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1 year ago

A ________ growth strategy employs the existing marketing offering to reach new market segments.

Business

1 answer:

romanna [79]1 year ago

7 0

A market development growth strategy employs the existing marketing offering to reach new market segments.

This is further explained below.

<h3>What is a market development growth strategy?</h3>

Generally, The process of selling your current goods or services to a whole new set of consumers is an essential part of market expansion, which is a growth strategy.

It all starts with doing market research, during which you will perform a segmentation study of the market you already have.

In conclusion, The current marketing offering is used in order to expand into new market sectors as part of a market development growth plan.

Read more about market development growth strategy

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Answer:

different time horizon

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The time horizon is a certain time when a planned event/process expected to be finished. A different department can have different considerations/priorities when making the ideal time horizon. In this case, the marketing team wants the product released faster(in the first quarter) to capture market share as the main consideration. But the production team who responsible for the product quality wants more time to develop the product.

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3 years ago

Which rules are part of referential integrity? Check all that apply.

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2 years ago

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An important feature of a job order cost system is that each job:_______.

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Answer:

Explanation:

it has it's own distinguishing characteristics ....Form used to record the cost chargeable to a specific job and to determine the total and unit cost of the completed job

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3 years ago

There are many different workplaces in the Architecture and

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2 years ago

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In 2008, Cameron began his career with SBC. His starting salary was $32,000. By 2012, his salary increased to $35,000. If the CP

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Based on the CPI in 2008 and 2012, Cameron's 2012 real income is <u>$34,400</u>.

<h3>What is real income?</h3>

The real income is the inflation-adjusted income. It is not the same as the nominal income.

For instance, Cameron's nominal income in 2012 is $35,000, but the inflation-adjusted (CPI) real income should be $34,400 based on his starting salary of $32,000 in 2008.

<h3>Data and Calculations:</h3>

Starting salary in 2008 = $32,000

Salary in 2012 = $35,000

Consumer Price Index (CPI) in 2008 = 100.0

Consumer Price Index (CPI) in 2012 = 107.5

CPI adjusted salary in 2012 should be (real income) = $34,400 ($32,000 x 107.5/100.0)

Thus, based on the CPI in 2008 and 2012, Cameron's 2012 real income is <u>$34,400</u>.

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