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mart [117]
3 years ago
7

Chandler Kumar owns two antique stores. One is in an upscale neighborhood, and its merchandise is artfully arranged and priced t

o indicate product rarity. The other is in a run-down strip mall and contains some of the same types of merchandise, but the items are left in open boxes and placed haphazardly on shelves. Customers of either store have entirely different perceptions of the stores and would be surprised to know Kumar operates each of them because he uses such differing _____ strategies.
Business
1 answer:
Sladkaya [172]3 years ago
8 0

Answer:

Positioning strategies

Explanation:

In business , positioning strategies refers to the efforts that a company can do  to influence some sort of perception toward their brands.

In the example above, Markup artfully arranged  his products and priced to indicate product rarity in upscale neighborhood.

He did this because for customers with high economic power, presentation of a certain product will create the perception that owning that product indicates high social status. This probably held more value compared to the actual use function of the product itself.

On the other hand, he left his products in open boxes and placed haphazardly on shelves when targeting customers with lower income. He did this because among customers with lower income, presentation tend to matter less compared to the actual function of thier brand.

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Using the standard 28/36 guidelines, if the maximum monthly mortgage payment allowed for someone applying for a home loan is $1,
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Answer:

Answer to this question is b.46500

Explanation:

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Applying the above rule, the monthly income of a household shall be calculated as follows:

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3 years ago
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goldenfox [79]

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In the commanding leadership style, the leader is someone very focused and does whatever it takes to get the desired results. They are often intimidating and expect their employees to always do what they ask.

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Likurg_2 [28]

Answer:

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Explanation:

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If he invests his money in higher-risk fields like shares, he may get a higher profit.

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