Questions

The act of formally approving something is known as Ratification.

There are approximately 6 trillion miles in a light-year, so the distance we need to go is 6 trillion miles / light-year times. 4 light-years is equal to 24 trillion miles. So, this whole would take 1.2 billion hours. There are 24 hours a day and 365.25 days per year, so this time in years is 137 thousand years.

India's largest e-commerce player Flipkart buys eBay's India business, and closing a $1.4 billion fund-raising round from Tencent, eBay and Microsoft. Mr. Kalyan Krishnamurthy is the CEO of Flipkart.

Internal marketing is the process of motivating and empowering the employees of a company to work as a team for the overall well-being of the customers and thereby the company itself. This is actually the core to succes of a company. A harmonised effort  within the company is an utmost necessity to provide customers with services at a desired level. If a firm doesn't deliver the service it promises in its marketing campaign, it will fail for sure. And it only can keep that promise when all of its employees at all levels realise what actually it is going to deliver. 

Depending upon the increase or decrease in price rates, buyers may respond accordingly. Some buyers may assume that quality of the product may have reduced to to reduction in price or that the company may not be selling the product as per expectations. The other assumption that buyers may make is that prices may go down in the future and so may delay purchase. On the other hand increased price may lead to a decrease in demand as the product may be more costly for the consumers who may switch to another seller offering similar products at lower prices.

Benchmarking is the process of comparing one's business proceses and performance metrics to industry bests or best practices from other industries. Dimensions typically measured are quality, time and cost.