The two activities to serve with a market offering. to make this decision, marketers engage are segmenting and targeting.
Segmentation is the process of classifying the market into several accessible groups. Targeting is the process of focusing on a specific market segment in order to offer products from all market segments.
There are many ways to segment your target market. Geographic - By Country, Region, State, City, Neighborhood. Psychographic - by personality, risk aversion, values, or lifestyle.
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Answer:
From a microeconomics perspective, competition can be influenced by five basic factors: product features, the number of sellers, barriers to entry, information availability, and location. Each factor hinges on the availability or attractiveness of substitutes and, when no alternatives exist and the company is a single seller of a unique product, a monopoly exists and there is zero competition.
Explanation:
- When a company has a unique product that no other company is selling, a monopoly exists, as there is no competition.
- Most markets are somewhere in between competition and a monopoly.
- The amount of competition will also vary depending on location, the barriers to entry, and the availability of pricing information.
Alternatively, a product might be completely differentiated, meaning that it is unique. If so, there might be few alternatives and thus low levels of competition. The level of differentiation is largely a subjective matter and subject to consumer opinion.
The number of sellers also impacts competition. If there are many sellers of an undifferentiated product, competition is considered to be high. If there are few sellers, competition is low. If there is a single seller, the market is considered a monopoly.
Answer:
D) consumption of higher-calorie items increased, contrary to the law's objective.
Explanation:
In the case when the federal government begins to print calories that are next to menu items so the higher calories item consumption would be rise that contrast to the objective of the law
So according to this, the option d is correct
and the rest of the options are incorrect
the same would be relevant
Answer:
$7,400
Explanation:
The computation of the accrued Warranty Payable at December 31, 2019 is shown below:
= Opening balance in accrued warranty payable + warranty expense - defective products
= $1,100 + $19,100 - $12,800
= $7,400
We simply applied the above formula so that the Accrued Warranty Payable at December 31, 2019 could come
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