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AleksandrR [38]
2 years ago
8

New balance, inc. , successfully repositioned its athletic shoes to focus on fit, durability, and comfort rather than competing

head-on against nike and adidas on fashion and professional sports. new balance is likely reacting to a.
Business
1 answer:
stiv31 [10]2 years ago
4 0

The action of New Balance, Inc. to successfully reposition its athletic shoes to focus on fit, durability, and comfort rather than competing head-on against Nike and Adidas in fashion and professional sports is <u>A. a reaction to a </u><u>competitor's position</u><u>.</u>

<h3>What is competitive positioning?</h3>

Competitive positioning is offering and creating value for your customers and brand in the market.

The following four competitive positions can be assumed by an entity, depending on the adopted market strategies:

  • Market leadership
  • Market challenging
  • Market followership
  • Market niching.

<h3>Answer Options:</h3>

A. react to a competitor's position

B. reach a new target market segment

C. catch a rising trend

D. change the value offered to its customers

E. accommodate its target audience's preference for comfortable sneakers

Thus, New Balance, Inc. is likely reacting to <u>Option A</u>.

Learn more about market positioning at brainly.com/question/25165063

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Teresa purchased a necklace for $100 in 1964. In 2014, Teresa gave the necklace to her granddaughter, Lindsey.
padilas [110]

Answer:

d)$1,100 long-term capital gain

Explanation:

Given the information from the question. We know that a long-term capital gain or loss comes from investment that was possessed for a year or longer. However in this case, since the necklace was a gift .Therefore, there were no capital gain in 2014. In 2016, Lindsey sold the necklace for $1200. Therefore, the capital gain on the necklace will calculated as $1200- $100 = $1100. Where the $100 is a cost purchase for the previous owner. Therefore, long-term capital gain is $1100 which is option D.

8 0
3 years ago
On September 3, 2021, the Robers Company exchanged equipment with Phifer Corporation. The facts of the exchange are as follows:
GREYUIT [131]

Based on the information given the appropriate journal entries to record the exchange for both Robers and Phifer are:

Robers entries

Debit Equipment (new) $77,000  

Debit Accumulated Depreciation $111 000  

Debit Cash $19,000  

Credit Equipment  $190,000

Credit Gain on Sale $17,000

($77,000+$111,000+$19,000-$190,000)

Phifer's entries

Debit Equipment(new) $96,000  

Debit Accumulated depreciation $119,000  

Debit Loss on Sale $14,000

($210,000+$19,000-$96,000-$119,000)

Credit Equipment  $210,000

Credit Cash  $19,000

Learn more about journal entries here:brainly.com/question/24696035

4 0
2 years ago
Suppose Amazon.com has offered you free shipping on your next purchase of more than $35. This offer is an example of ________.
Lunna [17]

Answer: Option A

                                               

Explanation: Sales promotion is the method of convincing a prospective consumer to buy the commodity. Sales promotion is intended to be used as a brief-term tool to boost sales – it is seldom appropriate as a way to develop long-term customer retention.

Giving discount, rebates and other such special offers are some of the many examples of sales promotion. In simple words,it is done to boost the sales for the current period.

In the given case, Amazon is also offering money saving offers to attract customers. Hence we can conclude that this is an example of sales promotion.

4 0
3 years ago
A Moving to another question will save this response.
Yuri [45]

Based on the question above, the correct answer goes thus:

  • 2. a and b and cand d

<h3>Chart</h3>

  • A chart is a graphical representation for data visualization, in which the data is represented by symbols, such as bars in a bar chart, lines in a line chart, or slices in a pie chart.

  • It can show tabular numeric data, functions or some kinds of quality structure and provides different information.

In conclusion,we can conclude that a chart can show, Comparison, Distribution, Composition and Relationship.

Learn more about Chart here: brainly.com/question/14323743

5 0
2 years ago
If mistakes or fraudulent reporting behavior are discovered, auditors require the company to correct all significant information
stepladder [879]

Answer:

The correct answer is True.

Explanation:

In the context of the audit of financial statements, fraud consists of recording intentional errors in the financial statements. The two main fraud categories are: fraudulent financial reports and asset misappropriation.

Fraudulent financial reports are characterized by containing errors or intentional omissions in the amounts with the intention of deceiving users. Most cases of fraudulent financial reports overestimate assets and income or omit financial liabilities and expenses to show higher income.

6 0
3 years ago
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