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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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Which of the following statements about lump-sum taxes is correct A. A lump-sum tax means that tax revenues vary directly with G
Deffense [45]
D

Lump-sum taxes are described as regressive taxes, meaning that the more income one has, the less they pay in proportion of their income to tax. As a result, they all pay the same, which coincides with D.
3 0
3 years ago
Duckistan Production Possibilities A B C D E Civilian Goods 20 18 14 8 0 Military Goods 0 1 2 3 4 Herbania Production Possibilit
olganol [36]

Answer:

B. Herbania is technologically superior to Duckistan in producing civilian goods.

Explanation:

Duckistan Production Possibilities

                            A    B    C    D    E

Civilian Goods    20  18   14    8    0

Military Goods     0     1    2     3    4

opportunity cost  -     ¹/₁₈  ¹/₇  ³/₈   4     civilian goods

opportunity cost  20  18   7   2.7   -     military goods

Herbania Production Possibilities

                            A    B    C    D    E

Civilian Goods    40  36  26   14   0

Military Goods     0    1     2     3    4

opportunity cost  -    ¹/₃₆  ¹/₁₃  ³/₁₄  4     civilian goods

opportunity cost  40 36   13  4.7   -     military goods

Herbania has an absolute advantage in the production of civilian goods. Since it also has a lower opportunity cost of producing civilian goods, therefore, it also has a comparative advantage at producing civilian goods. Assuming that resources are equal in both countries, then we can assume that Herbania is technologically superior in the production of civilian goods.

Dukistan has a lower opportunity cost of producing military goods, therefore, it has a comparative advantage at producing military goods.

3 0
2 years ago
Zenobia can manufacture 4 ships or 20 computers in a week. Meanwhile, in the neighboring country of Azarmidok, 10 ships or 12 co
andrew-mc [135]

Answer:

The correct answer is Zenobia, 5 computers.

Explanation:

Solution

Let us recall that:

Zenobia produces an amount of = 4 ships or 20 computers in a week

Azarmidok produces an amount  = 10 ships or 12 computers per week

Now,

The next step to take id to determine which of the country has the largest opportunity cost to manufacture  a ship and the opportunity cost of that country

Thus,

We solve first for the country of Zenobia which is given below:

Zenobia has 4 ships or 2o computers

So

We divide them both which is shown below:

20/4 = 5 computers

For Azarmidok they have 10 ships or 12 computers

which is given as,

12/10 = 1.2 Computers

Therefore the country that has the better or largest opportunity cost is the country of Zenobia

7 0
3 years ago
What process involves identifying and controlling the functional and physical design characteristics of products and their suppo
soldi70 [24.7K]

Answer:

<em>Configuration management</em>

Explanation:

The configuration management process defines the guidelines and guidelines for managing the configuration of the project in a simple way, so that integrity is maintained in the work products during the execution of the project.

The configuration management by means of the identification and control of changes allows to guarantee the correct execution of the change and to inform the affected ones of the change.

5 0
2 years ago
The basic control process of business begins with _____.
aliya0001 [1]

Answer:   Option C

Explanation:

A. Achievement of organizational goals is the result for which the controlling process is initiated.

B. Taking corrective action is the second last step in controlling process.

C. Controlling process starts with the establishment of standards from which the actual performance will be compared.

D. Comparison is the second step in controlling process.

E. Identification will be done only after the comparison and detection of deficiencies in the process.

5 0
3 years ago
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