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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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Answer:

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6 0
3 years ago
Read 2 more answers
"Bishop, Inc., is obligated to pay its creditors $6,500 during the year. (Leave no cells blank - be certain to enter "0" whereve
RSB [31]

Answer:

Explanation:

It is given that there is a liability to creditors of 6,500

Total assets = Total liability + Shareholder's equity

a) Shareholder's equity = Total assets - Total liability = 10,250 - 6,500 = 3,750

b) Shareholder's equity = Total assets - Total liability = 5,900 - 6,500 = -600

4 0
4 years ago
Marcus (20) attends State University and is a qualifying student for the purpose of the American Opportunity Tax Credit (AOTC).
hodyreva [135]

The maximum AOTC that can be claimed by Andre’s parents is $2,500.

American Opportunity Tax Credit means a tax credit on education expenses which are incurred within first four years of a student’s higher education.

  • The full tax credit is allowed when modified adjusted gross income is $160,000 or less.

  • 100% of first $2000 spent on education expenses and 25% of next $2000 of qualifying education expenses.

Maximum AOTC = $ 2000 + (0.25 × $2000)

Maximum AOTC = $2000 + $ 500

Maximum AOTC = $2500

Therefore, the maximum AOTC that can be claimed by Andre’s parents is $2,500.

Read more about adjusted gross income

<em>brainly.com/question/2370788</em>

8 0
3 years ago
Which of the following is an objective of capital budgeting?
polet [3.4K]

Answer:

C. To earn a satisfactory return on investment.

Explanation:

The objective of the capital budgeting is that the company should have to do the investment in that thing which should be profitiable. In this, the company have the options i.e. either it selects the better investment or proposal for the enterprise

So as per the given situation, when the return on the investment is earn and it becames satisfactory so this represent the capital budgeting objective

Hence, the option c is correct

5 0
3 years ago
Suppose the price elasticity of demand is relatively elastic and the price elasticity of supply is relatively inelastic in a spe
Rzqust [24]

Answer:

c. producers

Explanation:

Since it is given in the question that the price elasticity of demand is relatively elastic but the price elastic of supply is relatively inelastic but if the excise tax is imposed on the goods so the greater burden of the tax would be on the producers as the supply is inelastic so the producers could not changed much but if we compare to the consumers, the consumer could change the demand more than before due to the elastic in demand.

So, the correct option is c.  

7 0
3 years ago
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