BUSINESS ADMINISTRATION
BUSINESS ENVIRONMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Dealers
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Suppliers
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Marketing Intermediaries
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Public
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Detailed explanation-1: -Managers generally consider three factors in determining policy for quality, the product or service market, its competition, and image. A review of the market gives an idea of customer expectations of quality and their willingness to pay for it.
Detailed explanation-2: -Supply choices are influenced by a number of factors. Those factors include the price of the product in question, the number of producers, the input costs, the technological changes, the price of other possible products, and unpredictable factors such as weather.
Detailed explanation-3: -These factors are quality, delivery, price and criteria about the supplier. Subcomponents of quality are quality of the product, amount of faultless products, solving the problem of quality, quality of production and stable quality.