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ValentinkaMS [17]
2 years ago
6

A marketing strategy that involves a firm using different marketing mix activities to help consumers perceive the product as bei

ng different and better than competing products is referred to as __________.
a. product repositioning
b. points of difference
c. product positioning
d. product differentiation
e. market differentiation
Business
1 answer:
svet-max [94.6K]2 years ago
4 0

Answer:

It is referred to as product differentiation.

Explanation:

Product differentiation is a strategic type of marketing in which a firm uses campaigns and promotions to highlight features that make its product unique as well as the benefits of using the product or service.

This kind of marketing differentiate the firm's product or services from those of competitors and makes consumer perceive such differentiated product or service as better than other similar competing products.

Explanation:

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zhuklara [117]
<span>A. Connecticut Community College</span>
6 0
3 years ago
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Upon a second and third offense, a driver can be charged $25 dollars for not maintaining adequate insurance coverage, $160 for r
xz_007 [3.2K]

If a driver have committed a second and third offense, they will have their license suspended for six months with other punishment.

<h3>What is Road traffic offense?</h3>

A road traffic offense refers to any act that violated the Road traffic rule.

Some road traffic offense apportioned for a typical road traffic offense includes:

  • suspension of driver license
  • fines etc

In conclusion, If a driver have committed a second and third offense, they will have their license suspended for six months with other punishment.

Read more about road traffic offense

<em>brainly.com/question/1138029</em>

8 0
2 years ago
The University Store, Inc. is the major bookseller for four nearby colleges. An income statement for the first quarter of the ye
Effectus [21]

Answer: $30,000

Explanation:

Sales are $800,000 and the average price is $40. Number of units sold is;

= 800,000/40

= 20,000 units

Sales                $ 800,000  

<em>Less</em>: Cost of Goods Sold                 ($560,000)  

Gross Margin                  <u>$240,000</u>  

Less : Variable Costing  

Selling Expenses (20,000 units X $3.00)                  ($60,000)

Administrative Expenses (5% of $ 800,000)               ($40,000)  

Contribution Margin               <u> $140,000</u>  

Less: Fixed Cost  

Selling Expenses ($100,000 - $60,000)                    ($40,000)  

Administrative Expenses ($110,000 -$40,000)                     ($70,000)  

Net Operating Income                  <u> $30,000</u>  

3 0
3 years ago
When happens when demand exceeds supply?
ElenaW [278]

A shortage occurs when demand exceeds supply – in other words, when the price is too low. However, shortages tend to drive up the price, because consumers compete to purchase the product. As a result, businesses may hold back supply to stimulate demand.

4 0
3 years ago
Product improvements, product modifications, and original products can all be classified as:______.
RUDIKE [14]

All improved, modified, or original products are classified as NEW PRODUCTS.

Product is improved when gaps were found in it as the gaps are introduced they are termed to resolve it this resolving will help the producer to re-introduce his/her product from the start this product is now classified as to the new product category.

Same like this modification process goes through and developed into a brand new brand or product ad same and we know if any product didn't find a mistake again this product is indeed a new product so all the respective categories are called new products.

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6 0
1 year ago
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