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muminat
2 years ago
9

Forever Inc. is a confectionery company that manufactures candies. It does not use specific strategies to target children when m

arketing its products. Instead it uses the same strategies to promote its candies among all consumers in the market. In this scenario, Forever uses a(n) _______.
Business
1 answer:
Dmitriy789 [7]2 years ago
3 0

In the aforementioned illustration, Forever Inc. is said to be employing an <em>undifferentiated</em> <em>targeting approach</em> because it is utilizing the same techniques to market its sweets to all consumers.

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

A targeting strategy is one adopted by a company or organization with the goal of upselling its products to the market's target audience of its goods and services.

<em>Undifferentiated targeting</em> is the employment of a similar targeting technique to promote products in the market without differentiating between the promotion of the same product to two different audiences.

Hence, option B states about the correct targeting strategy. An image of complete question is added for better reference.

Learn more about targetting strategy here brainly.com/question/27938865

#SPJ10

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One factor that influences the consumer decision-making process is __________, which refers to the set of values, attitudes, and
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Answer:

culture

Explanation:

culture: it is combination of values and moral that someone inherit from their forefather. it has very firm effects on decision making process. culture factors like occupation, economic background of consumer and lifestyle etc affect the decision of consumer. it is the value that passes from one generation to another.

culture is that stiff part of one life that cannot be change with time and more or less on the basis this consumer change its decision.

6 0
3 years ago
If P denotes the price of goods and services measured in terms of money, then:________.
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The answer is A for sure
8 0
3 years ago
Whirly Corporation’s contribution format income statement for the most recent month is shown below: Total Per Unit Sales (8,500
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Answer and Explanation:

The calculation of the revised net operating income per month in the following cases:

1. The sales volume increases by 50 units.

Sales revenue (8,550 units × $31) $265,050

Less: Variable expenses (8,550 units × $19) $162,450

Contribution margin $102,600

Less: Fixed expenses $55,200

Net operating income $47,400

2. The sales volume decreases by 50 units.

 Sales revenue (8,450 units × $31) $261,950

Less: Variable expenses (8,450units × $19) $160,550

Contribution margin $101,400

Less: Fixed expenses $55,200

Net operating income $46,200

3. The sales volume is 7,500 units.

 Sales revenue (7,500 units × $31) $232,500

Less: Variable expenses (7,500 units × $19) $142,500

Contribution margin $90,000

Less: Fixed expenses $55,200

Net operating income $34,800

6 0
3 years ago
You decide to buy a new car. You talk to friends about it, research mechanical specifications in Consumer Reports, test drive di
shepuryov [24]

Answer:

Shopping product

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Shopping products refer to those products which require considerable time, efforts in research, discussions and opinions and which are not purchased frequently.

Such products are purchased after careful evaluation of all the alternatives available to an individual and after comparison of prices and offers.

Consumers in such cases take considerable time in arriving at the buying decision, whether to buy or not, or to delay such purchases.  Such purchases require research and significant efforts on part of the consumer.

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3 years ago
Imagine you inherited $50,000, and you want to invest it to meet two financial goals: (a) to save for your wedding you plan to h
AleksAgata [21]

Answer:

<u>Solution and Explanation:</u>

<u>Evaluation for investment decisions </u>

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  • General electric bond – 18 months
  • Johnson & Johnson stock
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CD – 24 months= Maturity period has met the criteria for short term goal and money used for their wedding

General electric bond – 18 months=Bonds are generally Long term or short term depends upon the maturity period for this bond has only 18 months maturity period

Money market shares = This instrument is readily converted into cash at any point in time

Saving account = No obligation of any maturity period saving account is personal account

Short term junk Bonds = Short term junk bonds are for a short period of time

Energy sector mutual fund = This sector mutual fund has long term maturity period and thereafter returns in the long term

Johnson & Johnson stock = It is considered as a dividend growth stock and investor invest for high growth on the market value of the share price

General electric bond – 2.5 years = This instrument has a long term maturity period

Dow ETF ETF is retained for capital gains in the near future period but their gestation period is high

Treasury Note – 60 months = Investment for 60 months which is not suited for short term goal of investor

 

6 0
3 years ago
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