If the market for a good that sees its production costs and prices rise is inelastic, the quantity demanded will not change.
<h3>What is inelastic demand?</h3>
A good that has inelastic demand is one that will not see its demand change much when there is a price change.
This means that demand remains more or less the same even if prices rise. Examples of such goods are water and food. The product above will therefore not see its demand change by much.
Find out more on inelastic demand at brainly.com/question/24384825.
Answer:
C. breakbulk cargo
Explanation:
Based on the information provided within the question it can be said that this type of cargo is called breakbulk cargo. Like mentioned in the question, this type simply refers to general cargo that does not fit into traditional shipping containers or cargo bins, or exceeds the weight maximum for containers and must be shipped separately. Such cargo can include oversized vehicles, boats, cranes, turbine blades, ship propellers, generators, or even large engines.
Answer:
A. Management's minimum required balance.
Explanation:
The minimum balance is the minimum dollar sum that a client must have in an account to get some service benefit, for example, keeping the account open or getting premium.
Answer:
Please see explanation below.
Explanation:
Knowledge management system is a system that allows sales people have quick and right information about a company's value proposition without having to wait for feedback from team members or someone else in the company. An advantage of knowledge management system is the ability to train many employees remotely or places where they may be needed.
Various ways ways that knowledge management system could help sales and marketing.
•Getting sales people on the same page. A company's sales team should understand the value propositions of their firm and how such values distinct them from the competitors. Each sales member should be acquitted with the knowledge management system which provides an easily accessible place for the company's value proposition. It also means that the values should readily be known and understood by everyone and are able to apply them according to how situations demands.
• Allowing to refine and deliver a better training process. This explain that knowledge management system can assist in terms of tracking questions frequently asked by sales people , contents mostly assessed by them and activities often carried out by top sales person that bring about the best result. All the information gathered including possible answers and training contents can then be loaded into the knowledge management system to help train new hires.
• Helping to track valuable insights and information. Prospects and customers usually give useful feed back which can assist a sales team and sales representative handles future sales opportunities. It is not enough capturing these information on the knowledge management system, they should be properly organized and accessible for other team members to benefit .
• Making it easier for sales and marketing to help each other. An important part of marketing team's task is to understand the challenges faced by the target audience and the questions prospects commonly ask so as to create relevant contents for them and also upload them on the knowledge management system portal. Such information should be often accessed by the team and then take better advantage of it.
Other areas knowledge management system could help sales and marketing are assistance with sales trend, high level decisions with regards to product orders, price negotiations . etc
<span>This liability is called the insurer's
"loss reserve".</span>
Loss reserve<span> is
a gauge of an insurer's liability from future cases. <span>Loss reserves</span> most often contain liquid resources,
and they enable the insurer to cover claims made against strategies that it
endorses. Assessing liabilities can be a difficult task. Insurers need to regulate loss reserve
estimations as the situation change.</span>
