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Elden [556K]
2 years ago
13

Global market has decided to increase its market share by hiring a marketing rep to visit businesses in the area and invite thei

r employees to shop at global market and attend monthly health events that take place at global market stores. each of the individual stores has hired two new employees to handle the anticipated increase in customer traffic. global market is using a _____ strategy. mgt 305
Business
1 answer:
Doss [256]2 years ago
3 0

In the condition given above where the global market intends to increase its market share by hiring representative for such purpose, the global market is said to be using communication strategy.

<h3>What is communication strategy?</h3>

A strategy, which is used by an organization for the purpose of interaction with the target audience of such organization, it is known as a communication strategy.

Hence, the significance of communication strategy is aforementioned.

Learn more about communication strategy here:

brainly.com/question/13363001

#SPJ1

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What is the primary product focus for the lego company? select one: a. custom sculpture b. recycled plastic c. electronic device
Goryan [66]

<u>Children's construction sets</u><u> is the primary product focus for the </u><u>lego </u><u>company.</u>

<u />

What is the strategy of LEGO?

  • The LEGO Group's mission is to inspire and develop the builders of tomorrow through the power of play.
  • The LEGO System in Play, with its foundation in LEGO bricks, allows children and fans to build and rebuild anything they can imagine.

Does LEGO use differentiation strategy?

  • The LEGO group is using the differentiation strategy as the company states, "we want to be the best, not the biggest."
  • In addition to that, the company is focusing on new product development along with innovation as well.

Why is LEGO so successful?

  • Instead of offering kids ready-made toys, LEGO gives them the opportunity to build their toys — a much more challenging activity which kept kids engaged for hours.
  • The LEGO System of Play becomes very successful and the company starts selling it to other countries.

Learn more about LEGO

brainly.com/question/16601881

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3 0
1 year ago
Parton Co. is a car manufacturing company that wants to hire a new product manager. Senior management decides to have the depart
gayaneshka [121]

Answer:

panel interview

Explanation:

Based on the information provided within the question it can be said that this is an example of a panel interview. This is a type of interview in which a group of individuals all ask questions to the potential candidate. This group of individuals then analyzes the question and make a group decision as to whether or not they will hire the individual for the job.

7 0
3 years ago
Fundamental analysis shows that stock in Cedar Valley Furniture Corporation has a price that exceeds its present value. Group of
barxatty [35]

Answer:

The correct option is :

This stock is overvalued; you shouldn't consider adding it to your portfolio.

Explanation:

The stocks that are in cedar valley corporation has a price that exceedes its present value from this statement the first given option doesn't justify as the stocks rates are not undervalued.

Now, in the second option its again given that the stock will be overvalued which is true but it should be added to the portfolio is not correct. so, this option is not considered.

In the third option it mentions that stock is overvalued which is the correct option and also that it shouldn't be added in portfolio.

And the last one states that its undervalued which restricts the option at this point only.

So, third option is correct.

5 0
3 years ago
Which of the following most accurately explains why even if you won $1 million in a lottery, you still would not escape the scar
liubo4ka [24]

Answer:

All Individuals, whether rich or poor,are dissatisfied with their material well-being and would like more.

Explanation:

Individuals wanting more and not being satisfied with their material well being goes back to the fundamental problem of economics-unlimited human wants. Economists argue that human wants are unlimited and insatiable irrespective of their economic class. Whether rich or poor, no man is satisfied with his material well-being. Every man still feel something is lacking after acquiring so much or so little. He still has the scarcity problem.

This never-ending desire is embedded in the physiological make up of a man. When a man gets food, then he wants house. When he gets house, he wants car. When he gets a car, he wants to buy a private jet. In short, the more he gets, the more he wants more.

And that`s is the reason why you would win $1 million and stills not satisfied with having enough. You would still believe you lack something. You would still want to acquire more just to solve this scarcity problem.

Other options do not explain the problem ; they just points at microeconomics and macroeconomics issues.

5 0
3 years ago
In discussing inventory, helena mentions that bikinis for sale on the website are not always in stock. say customer feedback ind
quester [9]

The best action that Helena should take first is that she should decide that when retail stores and as well as online customers order bikinis, she should help them in a way that they don’t have to wait more than two weeks in regards of the order to arrive. By that, this will prevent customers from cancelling their order.

6 0
3 years ago
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