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3 years ago

When defining a strategy for your business, how can competitor analysis help you establish a USP

1 answer:

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USP stands for Unique Selling Proposition . It is the factor or consideration presented by a seller as the reason that one product or service is different from and better than that of the competition.When defining a strategy for your business, there are several ways how a competitor analysis can help you establish a USP :

- you can ask a few of the customers after they leave the premises what they like and dislike about the competitors' products and services.

- If your competition is beating you on pricing because they are larger, you have to find another sales feature

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The practice of changing prices for products in real time in response to supply and demand conditions is referred to as

amm1812

Answer:

Dynamic pricing

Explanation:

In simple words, Dynamic pricing, often alluded to as rising rates, vibrant pricing as well as period-based pricing, relates to the pricing technique under which companies set variable prices for goods or commodities on the basis of existing consumer demands. A main benefit of competitive pricing seems to be the opportunity to increase the income with each consumer.

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3 years ago

PSYCHO15rus [73]

Answer:

The correct answer is letter "B": personal ethics.

Explanation:

Personal ethics refers to the moral principle people consider inherent in themselves that drive their behavior. These principles extend to every aspect of their lives and are mainly noticeable in the professional field. Respect, honesty, integrity, and fairness are some examples of personal ethics.

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3 years ago

Karen and Jay need a larger home. They have two large dogs and a baby on the way. One day in the real estate section, they see t

juin [17]

Answer: BRIDGE LOAN

Explanation: As the name says the bridge loan are the type of loans that bridge the difference between the new home of the buyer and the new mortgage in case the buyers existing home hasn't been sold yet. It is a type of short term loan, the usual time period for such kinds of loan is 2 weeks to 3 years.

In this case Karen and Jay have purchased the new house but sale of their old house is still pending thus from the above explanation we can conclude that bridge loan would be appropriate for them.

6 0

4 years ago

Assume there are two people in a society. Person A is willing to pay $140 to have one unit of a public good produced and Person

Shtirlitz [24]

Answer:

$300

Explanation:

Given:

Society A

Society B

Society A will pay $140 per unit

Society B will pay $160 per unit

Commonly pay $140 for two units produced.

Computation:

Society will pay total amount for the public goods = $160 + $140

Society will pay the total amount for the public goods = $300

Therefore, $300 Is the total amount paid by society.

7 0

4 years ago

Safeco’s current assets total to $20 million versus $10 million of current liabilities, while Risco’s current assets are $10 mil

dlinn [17]

Answer:

b. The transactions would lower Safeco's financial strength as measured by its current ratio but raise Risco's current ratio

Explanation:

The formula to compute the current ratio is shown below:

Current ratio = Total Current assets ÷ total current liabilities

So,

For Safeco, the current ratio would be

= $20 million ÷ $10 million

= 2 times

And for Risco, the current ratio would be

= $10 million ÷ $20 million

= 0.5 times

After borrowing, the current ratio would be

The current assets and the current liabilities would be increased by $10 million in each side.

For Safeco, the current ratio would be

= $30 million ÷ $20 million

= 1.5 times

And for Risco, the current ratio would be

= $20 million ÷ $30 million

= 0.67 times

By comparing the current ratio, we get to know that The Safeco current ratio would be decreased whereas, the Risco current ratio is increased

Hence, option b is correct

4 0

4 years ago