in his company perform different tasks with one another.…
A: Departmentation can be defined as the process of grouping jobs of similar nature under one head…
Q: Disciplinary system invokes a penalty against an employee who fails to meet the standard that have…
A: Disciplines are described as the actions that are imposed on the employee by an organization, and…
Q: To increase a company’s performance, a manager suggests that the company needs to increase the value…
A: Performance is a standard of productivity. In a competitive environment, performance might be a…
Q: Which of the following would be the best suggestion to ensure a company like Muscat Bakery is being…
A: The definitive aim for any organization is to make money. There are several businesses that not only…
Q: Give 5 essentials of a good business letter. Suppose a situation where you must write a business…
A: The letter is the first-born process of sending a message. At the moment, despite the telephone and…
Q: CAREER ANCHORS is a term WHICH RELATES TO a. Job security of employees in an organization b. Someone…
A: Even when faced with difficult decisions, a career anchor is the one aspect of a person's…
Q: The maintenance costs of running a company was too high. Explain at least 5 ways to retain the…
A: Profitability is an organization's capacity to create more benefit than it spends. Firms for the…
Q: Which one of the following statements is generally not true about selecting strategies for…
A: In an organization, there are different roles and responsibilities based on the degree of skills and…
Q: You have been assigned as a Project Manager in your Company. Your Sponsor wants Project Budget to be…
A: The estimation of the project cost is defined as the process to predict the future concerning the…
Q: If a pharma company has introduced a new high-tech product in the market which is used in during…
A: For the marketers the best marketing research technique seems to be the qualitative research method.…
Q: Sara is an ethically centered production manager so she will ship a product a. as quickly as she can…
A: Ethics in production: Ethics in production is a subset of business ethics that is expected to assure…
Q: A hiring manager told a candidate that if they joined the company , they would be promoted within 6…
A: It is the duty of the manager to act as a bridge between the top management and employees and to…
Q: Search the Internet for the word “risk” to see how this is used in different contexts, e.g. in…
A: Risk is any uncertainty which can take place at any time. In organizations, they can control…
Q: ______ refers to the process by which the commitment of a product to its final form is delayed as…
A: Postponement refers to the process by which the commitment of a product to its final form is delayed…
Q: in problem for Project 14321. You are to advise a reward mechanism for TSC management that will help…
A: For a project to stay under budget, accurate cost assessment is crucial. The difference between a…
Q: Why might a “bonus cap” for executives be a bad policy for the company? Group of answer choices…
A: The main objective of issuing bonuses for the executives is to motivate them to put more effort and…
Q: You are a change management consultant hired to advise top British Airlines management on how to…
A: Airlines industry is one of the versatile in terms of management. There are a lot of risk and…
Q: Employers should be allowed to fire or hire employers based on variables (including vaccination…
A: Human Resources Human Resources is the division of a company that is responsible for recruiting,…
Q: A task on a WBS or Gantt chart is dependent if ________. Group of answer choices It cannot begin…
A: Gantt chart is a tool for project management. Gantt chart provides a visual representation of the…
Q: The only employer brand that matters is salary. If an employer pays a competitive or slightly higher…
A: Employer branding refers to the process of influencing job seekers, employees, and others by showing…
Q: Raquel’s organization offers flexible benefits. Raquel receives some of the same benefits as…
A: Employee Benefits Employee benefits are described as indirect, non-monetary, or financial…
Q: When a firm invests in new technology, the _____________________ that the firm receives are…
A: A positive externality lies in the process associated with the manufacturing and utilization of an…
Q: How do you think the problem of moral hazard might have affected the safety of sports such as…
A: Moral danger is the idea that a party that is protected from any kind of danger will act differently…
Q: _______________ is the term for the principle that an employee may be fired for no reason at all?…
A: Termination of an employee can be defined as an end of employee’s work for a company. The company…
Q: During a meeting, your teachers suddenly pauses, and stares intently at two of the meeting members…
A: Non-verbal communication is a process of communicating the message without the use of words. It is…
Q: Ameer is offered with a costly gift by one of his client, he is not sure about the ethical…
A: Marketing dealings with prospective clients must be done with fair and honest intent. There should…
Q: It is better to use a direct cutover strategy when employees are resistant to the implementation of…
A: Above question is answered below:
Q: 3) In which of the following situation a complaint letter will be written? a. A manager wants to…
A: When an employee in an organization or a customer with a product service are not happy due to some…
Q: Juhaina, who is appointed as a software engineer, thinks that she will not need to have any writing…
A: Case: Juhaina joined as software engineer not as writer so she thinks writing…
Q: A bid for a construction project has just been awarded. What happens next? a. Owner provides…
A: A bid refers to a tender, proposal or quotation which is submitted for solicitation from party who…
Q: Justify how a business can implement the cost leadership strategy to help to profitably increase…
