Here, the Jeep is an elastic product.
<u>Explanation:
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According to the economics, a product is said to be an elastic product when the price of the products increases or decreases resulting in a drastic change in the demand of quantity of the product. While a product is said as the inelastic product when the price of the product differs or fluctuates resulting in little changes in the quantity demand of the product. Here, <em>when the Jeep's price dropped down by $4500, the quantity and demand of the Jeep increases. Therefore, there were a lot of shoppers who bought a Jeep</em>.
Explanation:
For starting to compose a business message, it is important to collect all the necessary information by conducting a formal research or an informal research.
Now in order to avoid frustration and inaccurate messages while collecting the necessary information, the following questions we should ask ourselves are :
1. How should the sender structure the message?
2. What is the most interesting part of the message?
3. What will happen if the receiver does not take action?
4. When must the receiver take action?
5. What action does the receiver need to take?
Hierarchical diffusion example is a brand of sunglasses becoming popular after a soccer star is seen wearing them.
Answer: Low in Uncertainty Avoidance
Explanation:
Hofstede argued that different societies had different tolerance levels and that their tolerance levels usually show themselves in certain ways.
Uncertainty Avoidance is one of those days and measures the degree to which a society avoids risky ventures. A society HIGH in Uncertainty Avoidance will seek to avoid risky ventures and sometimes even enact legislature against it. A society LOW in Uncertainty Avoidance will accept risky ventures which can sometimes correspond with innovative, and deviant behavior.
