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ale4655 [162]
2 years ago
14

At a Hallmark store you can find several lines of greeting cards, including Fresh Ink, Nature’s Sketchbook, Shoebox, Maxine, Mah

ogany, and Tree of Life cards—all made by Hallmark for sale in its stores and intended to appeal to different target markets. The Mahogany line is designed to appeal to African Americans. This is an example of ________ segmentation.
Business
1 answer:
Luden [163]2 years ago
4 0

The aforementioned illustration shows how <u>demographic segmentation</u> is used, with the Mahogany line being created with African Americans in mind.

<h3>What do you mean by segmentation?</h3>

The process of segmenting a target market into groups of potential customers with similar requirements and behaviors involves dividing the market into segments.

The division of consumers into segments according to their demographic traits is known as demographic segmentation. Age, gender, income, education, religion, nationality, and other factors are included in this.

Thus, the correct answer to be filled in the given blank is Demographic segmentation.

Learn more about segmentation :

brainly.com/question/14315539

#SPJ1

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Orica Inc. competes in the market for commercial explosives. The company recently changed its business model from just selling e
Troyanec [42]

As the company recently changed its business model from just selling explosives to managing an entire blast in a quarry. This customer-solution-based approach to the sale of explosives is an example of systems selling.

<h3><u>What is a Business Model?</u></h3>
  • The strategy a business uses to turn a profit is referred to as its business model. It lists any estimated costs as well as the goods or services the company intends to sell, as well as its chosen target clientele.
  • Both new and established businesses need strong business models. They aid young, developing businesses in luring capital, hiring talent, and inspiring management and personnel.
  • Established companies should change their business strategies on a regular basis to account for emerging trends and difficulties. Investors use business plans to assess potential investments.
  • A business model is a comprehensive strategy for running a company profitably in a particular industry. The value proposition is a key part of the company model.

Systems selling is the practice of offering linked products or services as a unit rather than individually or independently. Products that are combined under systems selling are typically complementary products.

Therefore, This customer-solution-based approach to the sale of explosives is an example of systems selling.

Know more about Business Model with the help of the given link:

brainly.com/question/13397493

#SPJ4

3 0
2 years ago
By separating the value of the actual flight from the services associated with flying, airlines have greatly expanded the profit
son4ous [18]

Answer:

True

Explanation:

  • This implies the overall cost leadership strategy as a generic firm such as the airlines set to put the low prices and tends to m age the entire value chain network by expanding its base by provisioning of the actual flights. The associated value-added services that combines the advantages of an integrated overall differentiation strategy.
8 0
3 years ago
Preparing a Direct Labor Budget Patrick Inc. makes industrial solvents. Planned production in units for the first 3 months of th
padilas [110]

Answer:

January:

Budget labor cost= $236,520

February:

Budget labor cost= $221,400

March:

Budget labor cost= $271,350

Explanation:

Giving the following information:

Planned production in units for the first 3 months of the coming year is:

January= 43,800

February= 41,000

March= 50,250

Each drum of the industrial solvent takes 0.3 direct labor hours. The average wage is $18 per hour.

Budget labor cost= number of units*0.3 direct labor hours* average wage

January:

Budget labor cost= 43,800*0.3*18= $236,520

February:

Budget labor cost= 41,000*0.3*18= $221,400

March:

Budget labor cost= 50,250*0.3*18= $271,350

5 0
4 years ago
Developing and evaluating solutions to reduce the gap between desired process performance and current performance is the final s
leva [86]

Answer: False

Explanation:

The six sigma DMAIC approach for process improvement is a way of improving performance in such a way that it makes the company more profitable as well as improving customer relations and satisfaction.

The DMAIC is an acronym that stands for the the steps in the process as seen in the graph attached.

The above statement about Developing and Evaluating Solutions to make a company perform better is not the final step in the process as it falls under the fourth step, which is to Improve.

The final step is Control. Here the main focus is on preserving what has been achieved. It works by monitoring the situation and ensuring that the process improves if a loophole is spotted.

7 0
3 years ago
Caspion Corporation makes and sells a product called a Miniwarp. One Miniwarp requires 6.5 kilograms of the raw material Jurislo
babymother [125]

Assuming the company wants to prepare a Direct Materials Purchase Budget for the next five months. The total cost of Jurislon to be purchased in August is:$3,663,220.

<h3>Total cost</h3>

Using this formula

Total cost=(Desired ending inventory+ Required for production-Ending inventory)×Rate per kilogram

Total cost=[(21,700×6.5×20%)+(23,000×6.5)-11,200]×$22 per kilogram

Total cost=(28,210+149,500-11,200)×$22 per kilogram

Total cost=166,510×$22 per kilogram

Total cost=$3,663,220

Inconclusion the total cost of Jurislon to be purchased in August is:$3,663,220.

Learn more about Total cost here:brainly.com/question/25109150

4 0
2 years ago
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