<h3>Explaination</h3>
Marketers sometimes forced to reposition their services or products to ensure profitability the company has no other option but to reposition its services or products that would cater to a new target segment of their existing market and ensure sales or profitability.
<h3>Reason</h3><h3 />
There could be many reasons for marketers repositioning their products.
- The products are evolving and getting more features into it. They needs to marketed differently in order to make the customers aware of the new features, add-ons. In this case, it is better to reposition the products.
Answer:
e. Short-term debt securities such as Treasury bills and commercial paper.
Explanation:
- A money market is an organized exchange market and were the participant can lend and borrow short terms high quantity debt security with an average maturity with less than and year. And thus enables the government and other institutions of the short terms securities.
Answer:
Some of the overarching goals that market research can help organizations accomplish, include: making important business decisions, securing investments and funding, determining new business opportunities, and even avoiding business failures.
Market research is the process of determining the viability of a new service or product through research conducted directly with potential customers. Market research allows a company to discover the target market and get opinions and other feedback from consumers about their interest in the product or service.
Answer: 65.71%
Explanation: Share of wallet is a percentage of expenditure a consumer makes on a kind of purchase that goes to a specific company. Unlike the literal wallet, which is the $2,200 the customer earns per month, this focuses on a product category, and how much of that goes to a particular company.
In this case the product category is groceries which a customer spends $350 on per month. The portion that goes to a particular company, which is the share of wallet for that specific product category, is $230 which goes to Ubuyrite. Ubuyrite's share can be calculated as follows:
Portion of the product category going to Ubuyrite = $230
Total portion spent on the product category = $350
∴
× 100
= 65,71%
