1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Gre4nikov [31]
3 years ago
8

Gold Peak is a brand of iced tea introduced by Coca-Cola North American and intended to taste like the tea ""Mom used to brew.""

The tea has high marketing costs as well as high production costs. Promotions for the product are aimed at informing consumers that this premium product tastes like it’s home-brewed. In which stage of the product life cycle is Gold Peak iced tea?
Business
1 answer:
Lostsunrise [7]3 years ago
7 0

Answer:

The correct answer is introductory.

Explanation:

In short, it is the stage where the conception, definition and experimental period of the product is fixed, studies say that more than 70% fail to launch to the market. It is characterized by:

  1. Low sales volume
  2. Great technical, commercial and communication investment.
  3. Great effort to fine-tune the manufacturing means.
  4. Difficulties to introduce the product in the market.
  5. Low saturation of your potential market.
  6. Few bidders.
  7. Special dedication of the sales team.

In summary, this phase is characterized by a negative profitability due to the great resources that are necessary to manufacture, launch and refine the product, compared to the sales volume achieved.

You might be interested in
A major difference between a business plan and a marketing plan is that a business plan will include ________ while a marketing
Sonja [21]
Strategies for each functional area
3 0
3 years ago
Jose opened a Premier account at City National Bank of Iowa with a minimum required deposit of
Andrew [12]

Answer:

$1,025.299

Explanation:

The formula for compound interest is

FV = PV × (1+r)^ n

Where Fv is the future value

Pv is the present value = $1000

r is interest rate = 1/2 %  or 0.5% per year

n is five years

interest is compounded quarterly,  

Interest per quarter = 0.5% /4 = 0.125%  which is 0.00125

n will be 5 years x 4 quarters = 20 periods

Fv= $1000 x (1 +0.00125)^20

Fv =$1000 x(1.00125)^20

Fv= $1000 x 1.025299

Fv = $1,025.299

4 0
3 years ago
On January​ 1, 2024, Tyson Manufacturing Company purchased a machine for $41,100,000. ​Tyson's management expects to use the mac
denis23 [38]

Answer:

Annual depreciation= $5,865,714.29

Explanation:

Giving the following information:

Purchase price= $41,100,000

Salvage value= $40,000

Useful life in hours= 28,000

<u>To calculate the depreciation expense for 2024, we need to use the following formula:</u>

Annual depreciation= [(original cost - salvage value)/useful life of production in hours]*hours operated

Annual depreciation= [(41,100,000 - 40,000) / 28,000]*4,000

Annual depreciation= $5,865,714.29

7 0
3 years ago
Why might a person assume the Mr. White could be doing well financially
defon

\huge\color{purple}{\mathbb{ANSWER:}}

Mr. White was the third and final owner of the talisman in W. W. Jacobs' short story "The Monkey's Paw." He plucked it from the fireplace when the previous owner, Sergeant Major Morris, tossed it there to burn and end the chain of misfortune that came with it. He is motivated mostly by curiosity, since he seems happy with his life and is financially secure.

Mr. White took the paw from his pocket and eyed it dubiously. "I don't know what to wish for, and that's a fact," he said slowly. "It seems to me I've got all I want."

<h2>Hope it helps!! </h2>
4 0
3 years ago
Galaxy lighting is a new company creating chandeliers specifically to be used in hotel lobbies. since its potential customers ar
baherus [9]
Niche marketing - It is also known as target marketing.  Niche marketing is the process  of finding clients who may be interested in your product. In this way, niche marketing is different from other forms of marketing in that its target group is a specific, narrower sector of the market .
3 0
3 years ago
Other questions:
  • Rachel plans to set up a beautifully furnished office for her interior decorating business. She will describe it in her business
    14·2 answers
  • Discuss the advantages of understanding accounting as it relates to your current or future position. (consider careers in manage
    6·1 answer
  • Macro Company has the following adjusted accounts and balances at June 30:
    12·1 answer
  • The authors argue that what we need is "expeditionary economics." this, they say, can shift afghanistan's production possibiliti
    14·2 answers
  • Looking at four pillars of a healthy relationship (trust, respect, support and communication), how would you as a health care le
    9·1 answer
  • Consider four different stocks, all of which have a required return of 14 percent and a most recent dividend of $3.50 per share.
    5·1 answer
  • Interest can be regarded as the Group of answer choices
    7·1 answer
  • interview any local business owner and request him/her to identity any business problem that they are experiencing
    11·1 answer
  • By the time you turn 30 years old, what insurance do you expect to have?
    12·2 answers
  • Suppose you started a new job recently. While you were completing your employee information forms online, you noticed that you m
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!