The Bird of Paradise Flower Is One of the World's

question 36

Multiple Choice

The Bird of Paradise flower is one of the world's most stunning tropical flowers standing tall and radiant with color.When Josiah knows he's receiving flowers from Hawaii,he emails all of his customers who he knows enjoys the flower and informs them of the upcoming shipment.Josiah's program is an example of:

• A)frequent shopper programs
• B)special customer sales promotions
• C)gaining competitive advantage
• D)1-to-1 simplicity
• E)1-to-1 retailing

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Definitions:

Tax

Compulsory financial obligation or different form of levy placed on a taxpayer by a government entity to finance public spending.

Excise Tax

A tax imposed on specific goods, services, or activities within a country, often levied on items like tobacco, alcohol, and gasoline to discourage their use or generate revenue.

Deadweight Losses

Economic inefficiencies that occur when the equilibrium in a market is not achieved or is distorted, typically resulting in lost welfare or inefficiency.

Ability-to-Pay Principle

A taxation principle that suggests taxes should be levied according to an individual's or entity's ability to pay, implying those with higher income should pay more taxes.