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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 is one of the value gaps that can undermine customer experiences and can damage relationships?
Butoxors [25]

Answer:

Service Quality Gaps

Explanation:

Service Quality Gaps is one of the value gaps that can undermine customer experiences and can damage relationships.

This is because, customer satisfaction can be measured based on the service quality the customer receives, and if the customer is adequately satisfied, he would continue to patronise the company, but if he is not satisfied, it could damage relationships.

8 0
3 years ago
Imagine that a project manager creates a matrix with two variables: risk impact and probability. They use the matrix to measure
AnnZ [28]

The project manger is trying to perform project risk analysis to determine the impact of potential losses on projects.

<h3>What is risk analysis?</h3>

Risk analysis is the process of identifying and analyzing potential losses arising from key business initiatives or projects, thereby helping the organization to manage the risks' impacts.

Using a probability and impact matrix as a table of values shows the probability of potential risks and their severity of impact. The probability and impact matrix serves as a technique for the project manager to perform risk analysis.

Thus, the project manager is trying to perform project risk analysis to determine the impact of potential losses on projects.

Learn more about risk analysis in project management at brainly.com/question/15296501

3 0
2 years ago
If you were opening a new business, would you select a location closer to or farther away from a business that sold a similar or
allsm [11]

Answer:

Depends on how big your business is and what you can offer.

Explanation:

If you have a business that is bigger and has more to offer than the other company i would select a closer location. If you have a smaller business and have less or an equal amount to offer mover farther away. Try comparing the two business to each other. Think of your pro's and con's.

4 0
3 years ago
Policy analysts can estimate the value of a human life through ____.
nikklg [1K]
Policy analysts can estimate the value of a human life through contingent valuation methods. It is a method use to estimate the value of a good that is placed by a person. It involves asking people to report their willingness to pay or accept in order to have or give up a certain good. It is used to evaluate the economic values of all goods.
3 0
3 years ago
To balance columns, a _____ is inserted at the end of the text on a page.
Radda [10]
Salutations!

To balance columns, a _____ is inserted at the end of the text on a page.

To balance columns, a continuous section break is inserted at the end of the text on a page.

Hope I helped!
3 0
3 years ago
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