1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
vazorg [7]
3 years ago
6

Lebron james, stephen curry, and other athletes are paid huge sums of money by companies for celebrity endorsements. if endorsem

ents by these athletes create a clear understanding among consumers of the companies' products in comparison to competing products, they can help with the firm's __________ strategy.
Business
1 answer:
Alja [10]3 years ago
4 0

I believe the answer is: positioning strategy.

Positioning strategy refers to the strategy to cemented company's image and perception in the mind of the consumers. When a company use endorsement from famous figure for its product, it would create the perception that the quality of the product must be good since many of the people that being idolized use the product.

You might be interested in
Economic profits are:a.less than accounting profits if implicit costs are greater than zero.b.less than accounting profits even
Lady bird [3.3K]

Answer:

option (a) is correct.

Explanation:

Economic profits refers to the profits which comes out after deducting the implicit costs and explicit costs from the total revenue.

Whereas the accounting profits takes into the effect of explicit costs only.

Implicit cost refers to the loss of money income by choosing some other alternative. It is also known as the opportunity cost.

Explicit costs refers to the costs that are incurred for operating or running a business.  

Accounting profit = Total revenue - Explicit costs

Economic profit = Total revenue - Explicit costs - Implicit costs

Therefore, if the implicit costs are greater than zero then the economic profits is less than the accounting profits.

5 0
3 years ago
When looking at a firm's behavior, you know it is engaging in price discrimination when it:__________
Andreas93 [3]

Answer:

a. charges a different price to different customers that is not reflective of the firm's costs.

Explanation:

The price discrimination strategy occurs when an organization charges a different price to different customers that does not reflect the company's costs, that is, the company divides its potential customers into groups, usually based on customer perceptions and characteristics and demographic data to evaluate which group of customers is willing to pay more or less for a particular product or service.

This is a strategy that can be favorable for companies to charge a maximum price for their product knowing that it will be accepted, but it is effective in large companies that have a high position in the market.

3 0
2 years ago
Hellp! WILL GIVE 30 POINTS!!
o-na [289]
house remodeling- this job takes an artistic person to be able to envision how to make a home look better and what all it would take to insert their vision in the home they are remodeling
3 0
3 years ago
Read 2 more answers
Cleaning products applied particularly to instruments and equipment to reduce or eliminate infectious organisms are called _____
arlik [135]
Products known as disinfectant
4 0
3 years ago
Customers can purchase HP computers from retail stores like Best Buy and Office Depot, online directly from HP, and through vari
masya89 [10]

Answer:

Multiple

Explanation:

For instance,Customers can purchase HP computers from retail stores like Best Buy and Office Depot, online directly from HP, and through various catalogs. In this case, HP is using a(n) multiple distribution arrangement.

Distribution channel can be regarded as chain of businesses or intermediaries whereby good or service is been passed until it reaches the final buyer. Distribution channels could be wholesalersor retailers or distributors. Multi-channel distribution can be regarded as a channel whereby

business uses one or more than one type of distribution channel. For instance, a street retailer could

also distribute directly to customer with the use of e-commerce, even with the use of catalogues which could be sent via direct mail.

5 0
3 years ago
Other questions:
  • Sam Weller is thinking of investing $70,000 to start a bookstore. Sam plans to withdraw $15,000 from the business at the end of
    13·1 answer
  • How do you know which unit of a conversion factor must be in the denominator?
    13·1 answer
  • Juan says that good spelling, punctuation, and grammar skills are considered core responsibilities for the administrative assist
    7·2 answers
  • Why do so many people borrow money for large purchases instead of using sinking fund?
    15·1 answer
  • In many cases, the causes of scope creep reflect a misfit between ____.Multiple Choicetraditional project management methods bei
    7·1 answer
  • Hylands is admitted to the partnership of Reddick & Nole. Prior to her admission, the partnership books show Reddick's capit
    11·1 answer
  • ABC common stock just paid a dividend of $2.50 per share. The ABC dividend is expected to grow 20% per year for two years, and t
    12·1 answer
  • Production Budget and Direct Materials Purchases Budget
    8·1 answer
  • If the united states government raises the income taxes on the wealthiest americans, while increasing welfare payments to the po
    10·1 answer
  • Suppose that the bakers of bread face an increase in the price of flour (an input). in the market for bread, this will cause the
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!