Answer:
3200
Explanation:
The HHI is calculated by squaring the market share of each firm in the industry.
Market share = sales of a firm / total sales of firms in the industry
total sales of firms in the industry = 5 + 2 + 1 + 1 + 1 = 10
Market share of firm A = (5/10) x 100 = 50%
Market share of firm B = (2/10) x 100 = 20%
Market share of firm C, D, E = (1/10) x 100 = 10%
50² + 20² + 10² + 10² + 10² = 3200
That statement Is true
In marketing, product descriptor refers to a structured format that displayed some information about a specific product.
In this case, ford tried to create a unique product descriptor such as "sports wagon" to tell its consumers that their product has the characteristic of a sport and a wagon
Answer:
The correct answer is letter "A": to appeal to both high and low involvement consumers.
Explanation:
Strong arguments are those that provide probable support for an idea. Weak arguments fail to provide support for different matters. Then, when talking about marketing, strong arguments are more likely to engage consumers with a product while weak arguments can attract consumers at low levels but the ideas lack reliability.
Thus,<em> infomercials can make use of both strong and weak arguments at different levels of consumer involvement.</em>
Given that the logo of the brand is what makes people to buy when they see it, it is an example of a retrieval cue.
<h3>What is a retrieval cue?</h3>
This is the cognitive and the phsyical environment of a person that helps them to recall certain things.
The cue here helps people to but the brand of this drink because they have become so familiar with it.
Read more on business here: brainly.com/question/24553900
#SPJ1
Answer: Economy of the country.
Explanation:
The environmental characteristics affecting businesses in Rhenasia is the negative economy of the country. The country of Rhenasia is facing a recession in their economy, this has directly led to a drop in sale of businesses across the country.
