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xxTIMURxx [149]
4 years ago
12

Jose wants to upgrade his look before a job interview. A friend tells him about a men's clothing line that allows potential cust

omers to virtually try on suits and see what looks best. It even offers an interactive "custom fit" feature. After checking out his options, Jose takes his measurements and orders a suit without ever leaving his office. Virtually trying on a suit best describes which of the 4E framework objectives?A. EngageB. EnergizeC. ExciteD. ExperienceE. Educate
Business
1 answer:
lyudmila [28]4 years ago
3 0

Answer:

Letter D is correct. <em>Experience.</em>

Explanation:

Jose had a shopping need and was introduced to a men's clothing line that allows him to try on the pieces virtually and even has an extra, interactive custom fit feature. Through this experience Joseph was able to taste the suit he wanted and bought it without leaving the office.

This situation is a positive experience for the consumer, because José experienced a better process than usual, which would be to go to a store, try and then buy, in optimizing the processes he could not only buy what he needed, but Also try it, which is still a barrier for those who choose products online.

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The traditional _____ method of developing a marketing plan has four main elements: situation analysis, marketing objectives, ma
Mazyrski [523]

Answer:

Top down

Explanation:

Top down marketing plan is one in which the sales are directed towards a target market in such a way that it relates to the needs of the target market as well as specifying sales objectives.

Top down marketing involves situation anaysis, marketing objectives, marketing strategy ans marketing tactics.

Cheers.

3 0
3 years ago
Read 2 more answers
Three good indicators of just how well a company's present strategy is working are
pav-90 [236]
<span>Three good indicators of just how well a company's present strategy is working are: 
</span>1.Whether the company is acquiring new customers at an attractive rate as well as <span>retaining existing customers
</span><span>2.Whether the company is achieving its financial and strategic objectives and whether it is an above-average industry performer. 
</span>3.Whether the firm’s image and reputation with its customers are growing stronger orweake
5 0
3 years ago
Vaughn Manufacturing has a weighted-average unit contribution margin of $30 for its two products, Standard and Supreme. Expected
7nadin3 [17]

Answer:

expected income 105,000

Explanation:

Our goal would be to multiply the average contribution margin of the company by the total units produced.

average \: contribution \times units\: sold = contribution \: margin\\30 \times (40,000 + 60,000) = 30\times 100,000 = 300,000

<em>Important:</em> <u>the given is the weighted average</u>, so the units mix (40% STD 60% SUPREME) is taken into consideration already, no need to additional calculation. If we were told the Contribution Margin per type of unit we will be needing to calculate the average CM.

<em>Now,</em> second step will be subtract the fixed cost from the contribution to get the pretax income

Net \:Income = contribution \: margin - fixed \: cost\\300,000 - 195,000 = 105,000

3 0
3 years ago
Quad Enterprises is considering a new three-year expansion project that requires an initial fixed asset investment of $2.88 mill
Anon25 [30]

Answer:

Years            Cash Flow

Year 0           -$ 3,240,000

Year 1            $ 1,192,050

Year 2           $ 1,304,106

Year 3           $ 1,595,994

If the required return is 10 percent, what is the project's NPV?

using a financial calculator, NPV = $120,549.29

Explanation:

cash flow year 0 = $2,880,000 + $360,000 = $3,240,000

MACRS depreciation

33.33% x $2,880,000 = $960,000

44.45% x $2,880,000 = $1,280,160

14.81% x $2,880,000 = $399,840 (since salvage value is $240,000)

cash flow year 1 = [($2,140,00 - $823,000 - $960,000) x 0.65] + $960,000 = $1,192,050

cash flow year 2 = [($2,140,00 - $823,000 - $1,280,160) x 0.65] + $1,280,160 = $1,304,106

cash flow year 3 = [($2,140,00 - $823,000 - $399,840) x 0.65] + $399,840 + $240,000 + $360,000 = $1,595,994

3 0
4 years ago
Which market segmentation dimension describes consumers by the groups with which they associate?
Ilia_Sergeevich [38]

Answer:

d. psychographics​

Explanation:

Psychographic segmentation involves the classification of customers based on their personality traits, lifestyles,  interests, values, and attitudes. Consumers with similar traits tend to have comparable purchasing behavior. Marketers identify the needs of customers with shared traits and target them with products and services that they are likely to buy.

People with similar interests are likely to belong to associations or clubs. For example sportsmen and women are likely to join a sports club. Marketers will carry out promotions in the clubs and associations to targets specific groups of customers.

5 0
3 years ago
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