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Umnica [9.8K]
2 years ago
11

The process of arranging for a product to occupy a clear, distinctive, and desirable place relative to competing products in the

minds of target consumers is known as ________. Group of answer choices positioning target marketing market targeting market segmentation differentiation
Business
1 answer:
babymother [125]2 years ago
8 0

The answer is Positioning.

Market segmentation is the process of dividing a market into distinct groups of customers who have different characteristics, needs and behaviors and therefore require different products or marketing programs.

Market targeting is concerned with evaluating each segment’s attractiveness for the company and selecting one or more segments to enter. The evaluation of segments is based on the question- which segment the company can serve best.

In other words, we should concentrate on and enter those segments in which we can generate the greatest customer value over time.

Differentiation in marketing means creating specialized products that gain a competitive advantage with a particular segment of the market.

Hence, The process of arranging for a product to occupy a clear, distinctive, and desirable place relative to competing products in the minds of target consumers is known as Positioning.

Learn more about Market Strategy :

brainly.com/question/21629547

#SPJ4

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Most state legislators are ________. Group of answer choices from the most popular families in the state more educated than the
taurus [48]

Answer:

Typical of a cross section of the population

Explanation:

Each state in the U.S have state legislators who are elected by the citizens of the states who are eligible to vote therefore most state legislators are a typical cross section of the population in the state that they are serving as  a legislator in the state legislative arm of Government.

The state legislature helps in approving the budget, initiating impeachment processes and also deliberate issues brought to it by the Governor. the legislature initiates tax legislation in the states hence one can say the most state legislators represents the cross section of the population.

8 0
4 years ago
____________ marketing links the organization to its customer, employees, suppliers, and other partners for mutual long-term ben
horrorfan [7]

Answer:

the answer for the question is customer

4 0
3 years ago
Read 2 more answers
How have craft beer brands become successful?
JulijaS [17]
They became successful by having rich taste and advertising their products.
im pretty sure
3 0
3 years ago
The basic explanation for high real wages in the united states and other industrially advanced economies is that the
Bezzdna [24]

<span>The straightforward elucidation for from top to bottom genuine grosses in the United States and other technologically progressive financial prudence is that the Labor petition has greater than before more briskly than labor amount in these countries.</span>

3 0
3 years ago
As a manager of a chain of movie theaters that are monopolies in their respective markets, you have noticed much higher demand o
lbvjy [14]

Answer:

11.25; 8.75

Explanation:

On weekends,

Inverse demand function: P = 20 – 0.001Q

On weekdays,

Inverse demand function: P = 15 – 0.002Q

Let quantity demanded tickets on weekend be Q1 and quantity demanded tickets on weekday be Q2,

Profit function:

= [(20 - 0.001Q1) × Q1] + [(15 - 0.002Q2) × Q2] - [25,000 + 2.5(Q1 + Q2)]

For maximizing profit, Differentiating profit w.r.t Q1 and Q2,

⇒ (20 - 0.002Q1) - 2.5 = 0

⇒ (15 - 0.004Q2) - 2.5 = 0

Hence, solving for Q1 and Q2, we get

Q1 = 8,750

Q2 = 3,125

Therefore,

Price during weekends: P = 20 - (0.001 × 8,750)

                                           = 11.25

Price during weekdays: P = 15 - (0.002 × 3,125)

                                           = 8.75

3 0
3 years ago
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