Answer: Nike
Explanation:
Brand Repositioning is a strategy adopted by brands to reach out to more customers by redefining what the company is about. This is geared at making the customers see how the products relate to them.
Nike is an example of a brand that has undergone repositioning due to insufficient sales and changing demographics.
During the last lap of the 1980's, the company had just suffered a major blow in their financial status which led to sales contraction and the laying off of many workers. This led to a series of discussions between heads of advertising and marketing on how to reposition the brand.
Finally, they tapped into the benefits of sports merged with the values and aim of the company of reaching out to everyone, to create the Just do it campaign which had a really positive impact on sales.
<span>Bailey has a lifestyle business. A lifestyle business is, simply put, a business that is run by someone with the main goal of simply sustaining a certain income and nothing more. It's main function is to allow the business owner to enjoy a particular lifestyle, in this case, for Bailey to spend more time with his family.</span>
Answer:
1.)a
2.)b
3.)c
4.)c
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<span>You are part of an information systems project team. Your job is to ensure that the technology and vendor suggested for use in the project are consistent with the is strategy. Your role in the project steering team is the Information Systems Manager. The information systems manger is in charge of organizing, installing, maintenance and different upgrades within a company. This position is highly important to maintain a smooth operating system that the business can function on. </span>
Answer:
$63,630
Explanation:
Inventory turnover is the ratio that how many time a business has sold or replaced the inventory during a given period. A business is considered more profitable if it has high inventory turnover.
Average inventory is the average of opening inventory and closing inventory for the year.
Inventory Turnover = Cost of Goods Sold / Average Inventory
Average Inventory = Cost of Goods Sold / Inventory Turnover
Average Inventory = $432,687 / 6.8 = $63,630