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Lesechka [4]
2 years ago
10

Heinz changed the packaging of its ketchup, switching from a glass bottle to a plastic bottle. Since the bottle was squeezable,

consumers had an easier time getting ketchup out of the bottle. This change in packaging is a strategy that can most likely help boost sales in the _______ stage of the product life cycle.
Business
1 answer:
azamat2 years ago
3 0

This packaging change is a marketing tactic that may increase sales during the product life cycle's maturity stage.

<h3>What are the Product Stages?</h3>

The product life cycle is the progression of a product through Five distinct stages—development, introduction, growth, maturity, and decline.

<h3>What are the Maturity Stages?</h3>

The maturity stage occurs after the introduction and growth stages. The maturity stage is the longest stage of the product life cycle. In this stage, sales growth begins to decline; the company reaches the highest point in the demand cycle; and advertising strategies have minimal impact on sales growth.

<h3>What are the characteristics of a product in maturity stage?</h3>

The mature stage's main characteristic is that sales volumes are still growing but at a slower rate. The closer to the end of the mature, the slower will be the growth in sales volume. Competition for market share and customers is also more intense.

Learn more about Maturity Stages on:

brainly.com/question/12074531

#SPJ4

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Borstorff and her associates examined a number of factors related to employee willingness and concluded that married couples wit
konstantin123 [22]

Answer:

The answer would be FALSE

Explanation:

There is no information necessary to answer the question but it is more likely that a couple with children will want to accept a job abroad because they have no responsibility such as child support, school, etc. for a child.

In the case of a couple with small children, they are less likely to agree to go elsewhere because of the expenses that this would imply.

3 0
3 years ago
Many socialist nations in Europe are forced to use the "value-added" tax concept to raise money that is desperately needed to su
enot [183]

Answer:

paid by consumers

Explanation:

Value added tax is a small sum of money that is added on top of the price of a service. For example, I go to a grocery to buy Washing powder which costs me lets say 10 bucks. I will have to pay VAT on the 10 bucks. the vat is a small percent added on the price so here, assuming the VAT is 10%, I will have to pay 10% of 10 bucks PLUS the original 10 bucks so in total it will be 11 bucks.

Hopefully you understand ahaha

3 0
3 years ago
BI can help managers with __________, where a company keeps tabs of its competitor's activities on the web using software that a
enyata [817]

Answer:

The correct answer is: competitive.

Explanation:

Monitoring competition is something that every entrepreneur must do frequently. You will not want to simply follow what they are doing.

But you will want to know how the market is reacting, know what the latest trends are, the position they occupy and occupy and know how to plan to always be one step ahead of everyone. This monitoring aims to find new possibilities and define objectives based on who you need to beat (or keep ahead).

Currently, we are in a world in which detailed research is very important and the internet is growing more and more. There are also a million different factors to consider when you're spying on the competition. And it is at this precise moment that these tools come into play.

In some cases, these tools also serve to monitor your own performance and then compare it with the valuable information of your competitors.

There are many tools to analyze the competition and spy on it. But the important thing, beyond knowing the ways to obtain the information, is to prioritize the data that most interest us in order to calculate the positioning that each one has in the market.

6 0
3 years ago
Barney takes his wife Betty to a Porsche dealership and tells her to pick out whichever car she wants as a birthday present. She
amid [387]

Answer:

The car should be given to Betty because Barney already have a contract with the dealer and he has stated explicitly in the terms to the contract that the car belongs to his wife. Porsche dealer should be prosecuted for breach of contract in the court of law.

Explanation:

8 0
3 years ago
At a price of $1.00, a local coffee shop is willing to supply 100 cinnamon rolls per day. At a price of $1.20, the coffee shop w
Julli [10]

Answer:

2.2

Explanation:

The formula for calculating price elasticity using the midpoint method is:

midpoint method = {(Q2 - Q1) / [(Q2 + Q1) / 2]} / {(P2 - P1) / [(P2 + P1) / 2]}

midpoint method = {(150 - 100) / [(150 + 100) / 2]} / {(1.20 - 1) / [(1.20 + 1) / 2]}

midpoint method = [50 / (250 / 2)] / [0.20 / (2.20 / 2)] = (50 / 125) / (0.20 / 1.1)  

midpoint method = 0.4 / 0.19 = 2.2

The advantage of using the midpoint method to calculate price elasticity is that we can calculate the price elasticity between two points, and it doesn't matter if the price increases or decreases.

If we calculate price elasticity using the single point formula:

price elasticity = % change in quantity supplied / % change in price = 50% / 20% = 2.5

7 0
4 years ago
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