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2 years ago

How do sports marketers enhance the perceived value of their commodities?

1 answer:

4 0

Sport marketers usually set strategic time for promotion and marketing of their products, this is because there are some seasons in the year when their products move faster than other. Sport marketers enhanced the perceived value of their commodities by making them highly visible during this period. For instance, there are set time in the year when football games are played, marketers usually create high level of awareness for their products prior and during these periods. They do this in several ways, for instance by sponsoring the game or by putting in place a special promo program.

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An individual in the US wants to buy office equipment from England which costs 2,000 pounds. If the exchange rate is 1pound=$1.9

guajiro [1.7K]

<u>Given:</u>

Cost of the office equipment in pounds = 2000

Value of 1 pound in dollars as per exchange rate = 1.9

<u>To find:</u>

The cost of the office equipment in dollars

<u>Solution:</u>

If 1 pound is 1.9 dollars, then 2000 pounds will be as follows,

$\Rightarrow\text{1 pound}\rightarrow\text{1.9 dollars}\\\\ \Rightarrow\text{2000 pounds}\rightarrow1.9\times2000 \text{ dollars}=3800 \text{ dollars}\\\\ \therefore \text{The value will be 3800 dollars}$

So, the correct option is Option c, that is $3800.

8 0

2 years ago

For each decision, state whether the company is following a cost leadership or a product differentiation strategy.

Oxana [17]

The strategies the companies are following in each case are;

1)Cost leadership strategy

2)Product differentiation strategy

3) Product differentiation strategy

4) Cost leadership strategy

<h3>What Is Cost Leadership Strategy? </h3>

Cost leadership is known to be a kind of a business-level methods that is often used by people or by companies who are interested to gain a competitive advantage by acting as the lowest-cost producer of a product, service, production process, or others.

Therefore, The strategies the companies are following in each case are;

1)Cost leadership strategy

2)Product differentiation strategy

3) Product differentiation strategy

4) Cost leadership strategy

Learn more about Cost leadership strategy from

brainly.com/question/14395542

#SPJ1

4 0

1 year ago

On January 1, 2004, Kay Inc. issued its 10% bonds in the face amount of $400,000, which mature on January 1, 2014. The bonds wer

DaniilM [7]

Answer:

Unamortized discount is $43,700

Explanation:

Unamortized bond discount=original bond discount-amortization to date

original bond discount is $46,000

Amortization =interest payable-interest expense

interest payable=$400,000*10%*6/12

=$20,000

Interest expense=$354,000*10%*6/12

=$17,700

amortization of discount=$20,000-$17,700

=$2300

unamorized bond discount=$46000-$2300

=$43,700

The unamorized bond discount at the end of the first six months is $43,700

3 0

2 years ago

What do successful entrepreneurs have in common?

dmitriy555 [2]

Answer:

market trends change constantly, funding fall through, business partners flake, and ideas may go wrong

4 0

3 years ago

Read 2 more answers

small businesses are hesitant to involve in global business because it:

7nadin3 [17]

<span>Small businesses are hesitant to involve in global business because it involves various trade laws or tariffs. Taking that kind of plunge in the business world for a business of small scale is risky situation or at least the small business owners feel. Sometimes this would be the turning point for these businesses to break out huge.</span>

4 0

3 years ago