A: Cost leadership is a business strategy used by organizations that want to achieve a competitive…
Q: You are the Director of Contracts at the Ministry of Energy. The contract for South Coast Drilling…
A: Unethical behavior refers to a behavior which is considered morally incorrect. The ethical and…
Q: Mr. Jamal is a software developer. While doing his work, he makes sure that his work is perfect and…
A: Respect in a professional environment will mean giving respect to the opinions and thoughts of other…
Q: You are a project manager responsible for a medical health services project which will benefit low…
A: Gathering seller bid responses, selecting a seller source, and then awarding that source a contract…
Step by step
Solved in 2 steps
- 1- Which one of the following scenarios best describes "demand"? a. Ashraf wants the product and has ability to pay for it. b. Yaqdhan likes the design but not the price of a product. c. Khalid has money but does not like the product. d. Muadh sells cheap products.4. Explain each key ingredients. (i) The value of the good or service should be determined. (ii) There should be willingness to buy the product. (iii) The demander should have the purchasing power to buy that good or service.An electrician working in a small town in Bicol is the only electrician within a 100-mile radius. He knows that people who have medical equipment at home have the highest need for power, so he charges them double to fix problems with their electricity, compared with the average customer. The community is angry about this choice. This business practice is most likely: Group of answer choices A. Ethical because it is not illegal for a company to set its prices based on maximizing profits. B. Ethical because owners should focus only on the impact of decisions on the firm. C. Unethical because businesses operate in a community and communities have expectations for behavior of individuals, groups, and businesses. D. Unethical because it is against the law for the company to charge one customer more than another.
- Selling concept is typically expert with unsought goods those that buyers can't usually think of buying, such as insurance of life Select one: True O False Previous page Next Return to: General dyExplain it correctly and In details Q)You are a manager of an advertising company. The company is running short of funds, so you decide to increase revenue. Should you increase or decrease the price of running ads? Explain your answer.You have been asked to oversee a focus group of customers and potential customers of your company. After listening to this group, you notice a few expectations they all seem to have. Examples of customer expectations might include: O They want more for their money. O They are looking for information so they can make a good decision. O They want to talk or chat with a person who understands the product. O All of these are possible customer expectations.
- Which of the following statements BEST describes the purpose of a teability Income policy? A It is used to pay for hospital, medical, and surgical expenses if a senous disability occurs It is designed to supplement Medicare Part A benefits It is used to pay for an insured's normal living expenses if the insured becomes disabled It is designed to supplement Workers' Compensation benefits B C OD.Which of the following statements is true regarding the sensitivity analysis approach to investment appraisal? It involves changing many factors at the same time It provides an indication of the likelihood of changes in the key factors It provides managers with clear guidance concerning the investment decision It is commonly called ‘how-now’ analysis None of the above are trueAn organization with several product lines has a product mix. A product mix (or product portfolio) consists of all the product lines and items that a particular seller offers for sale. Select one: a. True. b. False. New techniques and methods of production are a part of: Select one: a. Natural environment b. Cultural environment c. Demographic environment d. Technological environment
- Answer the questions based on the case. Alia is a salesperson in an electronics company. At a recent trade exhibition, she met a supplier that was willing to supply her company with a product on an exclusive basis (i.e., available to her company only) that could offer in the business marketplace. The product in question has already been successfully developed and tested and – yet – is not being sold on the market. Alia knows from speaking to the customers that there is demand for such a product and it would plug a gap in her company’s product portfolio and give the company a significant competitive advantage. Then, Alia approach the product management division with all her idea, and, to her surprise, they are very unenthusiastic and reject the idea, stating “We always develop our products in-house in this department – it would cost the company far too much to set up the processes to buy in a product from outside”. Question2. Advise Alia on how to recognize the opportunities in…Which of the following statements BEST describes the purpose of a Deability income policy? A It is used to pay for hospital, medical, and surgical expenses if a senous disability occurs. It is designed to supplement Medicare Part A benefits It is used to pay for an insured's normal living expenses if the insured becomes disabled It is designed to supplement Workers' Compensation benefits B D.5. Which of the following best describes a "sales funnel"? Group of answer choices A sales funnel is the process after a sales is closed where the customer receives the product and begins using it. A process whereby sales decrease over time as if they are going into a funnel. A process of drawing in people who might be good purchasers of your product by first finding out which are interested and have money to spend, then eventually leading them to purchase your product. A sales funnel is used by department stores during key sale weekends. In a sales funnel, each day the price is reduced until the product is finally available at the lowest possible price.