1. b, the price mechanism would adjust itself in a free market
2. c, they sell almost identical products
Answer:
something one cannot live without
Answer:
B. Mission Statement.
Explanation:
Customers who visit any Good As New Appliance Repair Center see a framed statement prominently displayed near the front door. The plaque describes the company's fundamental purposes. In part, it states that "All Good As New Centers operate under the belief that every customer deserves good quality parts, fast and dependable service, and a fair price." The words on this plaque reflect the mission statement of Good As New.
Explanation:
1- One of the pieces of advice I could give the customer about lowering the balance sheet price is that this could generate different interpretations for the potential consumer, as there may be a perception that the price reduction of the product occurred due to the loss of product quality in relation to competing products.
2- There are other effective strategies for managing an economic crisis in addition to a direct reduction in the retail price, such as the psychological price strategy, which are the marketing techniques used by salespeople so that consumers respond emotionally to the product, and not a logical way, which generates a perception of greater benefit for the consumer, which can lead to increased sales without having to lower the price of the product.
Answer: timeliness
Explanation:
Timeliness has to do with time expectation for both information accessibility and availability. It can be measured as when an information is expected and the moment that the information is available for use.
People pay monthly subscription fees to get current stock price from financial service companies. This behaviour highlights the timeliness characteristic of information.
