Answer: introduce more differentiation
Explanation: Product differentiation is a method of using various tactics to make a product stand out from the rest of the similar products sold by a competitor, in an effort to make it more appealing to its customer base. This means differentiating the product so much, that it will make it more attractive for customers to buy. This can be anything from making the product's packaging more aesthetically appealing, including some form of a bonus/gift for purchasing the product (like getting a free toy in each cereal box) etc. In the end by applying product differentiation the one company will increase the customer benefits of purchasing this product from them, hereby gaining a competitive advantage over the other company.
Answer: A checklist on how to determine if it's time to get a new pair of eyeglasses
A set of predefined checks can let the customer know if there could be changes in his lens and if its time for another visit to the eye specialist. This would make the customer more happy and lean towards towards your businesses for future needs and make him a loyal customer
Answer:
see below
Explanation:
A balance sheet is prepared following the accounting principles of assets equal to liabilities plus equity. Assets are left side while equity and liabilities on the other.
Assets are valuable that a business owns. Liabilities refer to the debts or loans of the business. It is what the business owes others. Equity is the owner's contribution to the business.
In this balance sheet, Emily has confused assets and liabilities.
The column labeled as liabilities represents assets. She should change that. This column should be the topmost column. She has interchanged the labels for liabilities and assets. The difference between assets and liabilities should be equity.
Answer:
a. Product, price, distribution, and promotion variables
Explanation:
As a customer requires various attributes of the product, that is for which the customer will not compromise in, these include:
The product needed, as for the customer is hungry he shall ask for a pizza, now pizza is a product.
The price of the product, if the price is in the budget of the customer he shall buy it else he shall not buy it.
Distribution associated with it basically the method in which it will be distributed, the packaging extracts.
Promotion variables includes extra benefits like offered with the product, cash backs as for example, etc: