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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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UNTUU HULLUM

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8 0
3 years ago
Why are posting references entered in the journal when entries are posted to the ledger accounts?
wolverine [178]

Answer:

c. So we know that the entry has been posted.

Explanation:

  • The posting reference are entered in the journal entries are done so as to find them in the account ledgers and these entres are post in the this account is insert to keep and store the booking entry for the balance sheets and includes the incomes statements and accounts like the receivables and the accounts payable and accrued expenses also.
3 0
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A retail company sells products such as agricultural produce and consumer products. The company procures materials from farmers
mojhsa [17]

Answer:

Inbound logistics

Explanation:

Inbound logistics is the process of obtaining raw materials, and other goods and services, to the firm, while outbound logistics is the process of delivering the final goods and services from the firm to the customers.

In this case, the retail company is engaging in inbound logistics because it is procuring the raw materials from local farmers. Once these materials reach the firm, it can transform them into the agricultural produce and consumer produce that it sells.

5 0
3 years ago
Is 6 ft greater than 72 inches
Rudik [331]
No, 6ft=72in. There the same.
3 0
3 years ago
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Ryan filed a lawsuit against his previous employer because he was fired without warning. Which of the following events most like
Anastasy [175]

Answer:

D. Ryan was fired from the company without prior notice.

Explanation:

none of the other answers make sense.

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3 years ago
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