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Lana71 [14]
2 years ago
13

Johnson Controls, Inc. produces the seats for the Dodge Neon. Although Johnson initially was able to meet Dodge's cost target, i

t was not able to meet its safety, weight, and comfort specifications. Engineers from Dodge visited the Johnson plant and worked with its design people to create a seat that met all of the technical requirements at a cost that both could agree on. Johnson Controls and Dodge engaged in ________.
Business
1 answer:
matrenka [14]2 years ago
7 0

Johnson Controls and Dodge engaged in<u> Reverse Marketing.</u>

<h3>What is Reverse Marketing</h3>

Reverse Marketing can be defined as a type of marketing in which the customer are the one that patronized your a company business instead of the company creating brand or product awareness to the consumer.

This type of marketing strategy enables customer to be attracted to your business just as in the case of Johnson controls and its consumer Dodge.

Therefore  Johnson Controls and Dodge engaged in<u> Reverse Marketing.</u>

<u></u>

Learn more about reverse marketing here:brainly.com/question/25754149

#SPJ1

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Triano Brothers, an insurance firm, follows an administrative procedure for measuring the relative worth of its jobs. The organi
Alexus [3.1K]

Answer: Option (B)

Explanation:

Here, in this case we can state that <em>job evaluation </em>is being exemplified. The Triano Brothers are using job evaluation, so as to have a systematic approach in order to determine value of a job in regards to the several jobs in their organization. The organization attempts to have a orderly comparison in between different jobs as to assess the relative value.

8 0
4 years ago
horizontal integration through m&amp;a can help firms strengthen their competitive position by increasing the differentiation of
kotegsom [21]

Increased Differentiation is competitive position by increasing the differentiation of their product and service offerings.

What is Increased Differentiation?

The key characteristic(s) that set one company's goods or services apart from those of its rivals are referred to as that company's products. Successful product diversification increases sales and customer loyalty.

A product differentiation strategy includes identifying and outlining a company's or product's distinctive features as well as the most critical distinctions between it and its rivals. Creating a strong value proposition and unique selling concept for a product or service is essential to making it appealing to a target market or audience.

If done successfully, product diversification might provide the product's seller a competitive edge and eventually increase brand recognition. The quickest high-speed Internet connection and the most cost-effective electric car on the market are two instances of different commodities.

to learn more about Increased Differentiation click:

brainly.com/question/8107956

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4 0
1 year ago
Business analytics tools are used with data in the ________________ to gain insight and support decision making.
kenny6666 [7]

Answer:

Business

Explanation:

The extensive use of data and quantitative analysis to support fact-based decision making within organizations.

8 0
3 years ago
Suppose that lenders want to receive a real rate of interest of 5 percent and that they expect inflation to remain steady at 2 p
Helga [31]

Answer:

7%

Explanation:

nominal interest rate = real interest rate + expected inflation rate

nominal interest rate = 5% + 2% = 7%

Usually the nominal interest rate has four major components:

  1. real interest rate: the net interest rate received by a lender or an investor
  2. inflation rate: the general rise in the prices of goods and services, as inflation increases, the purchasing power of a currency decreases
  3. liquidity risk premium: usually collateralized loans include a liquidity risk premium since not all assets can be easily converted to cash.
  4. credit risk: possibility of the borrower defaulting the loan

7 0
3 years ago
What is money that a borrower owes a lender?<br> credit<br> O debt<br> O income<br> O loan
seropon [69]

Answer: loan.

Explanation:

3 0
3 years ago
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