All categories

3 years ago

"a branding strategy in which a firm uses a different brand for each of its products is called ____ branding."

1 answer:

8 0

A branding strategy in which a firm uses a different brand for each of its products is called individual branding. With the use of this strategy, products from the same company are given a unique identity and name. This is especially useful when companies offer a wide range of products that cater different price markets.

You might be interested in

If the United States could produce five televisions per hour of labor and China could produce three televisions per hour of labo

IRISSAK [1]

Answer:

US specialisation in TV can be stated on the basis of Absolute Advantage, not comparative advantage.

Explanation:

Absolute Advantage is when a country can produce more output per input of a commodity, than other country.

Comparative Advantage is when a country can produce a good at lower opportunity cost (in terms of other sacrifised)

China can produce more (ie 5 units television) per hour employed, compared to US able to produce lesser (3 units) in the same time. So, on the basis of Absolute Advantage, it can be stated that US should specialise in TV production.

However, since other good's details have not been given. So, we cannot attain the relative opportunity costs. Hence, specialisation on the basis of comparative advantage can't be stated.

7 0

3 years ago

In one nation, life expectancy is in the high 50s. Few citizens have access to modern technology, and the average yearly income

NARA [144]

Answer:

Developing

Explanation:

A developing country is one where,

Per capita income is lower which means individuals earn money for basic survival. There are no means of investment and savings.
Life expectancy is higher due to absence of modern medical facilities in all areas.
Technology is still reaching people in rural areas. Not everybody has access to modern technology.
High rates of population and unemployment.

Here, the country has all features of a developing world nation.

8 0

3 years ago

A partner (owner) who invests money in a business does not take an active role in managing the operation, and is only subject to

Mashutka [201]

Answer:

Limited partner

Explanation:

A limited partner has limited liabilities and doesn't take an active role in managing the operation of the business. A limited partner is also known as a silent partner.

I hope my answer helps you

3 0

3 years ago

What is an example of a situation in which the cost of capacity is substantially more than the cost of waiting? What would the w

labwork [276]

Answer:

Cost of Capacity, Cost of Waiting and Waiting Lines which are concepts indicated in the question speaks to Queuing Theory under Operations Management.

The goal of studying this theory simply relates to Optimizing Efficiency.

Let's define the concepts highlighted in the question.

Capacity cost is defined as the total amount of expenses incurred by an organization to provide for or increase its ability to conduct business operations. It can also be referred to as the cost of service.

Cost of Waiting on the hand within the context indicated above is how much it costs a business to keep customers waiting.

The more customers leave without making a purchase or do not return because of frustrating wait times, the higher the waiting cost.

Waiting Line - This is simply a line of people waiting to be attended to, or access a product or service. It could also refer to Assembly Line. Or simply, a queue.

Explanation:

Cost of Waiting plus Cost of Service equals Total Cost.

An optimized situation is where the total cost is at it's lowest. Reducing capacity may reduce costs of service, but cause an upward spike loss of sales due to lost customers.

Excessive capacity, on the other hand, will reduce the loss of sales due to the loss of customers but lead to an increase in operating costs.

To answer the questions, an example of a situation in which the cost of capacity is substantially more than the cost of waiting is given below:

a) If One ATM can serve 3 customer in 2 Minutes, and ATM users arrive the ATM Gallery at the rate of 3 customers every 4 minutes, then haveing 5 ATM Machines installed at such a location would translate to higher cost of capacity in relation to cost of waiting (Assuming that the cost of purchasing the machines and profit accruable from the ATM use charges are not factors under consideration)

b) the waiting line in such a condition would be substantially smaller than an optimised gallery or close to zero

Cheers!

3 0

3 years ago

Maxdime Inc. is an international automobile manufacturer that has decided to work on low-cost fuel efficient motorbikes. Foray I

luda_lava [24]

Answer:

The correct answer is B

Explanation:

Non-equity strategic alliance is the kind or type of the alliance which is established when two or more companies sign or agree a relationship which is contractual to the pool of their resources as well as capabilities together.

So, in this case, the automobile manufacturer, who decided to work on the low cost fuel, then the domestic automobile company which is grounded in China, willing to partner with the automobile manufacturer. It is an alliance which is non- equity strategy as they pool their capabilities and the resources.

5 0

4 years ago