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slava [35]
2 years ago
10

Apple's products are well known and valued because the demand, customer loyalty, and company's price premium rank high in the co

nsumer tech industry. This is an example of _______.
Business
1 answer:
Sindrei [870]2 years ago
6 0

Apple's products are well known and valued because of the demand, and customer loyalty, and the company's price premium rank high in the consumer tech industry. This is an example of Brand Equity.

<h3>What is Brand Equity?</h3>
  • A brand's intrinsic value, or the social value of a well-known brand name, is referred to as brand equity in marketing.
  • Due to public perceptions that well-known companies' products are superior to those of lesser-known brands, the owner of a well-known brand name might profit more on brand recognition alone.
  • Information economics and cognitive psychology have both been used to study brand equity in the research literature.
  • Cognitive psychology holds that brand equity is dependent on consumer knowledge of the attributes and associations associated with the brand.
  • A strong brand name serves as a reliable indicator of product quality for consumers who are only partially aware, and it also produces price premiums as a sort of return on branding investments, according to information economics.

To learn more about Brand Equity refer to:

brainly.com/question/15105000

#SPJ4

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Identify a true statement about International Organization for Standardization (ISO) 9000:2000.
NNADVOKAT [17]

Answer: The correct answer is "D. Its standards apply to all types of businesses, including electronics and chemicals.".

Explanation: The ISO 9000 standards are a set of Quality Control and quality management, established by the International Organization for Standardization (ISO). They can be applied in any type of organization or activity oriented to the production of goods or services. The standards include both the minimum content and the specific implementation guides and tools as well as the audit methods.

7 0
4 years ago
Apple, known for creativity and innovation, keeps its new innovations consistent with previous product lines to maintain long-te
Mamont248 [21]

Answer: Relational

Explanation: Relational orientation is a term in marketing where a marketer or producer identify the need of its customers or consumers and make available products that will meet their need and help to build a good relationship with the consumers or customer. This term is used by most multinationals like Apple etc to build brand loyalty and maintain a good market share.

3 0
3 years ago
On October 1, 2015, Zircon Jewelry Company accepted a 4-month, 10% note for $2,400 in settlement of an overdue account receivabl
Whitepunk [10]

Answer:

Explanation:

The journal entry is shown below:

Cash A/c Dr $2,480

         To Interest receivable $60

         To Interest revenue $20

         To Note receivable $2,400

(Being the collection of funds is recorded)

The computation of interest receivable is shown below:

= Principal × rate of interest × number of months ÷ (total number of months in a year)  

= $2,400 × 10% × (3 months ÷ 12 months)

= $60

And for interest revenue would be

= Principal × rate of interest × number of months ÷ (total number of months in a year)  

= $2,400 × 10% × (1 months ÷ 12 months)

= $20

7 0
3 years ago
Northrup-Grumman Corporation is expected to pay $1.25 per share for its next dividend. If shares are trading at $27.22 and analy
hammer [34]

Answer:

the  return on common shares is 6.99%

Explanation:

The computation of the return on common shares is shown below:

= Dividend ÷ Stock price + growth rate

= $1.25 ÷ $27.22 + 2.4%

= 6.99%

hence, the  return on common shares is 6.99%

We simply applied the above formula so that the correct value could come

And, the same is to be considered

3 0
3 years ago
Most new jobs in the United States will be in the____.
iVinArrow [24]
C! service producing industries.
3 0
3 years ago
Read 2 more answers
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