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Rudiy27
3 years ago
14

We define differentiation as: Group of answer choices Dividing a market into different age and life-cycle groups. Tailoring prod

ucts and marketing programs to the needs and preferences of individual customers; also labeled one-to-one marketing, customized marketing, and markets-of-one marketing. Differentiating the market offering to create superior customer value. A set of buyers sharing common needs or characteristics that the company decides to serve.
Business
2 answers:
Marianna [84]3 years ago
5 0

Answer:

Differentiating the market offering to create superior customer value.

Explanation:

Products and services are generally either similar to the competition or differentiated from the competition. For example, most of the food that we buy is generally similar to each other, an apple is similar to another apple, but the restaurant business (providing already prepared food) is extremely differentiated since every restaurant offers different meals at different prices.

The two main marketing strategies are cost strategies (selling products at lowest possible cost) or differentiation strategies (selling different or innovative products).  

Gre4nikov [31]3 years ago
3 0

Answer:

Option C Differentiating the market offering to create superior customer value

Explanation:

The reason is that when the product are differentiated from the rest of the products in the market, it creates a sense of superiority among products because of its quality, uniqueness and exceptional things that the company offer with the product. Due to differentiated strategy, the company is able to sell at a higher price which earns greater profit for the company.

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B

Explanation:

being unique can be good at work but making sure you're organized doing your job is vital.

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In a payday loan, what happens at the date of loan maturity?
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Borrower must pay off loan
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Inbound marketing represents a fundamental shift in the way that organizations operate because it is ______-centric.
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Gail K. Company manufactures waterproof cell phone covers. During the current month, the purchasing manager purchased $26,700 of
Marianna [84]

Answer:

D : $88,800

Explanation:

<u>Cost of goods manufactured :</u>

Direct Material used in production                         $ 21,300

Indirect Material used in production                       $  3,700

Direct Labour                                                           $ 34,100

Direct Labour                                                           $  5,900

Manufacturing overhead                                       <u> $ 16,600 </u>

Total Manufacturing cost                                        $ 75100

Add:Beginning Work in process inventory            $7,200

Less: Ending Work in process inventory                <u>$ 0       </u>

Cost of Goods Manufactured                                 <u>$88,800</u>

6 0
3 years ago
Indicate what components of GDP (if any) each of the following transactions would affect. a. Your parents buy a new house from a
Ira Lisetskai [31]

Answer:

a. Consumption spending

b. consumption spending

c. government spending

d. investment

e. consumption and investment

f. consumption spending

g. not included in GDP

Purchase of a Toshiba laptop is consumption spending

Explanation:

Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year

GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export

Net export = exports – imports

When exports exceeds import there is a trade deficit and when import exceeds import, there is a trade surplus.  

Items not included in the calculation off GDP includes:  

1. services not rendered to oneself

2. Activities not reported to the government  

3. illegal activities

4. sale or purchase of used or old products

5. sale or purchase of intermediate products

Consumption spending includes expenditures by households on durable and non durable goods and services

the following are durable consumption by households and are included in the calculation of GDP :

Purchase of a house

Purchase of a mustang

Purchase of an air conditioner

purchase of a  computer

the purchase of the old Victorian house isn't included in the calculation of GDP because it is old. Only items produced in the current year are included in the GDP. if the old home is counted, it would be double counting

hiring an accountant is an example of purchase of services by households and it is consumption spending.

Spending by businesses are included in investment spending.

expenditure by the government or state are included in government spending

4 0
3 years ago
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