Answer:
C. size of the gap between product benefits and price
Explanation:
I will use a scenario to explain this. Let's say that there is 2 machines. Machine A and Machine B.
- The cost of Machine A is $10,000. You can make around 2000 units of goods with it.
- The cost of Machine B is $50,000. You can make around 5000 unites of goods with it.
From the sample above, we can say that machine B is definitely better than machine A in terms of performance. BUT, machine A held more value compared to machine B.
To produce 1 units of goods, you need to sacrifice around $5 with machine A. If you use machine B, you need to sacrifice around $10 for a single good
I believe it's <span>b. grow its manufacturing sector.
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Answer:
throughout the firm at all levels
Explanation:
In the current knowledg economy, companies require employees with specialized skills that are able to analyze information and find solutions to keep growing and to achieve this, they need to help their personnel in all the levels to learn and train to have the required knowledge and help the company. According to that, the answer is that initiatives to develop human capital should be directed throughout the firm at all levels to maintain a competitive advantage in the current knowledge economy.
Answer:
The correct answer is A) locking in customers
Explanation:
Basically, closing a customer is getting a commitment from the potential buyer. Closing sales means helping the customer make a decision.
When a seller makes the presentation of the product and its benefits to the user of the product, objections arise. These should not be viewed negatively, since in many cases objections are a sign of interest.
People in emerging countries today are becoming increasingly health conscious and are seeking healthy food choices. as a result, demand for healthy foods is rising steadily, creating an opportunity for marketers to exploit this need market. Needs range from basic survival desires satisfied by using necessities, to cultural, highbrow, and social desires satisfied with the aid of necessaries.
