Answer:
is based on offering a unique product or service that a wide range of buyers find appealing and worth paying for
Explanation:
A broad differentiation strategy is a strategy of making ones goods or services different from that of competitors in a way that would appeal to a wide range of consumers.
An example of a company that employs broad differentiation strategy is apple. Apple products are deemed to be quite different from that of its competitors
<em><u>Characteristics of broad differentiation strategy </u></em>
- Firms that use this pricing have higher brand loyalty
- Firms that use this pricing have higher sales than when compared with competitors
- Firms that use this pricing are able to charge a higher price for their products when compared to their competitors
The correct answer to this open question is the following.
The management of Sports Shoes Corporation, a U.S. firm, wants to expand into foreign investment and employment markets. They are considering either opening their own production facility in a foreign country or entering into a licensing agreement with a foreign firm.
The advantage of considering opening their own production facility in a foreign country is that the firm will have total control of the business and the income and profit will go directly to Sports Shoes Corporation. The disadvantage would be that the company does not know the market if that foreign country, so it could face some obstacles and difficulties in the firsts years.
The other option is entering into a licensing agreement with a foreign firm, knowing that the firm knows the business because it has been established in that country for years so they know the country laws, fiscal regulations, the relationship with local workers, and most importantly, they know the market and their consumers. That would be the advantage.
The disadvantage would be that this learning curve in the new country has its cost, and the association with the firm means that Sports Shoes Corporation must split the revenue and corporate decisions.
Probably Yale of Harvard for academics
Answer: c. Strategy
Explanation:
Strategy refers to the means a person hopes to use in order to get something done. A company's strategy therefore will tell how the company will attempt to reach its goals.
It will tell the plan of action that the company will use and how resources will be allocated to satisfy the requirements of the plan. It will also tell how the company hopes to market its goods so as to gain an advantage in the market and generally everything else that the company needs to meets its goals.
Answer:
The answer for the following question is given below.
Explanation:
An advertising agency's organizational structure consists of the same basic elements, no matter the size of the company.
A. Advantages of Advertisement:
1. Value marketing
2. Output extension
3. Upgrades Goodwill
4. Large output
5 enormous profits. Different Options Data, and Comparative Prices 6. Creates Jobs
7. Best Living Standard
B. Disadvantage of Advertisement:
1. Adds to production costs and to Category
2. Leads to War
3 on the Cost. Tricky Advertising
4. Leads to Economic Inequality
5. Sets up a Monopoly Market
6. Promotes Undue Use
7. Moral Standards drop.