Answer:
A) international
Explanation:
Luxury Dwellings knows that their clients are wealthy individuals from their home country Veritas and specially from foreign countries. That is why they are not worried about local economic conditions and about varying costs. Since their brand if highly recognized overseas, they are more worried about satisfying their international clients.
This is very common in vacation destinations, including some in the US, like Miami. Many luxury real estate companies located in Miami carry out marketing campaigns in European, Asian and Latin countries more than in domestic markets.
Answer:
The type of consumer behavior this scenario describes is psychological consumer behavior.
Competition forces firms to produce and sell products as long as the marginal cost to consumers exceeds the marginal cost of production.
Answer:
The correct answer is E
Explanation:
Competitive advantage is the advantage which the firm or business attains when they create more value than the other firms by the strategic position of the lower costs or the greater benefits.
It focus on increasing or rising the wedge among what the customers are willing to pay and the cost or expense that the firm incurs.
So, the firm could develop the advantage through producing superior products at the lower cost, raise the willingness to pay the great deal with slight for increasing the costs and also develop the large cost savings.
