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GuDViN [60]
4 years ago
13

Rachael is the owner of a watchmaking company. She has changed the company’s marketing mix and decided that she will target weal

thy, craftsman-quality-seeking older individuals. Rachael retooled her factory, purchased premium materials to construct high-quality watches, and decided to distribute them only through exclusive jewelry stores with watch prices starting at $5000. What promotion strategy would support the rest of her marketing mix decisions?
Business
1 answer:
Phantasy [73]4 years ago
4 0

Answer:

The correct answer would be, Partner with an older, well connected socialite couple to endorse the brand.

Explanation:

As Rachael is the owner of the watchmaking company and has the authority to change the marketing strategies and mixes for the brand. She decides to totally change the target market for her brand. She now focuses on old wealthy, craftsman who seek quality. So now she needs to promote her new marketing mix, to target her new market. So for this, the best strategy which she can use in support of her marketing mix would be to make an older well connected socialite couple, her partner, to promote and endorse her brand. This will help her promote her new exclusive collection and can target the old wealthy quality seekers easily.

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A product-focused process is commonly used to produce "A. high-volume, high-variety products" "B.low-volume, high-variety produc
ki77a [65]

Answer: Option C  

                                                                       

Explanation: In simple words, product focused process refers to the processes that focuses on producing the batch of similar products. These processes are usually used to manufacture products like paper rolls and light bulbs.

Under this process large units are produced of a similar product. Such processes require high fixed cost and low variable cost.

From the above we can conclude that the correct option is C.

8 0
3 years ago
Q 1.22: coleman camping supplies decided to use cash to purchase a new tent sewing machine. it will effectively double their abi
Marta_Voda [28]
 <span>It will increase their finished goods inventory and hopefully increase revenue.
When coleman managed to double its production process, a number of sales that he'll manage to do will be more likely to increase.
Which means that the amount of profit that he'll have will be most likely to increase.</span>
3 0
3 years ago
Goldberg Corporation has three production departments A, B, and C. Goldberg Corporation also has two service departments, Admini
Svetllana [295]

Answer:

$ 58,333 Personnel costs is allocated to B

Explanation:

According to the given data the Employees to be considered for allocation = A+B+C = 15+5+10 = 30 employees

The Personnel Dept direct cost = $ 350,000

No. of employees for B = 5

Therefore, in order to calculate what amount of Personnel costs is allocated to B, we have to use the following formula:

Allocated cost =Personnel Dept direct cost x No. of employees for B/Total employees =

Allocated cost = $ 350,000 x 5/30 = $ 58,333

$ 58,333 Personnel costs is allocated to B

8 0
3 years ago
Moates Corporation has provided the following data concerning an investment project that it is considering: Initial investment $
garik1379 [7]

Answer:

Ans. the net present value is exactly $50,602, so it is closer to b) $50,504

Explanation:

Hi, to find the net present value of this problem, we have to use the following formula.

NPV=-Investment+\frac{AnnualCashFlow((1+rate)^{n}-1) }{rate(1+rate)^{n} }

Therefore

NPV=-390000+\frac{136000((1+0.09)^{4}-1) }{0.09(1+0.09)^{4} } =50601.9=50602

So the answer is b) $50,504

Best of luck

7 0
3 years ago
How do i become self employed?
Georgia [21]

Answer:

you can start a small business and work your way up or if you are previously wealthy you can buy a business and continue running it

Explanation:

because neither of these jobs require being hired then they are considered a self employing buisness

6 0
2 years ago
Read 2 more answers
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