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Alex
4 years ago
7

Uber has made several decisions creating new product lines aimed at growing revenue, such as establishing UberEats, Uber Fresh,

and UberTASTE for food delivery; UberRUSH for package delivery; and UberCARGO and UberVAN for moving goods. This strategy is known as
Business
1 answer:
mr Goodwill [35]4 years ago
6 0

Answer:

The strategy described above is known as Umbrella (or Family) Brand Strategy

Explanation:

Family branding is a marketing concept where a company with strong equity uses a single brand name to sell two or more products under the same category.

In the question we see two broad categories:

  1. Foods;
  2. Cargo

And there, you have under each broad group, sub-categories using the brand Uber.

Real-life examples of successful umbrella brands are:

  1. Apple (iPhone, iMac, iPod etc)
  2. Adidas
  3. Pokémon etc.

The advantage of Umbrella Branding as a business strategy is that the cost required to launch a product under a different brand is significantly avoided if the new product is affixed with the existing brand.

If however, the company fails to get it right, by enveloping a different line of product in the existing brand, it may water down the brand and also confuse customers.

Cheers!

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After preparing and posting the closing entries for revenues and expenses, the income summary account has a debit balance of $25
frosja888 [35]

If after preparing and posting the closing entries for revenues and expenses, the income summary account has a debit balance of $25,000. the entry to close the income summary account will be:  a debit of $25,000 to owner capital.

<h3>Income summary</h3>

The debit balance  of the amount of $25,000 in the income summary indicate that the company expenses is higher than the revenues generated by the company by $25,000.

Based on this the loss incurred will be taken out of the company  owner's equity  account by reducing it through a debit entry.

Therefore  the income summary account has a debit balance of $25,000. the entry to close the income summary account will be:  a debit of $25,000 to owner capital.

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2 years ago
An MBA redesign committee plans to spend a decade traveling the world to benchmark graduate programs at other universities. Rega
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Answer:

(D) Cost

Explanation:

Due to change in economy overtime it is not easy to predict the cost of a long term project. Also different states and or countries have different inflation rates, therefore it is not easy for the committee that will spend a decade travelling the world to balance performance in the are of cost. Long term budget needs to be flexible to cover increase and decrease in the economy.  

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3 years ago
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Do you play fortnite mobile if so whats your usernamename
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only garena free fire

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the preferred stock of BGE, inc. is sold at $37 and pays a divident of $5. And the net price of the secuirty after issurancee co
Anarel [89]

Answer:

15.18%

Explanation:

Cost of preferred stock = Annual dividend/Net Proceeds

Cost of preferred stock = $5 / $32.93

Cost of preferred stock = 0.1518372305

Cost of preferred stock = 15.18%

So, the cost of preferred stock for BGE is 15.18%.

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3 years ago
A paycheck is issued for $329. 40. The paystub reflects an amount earned of $400. 00, Medicare tax of $5. 80, Social Security ta
cestrela7 [59]

Net income is the amount that will be earned after all the taxes have been subtracted from the paystub amount.

<h3>The net income for the paycheck</h3>

Given Information:

  • Paycheck=$329.40
  • Paystub=$400.00
  • Medical tax=$5.80
  • Social security tax=$24.80
  • Federal tax=$40.0

The Net income is therefore:-

Net Income=Paystub-Medical tax-Social security tax

Net Income= 400 - 5.80 - 24.80 - 40

Net Income= $329.40

In conclusion, the net income is $329.40.

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