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ira [324]
2 years ago
15

Alan is analyzing potential market segments. He should carefully seek potential customers who have both an interest in his produ

cts and:__________
Social Studies
1 answer:
algol132 years ago
4 0

If Alan selects customers with an interest in the kinds of products he offers and the ability to purchase, he can communicate the value his offerings provide and offer competitive comparisons as part of his marketing mix.

One of the most commonly acknowledged marketing principles is market segmentation. Its core tenet is that businesses must 1.identify demand groups, 2.target certain segments, and 3.create tailored marketing "mixes" for each targeted market segment in order to gain a competitive edge and, consequently, superior financial performance. To comprehend the competitive environment in which a segmentation strategy would succeed, you must first understand how competition works. In other words, competition theory must be the foundation of segmentation.

The conditions, according to the argument, are that a grounding theory must (1) account for demand heterogeneity, (2) explain why businesses would decide to develop and promote a range of products, and (3) explain how a market segmentation approach might improve financial results. Experts contend that resource-advantage theory, a process theory of competition, satisfies these requirements and, as a result, offers a theoretical basis for market segmentation strategy. Furthermore, they contend that the adoption of market segmentation advances public welfare by encouraging innovations that boost productivity at the business, industry, and society levels.

To learn more about marketing mix here,

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Sources of goals in social studies ​
tankabanditka [31]

Answer:

What are goals in social studies?

Explanation:

The National Council for Social Studies (NCSS) cited in Parker (2001) states that the primary purpose of Social Studies is to help young people develop the ability to make informed and reasoned decisions for the public good as citizens of a culturally diverse, democratic society in an interdependent world.

7 0
2 years ago
According to federal experts, poor choice of _____ is a primary cause of business failures in the united states.
ankoles [38]

Answer:

The correct answer would be Management.

Explanation:

According to federal experts, poor choice of Management is a primary cause of business failures in the United States.

In every organization, management is the crucial part of the hierarchy, because all decisions are taken or get passed through the management. If the management is poor, and makes mistakes in everything or about every decision they take, the company is surly going to fail. Managing resources in an organization is very important for the future. Resources can be Human, Financial, Technological, etc and the management of all such resources ensures the success of the company. So the management of a company plays a vital role in the success or failure of the company.

6 0
3 years ago
To use excel to generate a normally distributed random variable, you must know the mean and standard deviation of the distributi
weeeeeb [17]

It is true that to use excel to generate a normally distributed random variable, you must know the mean and standard deviation of the distribution and have a random number between 0 and 1.

<h3>What is distributed random variable?</h3>

The probability distribution for a random variable is one that focus on the probabilities which  are been distributed over the values of the random variable.

It should be noted that when using excel to generate a normally distributed random variable, you must know the mean and standard deviation of the distribution and have a random number between 0 and 1.

Learn more on excel at:

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3 0
1 year ago
This overused southern soil and "______________________" conditions in the west forced many farmers to leave for factory jobs in
kow [346]

Answer:

...........

Explanation:

6 0
3 years ago
In what ways are the members of congress not reflective of the general population?
Studentka2010 [4]
1. most if not all went to top league institutions
2. most if not all came from affluent homes
3. most if not all serve vested interests that isn't in the public good
4. most if not all are men
5. most if not all are the same age group

and more
8 0
3 years ago
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