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grin007 [14]
3 years ago
9

Bud’s Bucket ice cream company produces a chemically enriched ice cream and decides to penetrate the gourmet market by offering

its same ice cream at premium prices. What might happen as a result of its market penetration strategy?
Business
1 answer:
ipn [44]3 years ago
6 0

Answer:

It may turn off it's current customer base and cause them to purchase a competitors ice cream.

Explanation:

Market penetration strategy is the process of selling current products to an already existing market so as to obtain a higher market share by taking the market shares from the other competing companies.

Market penetration strategy uses low prices to generate demand for a product and increase market share. Bud's bucket ice cream decides to penetrate the gourmet market by offering its same ice cream at high prices instead of reducing the price, this might lead to a reduction in their current customer base.

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Carol and her friends are creating a new company that ships monthly subscription boxes filled with beauty products to customers.
aliina [53]

Answer:

An S corporation.

Explanation:

The S corporation was formed by Congress, for use by small business owners, offering the best characteristics of both a C corporation and a partnership.

It has become the most popular business entity type in recent years. Numerous studies indicate lower overall taxes are paid when an S corporation is utilized.

Common Characteristics of S and C Corps:

-Same liability protection

-Separate legal entities

-The owners are shareholders

-Long standing case law

-Easy transfer of ownership

-Broader range of deductible expenses

6 0
3 years ago
Other things the same, when the price level rises, interest rates select one:
laiz [17]
I think its number c, i hope it is
:P

5 0
3 years ago
Which of the following tactics might public sector unions use to increase management's cost of disagreeing with the union positi
rjkz [21]

Answer:

D. All the above are legal tactics that the union can use to pressure management to accept the union's position on an issue.

Explanation:

Each and everyone one of the options mentioned above are tactics adopted by the union in pressuring management to accept their position on most of the issues which they have or are arguing about.

5 0
4 years ago
A person is mad at their roommate so out of spite they decide to intercept a credit card offer in the mail, and fill it out in t
Rudik [331]

Answer:

The correct answer is letter "B": identity theft .

Explanation:

Identity theft refers to the act of using other people's information to obtain usually a financial advantage. Full names, social security numbers, phone numbers or any other individual information is stolen from others to be used in favor of the criminal.

8 0
3 years ago
Nour is usually the person who takes charge of the situation and gets people moving toward the group's objective. Nour probably
jonny [76]

Answer:

Power.

Explanation:

A leader can be defined as an individual who is saddled with the responsibility of controlling, managing and maintaining a group of people under him or her. Also, they provide guidance, support, supervision, administrative control, as well as acting as a role model or example to the employees working in an organization by being morally upright.

Generally, managers are typically involved in taking up leadership roles and as such are expected to be build a strong relationship between their employees or subordinates by creating a fair ground for effective communication and sharing of resources and information.

Some types of power expressed by leaders are referent power, coercive, etc.

In this scenario, Nour is usually takes charge of the situation and gets people moving toward the group's objective. Thus, Nour probably has a high need for power because he's more often than not in charge and control while getting his team members to achieve the set objective.

5 0
3 years ago
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