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
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.

You might be interested in
Willing to give a lot of points
ivann1987 [24]

One of the reasons marketing is essential to the free market system is that It ensures that companies make a healthy profit.

<h3>What is free market?</h3>

A free market is a market structure where there is no interference from government but forces of demand and supply controls it.

With regards to the above, marketing ensures that products gets to the target audience to attract sales, thereby increase profits.

Learn more about free market here : brainly.com/question/13519121

#SPJ1

6 0
2 years ago
Information concerning the stock of a corporation must be outlined in the articles of incorporation.
Kay [80]

Answer:

A. True

Explanation:

The company's incorporation article is a series of official documents submitted to a government agency to legitimize the establishment of a company. The articles of incorporation must contain the relevant information, such as company name, street address, representative of the operation service and the number and type of shares, stocks to be issued. The article of incorporation is sometimes called "charter of the company", "charter of the association" or "constituent document". The charter of the association is the documentation required for a company to be registered with the government and acts as an arrangement to recognize the establishment of a company. The document summarizes the basic information required to set up a company, the institutional rules of the state in which the management of a company and the charter of the association are submitted.

8 0
3 years ago
Saul and Pepper have been friends since kindergarten. Both Saul and Pepper have good part-time jobs. Pepper deposits a portion o
ella [17]

Answer:

1.  Both IOUs pay out the same amount of money ($107)

2. Saul’s loan from Pepper is less risky

3. Yes, Pepper should lend Saul the money. Yes, John should lend Jackson the money

Explanation:

1. Let calculate the amount of money to be paid on each IOU:

At the end of one month, Saul's IOU = $ (100 + 100 * 0.07) = $<u>107</u>

<u>Saul pays back $107 to Pepper at the end of one month</u>

At the end of three months, Jackson's IOU = $ (100 + 100 * 0.07) = $<u>107</u>

<u>Jackson pays back $107 to John at the end of three months</u>

<u />

Hence, both Saul and Jackson pay the same amount on their IOUs

Whilst both IOU of Saul and Jackson pay out the same amount, they do so under different time durations. Saul’s IOU to Pepper pays out the amount of money in a shorter duration of time (one month) as compared to that of Jackson which takes three months.

2. Saul's loan from Pepper is less risky. This is because Saul and Pepper have been friends for a verl long time (since kindergarten); that's ample time to have known one another. There is little to no surprise to be displayed between them as they pretty much know all there is to know about one another. This stands in contrast with Jackson with whom John recently became friends; although he has a reputation of being reliable but there is still a greater decree of uncertainty about him since its a new friendship. For example, Jackson could default on his IOU agreement.

On the other hand, while Saul's loan from Pepper is to be payed back in one month, Jackson's loan from John is to be returned over a time span of three months. This gives Jackson more time to spread out repayment much more conveniently than Saul but then again, that's what Saul spends most of his income on.

Saul is taking the loan to advance his investment in his baseball collection which could yield more income for Saul

<u>Hence, overall, Saul's IOU seems less risky</u>

3. Yes, Pepper should lend Saul the money. Asides the fact that they have been friends for over a decade (at the least), Saul already spends his income on building his baseball card collection anyway. It's a win-win for both party; Saul gets the satisfaction of adding an extra valuable card to his collection while Pepper gets the satisfaction of getting an extra $7 from her loan to Saul which she can add to her savings.

Yes, John should John lend the money to Jackson. Jackson already has a strong work and office etiquette which is evident by his reliability. Furthermore, if all goes as agreed, John and Jackson's new friendship could be further deepened and strengthened.

8 0
3 years ago
Marketing research indicates that almost 70 percent of all women drivers who have driven a Volkswagen Cabrio prefer it to any ot
hoa [83]

Answer:

Demographic

Explanation:

A market segment is a portion of a large market in which the individuals, groups or organizations share one or more characteristics that cause them to have relatively similar products needs.

A market segment consist of a group of customers that share a similar set of needs and wants.

Are four categories of segmentation:

-Geographic

-Psychographic

-Behavioral

-Demographic. The process of dividing a market through variables such as age, gender, education level, family size, occupation, income, and more. This is one of the most used strategies amongst marketers.

7 0
3 years ago
A business-cycle expansion is different from economic growth. <br> a. True <br> b. False
denis-greek [22]
Your answer is going to be true. 
6 0
3 years ago
Other questions:
  • Which of the following was the result in Larry S. Lawrence v. Bainbridge Apartments, the case in the text in which the window wa
    14·1 answer
  • What are closing costs?
    7·2 answers
  • Suppose a u.s. firm builds a factory in china, staffs it with chinese workers, uses materials supplied by chinese companies, and
    10·1 answer
  • The following information is available for Baxter Manufacturing for April:
    12·1 answer
  • A firm is considering changing their credit terms. It is estimated that this change would result in sales increasing by $1,600,0
    10·1 answer
  • Commissions on the sale of _________ goods and commissions on financial transactions are counted in the gdp as part of “services
    9·1 answer
  • raffle is being held at a benefit concert. The prizes are awarded as follows: 1 grand prize of $6,600.00, 3 prizes of $800.00, 3
    13·1 answer
  • At what constant, continuous rate must money be deposited into an account if the account is to contain $23000 in 7 years? The ac
    15·1 answer
  • Michael’s personal property in his college dorm room is insured by an endorsement on his parents’ homeowners insurance. The dedu
    9·1 answer
  • Of the types of insurance discussed in this video which are required by law? Select all that apply. Collison O Comprehensive D U
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!