What is the most common function performed by electronic data interchanges? S<span>ending electronic equivalents of structured documents between different organizations. An electronic data interchange is an interchange between computers to other computers within the same type of business. These interchanges are used for the programs to communicate electronically. </span>
If a renter has only given $500 for his/her deductible, and the renter gets robbed with $1,560 worth of his belongings in the apartment. The insurance company will pay the renter the remaining $1,060 because the $500 you've paid is called the out-pocket-cost. So the answer to your question is $1,060.
Answer:
First-line manager.
Explanation:
A first-line manager is a person within a company who is directly above all other personnel who are not managers. They have various obligations, such as the aforementioned routine decisions, service desk, feedback, work satisfaction, etc. When it comes to some more serious decisions, this type of a manager is not allowed to make them but rather only advise higher ups.
<h2>Marketing research deals with gathering, recording and analyzing data about its target market.</h2>
Explanation:
- A research will be conducted with the direct customer for releasing a new product or new version of the product.
- This is the systematic way of collecting data
- This helps entrepreneurs to make decision
- It is the study of market design in tandem with the acceptance in the market
- Helps the business man to better identify the market opportunities
- Also it is possible to learn market strategies from the research.
Answer:
The demand for hotel rooms is inelastic
Explanation:
An inelastic demand is the one that is not very sensitive to price changes (the price elasticity of demand is less than one). In this case, even though the RitzminusCarlton hotel cut they rates by $50 per night, they did not see a significant response in occupancy. It is not perfectly inelastic because in that case the RitminusCarlton hotel would not have seen any changes in occupancy (they saw a response in occupancy, but it was not meaningful). In the demand and supply graph, an ineslatic demand curve is steeper than the normal one. The more inelastic the more steeper the curve.