Part of the new strategy to save the company was to establish B2B partnerships with companies such as 7-Eleven and Fiat, in order to tap into the robust reseller market.
<h3>
What is the B2B partnership?</h3>
- A B2B partnership is a collaboration between two or more businesses with the aim of creating a win-win situation that will sustain growth and provide substantial value to all parties.
- This might take the form of opportunities for product development, marketing, or general corporate growth.
<h3>
What is the reseller market?</h3>
- The market is made up of wholesalers and merchants that purchase goods to resell.
- A reseller purchases goods with the intention of reselling them for a profit later.
- Since resellers buy products and services in bulk from suppliers, they frequently get deals.
- Then, through the process of resale, resellers establish a connection between producers and customers, delivering goods and services to customers.
- These include supermarkets, department stores, and specialist shops like those that provide pet supplies or home improvement products.
Therefore, part of the new strategy to save the company was to establish B2B partnerships with companies such as 7-Eleven and Fiat, in order to tap into the robust reseller market.
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Answer:
$30,000
$20,000
$10,000
Explanation:
Reserves is the total amount of a bank's deposit that is not given out as loans
Reserves = Deposits - outstanding loans
$100,000 - $70,000 = $30,000
Required reserves is the percentage of deposits required of banks to keep as reserves by the central bank
Required reserves = reserve requirement x deposits
0.2 x $100,000 = $20,000
Excess reserves is the difference between reserves and required reserves
$30,000 - $20,000 = $10,000
Answer:
price discrimination (third degree price discrimination)
Explanation:
Price discrimination is when the same product is sold at different prices to customers in different markets
types of price discrimination
1. first degree price discrimination : here sellers charge each consumer at their willingness to pay in order to eliminate consumer surplus.
2. second degree price discrimination : here firms offer different prices depending on the quantity purchased. e.g. giving discounts for bulk purchases.
3, third degree price discrimination : firms charge different prices to different groups of customers. e.g. having a certain price for senior citizens, students
Answer:
A. https://media.cheggcdn.com/study/e24/e24c5553-e69e-4a9e-85b1-b7be7dacd38d/597536-4-15TI-i1.p.ng thats it without the dot
Explanation:
