Answer:
Time utility
Explanation:
Organizations try to understand the demands of the consumers before before important decisions. From the questions, it is clear that the department stores over time have understood when customers prefers not to stock spring colored items because during the spring and fall, brown and green items are mostly sort after. Thus time utility which entails making available certain products to consumers depending on their needs, weather condition, or seasons is the most likely answer to this question.
Answer:<u><em> C) All of these choices are true.</em></u>
Explanation:
Sensitivity analysis is a process of seeing how optimal decision and EMV vary when one or more inputs vary.
Sensitivity analysis finds out how various values of an self-reliant variable affect a particular dependent variable under a set of postulate.
This is used within particular extremity that depend on one or more input variables.
Contingency plan is a strategy in a multistage decision problem that specifies which decision to make for each possible outcome.
A contingency plan is a class of action fashioned to help an administration respond effectively to a important future event or status that may or may not happen.
Multistage decision problem is one where decisions and observations of uncertain outcomes alternate.
Answer:
The correct answer is "The managers are studying the economic forces"
Explanation:
The economic factors are forces that contributes or affect business competitiveness.
Some of the economic factors are: inflation, interest rate, unemployment, fiscal policies, government changes...
Suggestive selling, accepting credit cards as payment, and expanding operating hours to 24 hours are strategies or selling techniques used by the fast food industry to attract customers to increase the purchase amount of the products resulting to increase in profit in the business.
