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yuradex [85]
3 years ago
10

Furniture Shine is introducing an improved version of its existing wax targeted to owners of antiques. The firm has decided to l

eave the original wax in the mix aimed towards residential owners. Furniture Shine is employing a _____ product strategy.
Business
1 answer:
ra1l [238]3 years ago
4 0

Answer:

modified product - multiple markets

Explanation:

This type of strategy consists of offering different products, which are modified versions of some exiting product, to new markets.

In this case, the improved version of the wood wax is a modified version of the old wood wax, and is going to be targeted to a new and specific market (antique owners), while the original version is still going to be targeted at the current market.

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Television channel operating profits vary from as high as 45 to 55 percent at MTV and Nickelodeon down to 12 to 18 percent at NB
Xelga [282]

Answer:

Explanation:

MTV and cable channels can have higher operating profits largely because they have lower costs and can reach very specific demographic groups quite easily. MTV and Nickleodeon are typically not paying high and uncertain prices for their shows. They air mainly reruns of proven shows or relatively low-cost reality shows. This means that they have more cost certainty.

In addition, they have very clear target audiences where the networks do not. MTV is clearly aimed at teens and young adults while Nickleodeon is a kids' channel. Advertisers are attracted to channels with such clear demographics.

As far as Porter's five forces go, the most likely reason for the higher cable profits would have to do with brand equity and the lower propensity among buyers to substitute.

These would mean that cable channels have a lower threat of new competition and a lower threat of substitute products. It is true that it is easy for a new cable channel to be created, but it is much harder for such a channel to get the name recognition and brand equity that MTV and Nickleodeon have.

4 0
3 years ago
Greta is conducting an initial performance review for new employee Natasha. Natasha displays some competence but low commitment.
Tatiana [17]

Answer:

D2

Explanation:

Since Natasha displays some competence and has low commitment to her job,he falls into D2 category.The leadership style that needs to be used is Coaching to motivate Natasha and get the things done.

8 0
3 years ago
Adding a chart to the header of a form will result in a(n)
Sonbull [250]

Answer:

Chart without a legend.

Hope this helped.

8 0
3 years ago
paul was a district manager in san francisco. when a district manager position opened up in boston, he was approached about taki
mylen [45]
*internal recruitment

Internal recruiting is the process of hiring someone from your existing workforce for a new or vacant position
6 0
1 year ago
The current FUTA tax rate is 0.8%, and the SUTA tax rate is 5.4%. Both taxes are applied to the first $6,000 of an employee's pa
ANTONII [103]

Answer: E.) $372.00.

Explanation:

FUTA and SUTA are applied on the first $6,000.

FUTA Tax = 0.8% * 6,000

= $48

SUTA Tax = 5.4% * 6,000

= $324

Total Unemployment tax = 324 + 48

= $372

6 0
2 years ago
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