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natita [175]
4 years ago
5

Toothpaste manufacturers understand that consumers have different needs when it comes to toothpaste (i.e., teeth whitening, sens

itive teeth, breath freshening, and tartar control). Knowing that, they have divided the market based on these various needs and developed toothpaste to accommodate each group. By doing so, these toothpaste manufacturers are involved in_______________
Business
1 answer:
Nataly [62]4 years ago
3 0

Answer:

market segmentation

Explanation:

Market segmentation -

It is the marketing strategy , where the market is bifurcated into different segments , according to the needs of the consumers , is referred to as market segmentation .

The needs and taste of the consumers are considered , for a particular segment , and is incorporated into the goods and services .

Hence , from the given scenario of the question ,

The correct term is market segmentation .

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Saved<br> Help<br> Save &amp; Exit<br> Submit<br> The basic idea of a business that explains which customer needs<br> will be me
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It is TRUE that the basic idea dealing with how a business meets its customers' needs, the functions and operations that it organizes, and the finances is mostly captured in its business model.

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  • Differing components have been identified by various researches that form a business model.  There is no general agreement as to what the components should be.

  • However, the focus of a business model is on customers, infrastructure, and capturing value from business activities.  These activities consume resources, which is at the center of the relationship between customers and value creation.

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4 0
3 years ago
Why is it important for every person to keep track of their earnings and spending patterns?
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4 0
3 years ago
Perfect competition has _____ sellers.<br> no<br> one<br> many
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4 years ago
Read 2 more answers
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Answer:

The correct answer is:  rise; Shift the long-run aggregate supply curve to the left (letter "C").

Explanation:

The supply curve portraits the interaction between the price of a good or service and the quantity supplied. The higher the price, the lesser the quantity provided will be and vice versa. In the graph, the price appears in the vertical axis while the quantity in the horizontal axis. If higher the price, the curve will move to the left. If higher the quantity, the curve will move to the right.

In the example, as the wages (<em>price</em>) will be higher, the number of jobs offered (<em>quantity</em>) will decrease, causing the unemployment rate to increase.  As high as the wages are in the long term, they will drag the supply curve to the left in the graph.

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