Answer: Option B
Explanation: Its an approach used by business firms for gaining a competitive advantage in the market.
Under this approach the business introduces a unique and distinctive good or service into the markets. Thus uniqueness could be obtained from many of the factors such as low pricing, better after sales service or better designing etc.
In the given case, the company is providing customer satisfaction at the maximum level.
Thus, from the above we can conclude that the correct option is B .
Answer:
Cash flow to creditors in 2018 is −$85,000
Explanation:
2017 balance sheet of Kerber’s Tennis Shop, Inc is recorded as
Interest paid............................................................................$255,000
Less:
long-term debt in 2018.........................................................$2.21 million
Less: long-term debt brought forward from 2017..........$1.87 million
Total (taken as net new borrowing)...................................$340,000
Cash flow to creditors = 2018 Interest expense less net new borrowing
= $255,000 - $340,000
= −$85,000
Products whose demand rises when another product's price increases are called: Substitute goods
Answer: Create a sales plan that aims to enhance initial sales and market penetration with low prices based on high operational costs.
Explanation:
An emerging market is the economy of acountru that's developing and therefore,.such country is becoming more engaged with the global markets due to its growth and expansion as it grows.
The advise that'll be given to Patagonia to omit from consideration in crafting a strategy to enhance future profits in these two emerging markets is to create a sales plan that aims to enhance initial sales and market penetration with low prices based on high operational costs.
