1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
natta225 [31]
4 years ago
7

New Balance, Inc., successfully repositioned its athletic shoes to focus on fit, durability, and comfort rather than going head-

on against Nike and Adidas on professional sports and fashion, respectively. This product repositioning strategy was designed to________
A. react to a competitor's position
B. reach a new target market segment
C. catch a rising trend
D. change the value offered to its customers
E. accommodate its target audience preference for comfortable sneaker
Business
1 answer:
oksano4ka [1.4K]4 years ago
4 0

Answer: Option E

Explanation: In simple words, Re positioning refers to the significant change in the brand / brand placement. To re position a product effectively, the organization must adjust the perception of the product by the target market.

In other words, it refers to changing the perception of the customers regarding the product offered. In the given case, new balance tries to establish a market base by offering new utility of product in the form of comfort and durability and not fashion or design.

You might be interested in
Identical products, as well as a large number of buyers and sellers, are characteristics of a perfectly competitive market. In s
Rus_ich [418]

Answer:

The correct answer is True.

Explanation:

A perfectly competitive market has the following characteristics:

• There are many buyers and sellers in the

market.

• The goods offered by the different sellers

They are largely identical.

• Companies can freely enter and exit the

market.

As a result of these characteristics, perfectly competitive markets, result in:

• The actions of any buyer or seller

have an insignificant impact on the price of

market.

• Each buyer and seller takes the prices of

Market as dice.

A competitive market has many buyers and sellers trading with identical products so that each buyer and seller is price-accepting.

• Buyers and sellers must accept the price

determined by the market.

6 0
3 years ago
Hunter & Sons sells a single model of meat smoker for use in the home. The smokers have the following price and cost charact
Yuri [45]

Answer:

a. 7,900

b. 10,100

Explanation:

As for the provided information,

We know at break even point taxes shall be = 0 as there are no profits and no losses.

a. At break even: = \frac{Fixed\ Cost}{Contribution}

Fixed Cost = $308,100

Contribution per unit = Selling price - Variable cost = $79 - $40 = $39

Therefore, break even units = \frac{308,100}{39} = 7,900 smokers

b. In case the company wants a profit of $51,480 after tax @ 40% then,

Earnings before taxes = \frac{51,480}{1 - 0.4} = $85,800

Therefore, number of units = \frac{Fixed\ Cost + Profit\ before\ tax}{Contribution\ per\ unit}

= \frac{308,100 + 85,800}{39} = 10,100

5 0
3 years ago
Disney starts off its stars with Disney Channel shows, records them on the Disney-owned Hollywood Record label, plays the songs
aalyn [17]

Answer: Option (D)

Explanation:

Here, in this particular case we can state that the goal of these elements introduced by Disney is to evaluate the <em>top-of-mind awareness</em>. This concept is referred to as one of the most important element of consumer behavior and  marketing research. Disney uses this concept as a measure in order to known  how is the brand ranked in the minds of their customers.

3 0
3 years ago
Hewo how are u today
umka2103 [35]
Good wbu Im fine ! :)))))
8 0
3 years ago
Read 2 more answers
The liberty of man in society is to be under no other legislative power but that established by consent in the commonwealth.
OverLord2011 [107]

Answer: The liberty of man, in society, is to be under no other legislative power, but that established, by consent, in the commonwealth; nor under the dominion of any will, or restraint of any law, but what that legislative shall enact, according to the trust put in it.

Explanation:

3 0
3 years ago
Other questions:
  • A firm with a reputation as a price predator (an actor that frequently reduces prices to gain or maintain market share) generate
    8·2 answers
  • ________ is the process of developing and maintaining a crucial fit between the organization's goals and capabilities and its ch
    6·1 answer
  • How does the Federal Reserve reduce the money supply in the economy?
    12·2 answers
  • If total utility is​ decreasing, then marginal utility is
    9·1 answer
  • Great Skin Inc. is establishing a pricing strategy for a new moisturizer. The total cost to produce each unit is $3.50. The comp
    14·1 answer
  • The CEO of Mabel Automobiles was the child of parents who had difficulty making enough money to support their family. As a resul
    8·1 answer
  • A developing country might choose to maintain a trade deficit to?
    13·1 answer
  • When a loan is secured by receivables, the firm assigns the receivables to the bank. If the firm fails to repay the loan, the ba
    8·1 answer
  • If the price of good A​ falls, then when the consumer makes his new​ utility-maximizing choice​ _______. A. the quantity of the
    15·1 answer
  • Write a paragraph about business stocks
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!