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
allochka39001 [22]
3 years ago
6

A firm spends a great deal of money in advertising to inform consumers of the brand name of its mushrooms. Should consumers conc

lude that its mushrooms are likely to be of higher quality than unbranded​ mushrooms? Why or why​ not? A. No. The fact the firm has to advertise a great deal to promote its brand is an indication that the mushrooms are of a lower quality. B. Yes. Branding allows the mushrooms to be easily identified in the future. ​ Thus, if they were of inferior​ quality, the company would lose customers and go out of business over time. C. No. Branding is often used as a means of tricking consumers into thinking that a product is of superior quality when in reality it is not. D. Yes. If the mushrooms were not of high​ quality, the firm would not spend a great deal of money on advertising.
Business
1 answer:
djyliett [7]3 years ago
7 0

Answer: B. Yes. Branding allows the mushrooms to be easily identified in the future. ​ Thus, if they were of inferior​ quality, the company would lose customers and go out of business over time.

Explanation:

Branding is a way of making sure that your product is easily identifiable over other products.

When a company brands it's goods, they are trying to create Brand Awareness and this usually happens when a company plans to stay in a business for a while and indeed with the way the Firm is spending a lot of money on Advertising, one can surmise that they do indeed plan to stay in the business because they have spent a lot.

It would therefore make little to no sense on their part to spend such huge amounts of money to build their brand if their products will be of low quality. The mushrooms have to be of high quality so that people may associate their brand with High Quality.

You might be interested in
A retail store has three departments, S, T, and U, and does general advertising that benefits all departments. Advertising expen
Andrew [12]

Answer: $22,500

Explanation:

First calculate the rate of allocation based on sales to determine how much of Department T's sales should be attributed to Advertising.

The Rate of Allocation based on Sales = Advertising Expense/Total sales

= 50,000/475,000

= 0.105263

= 10.5263%

This 10.5% can then be used to find out how much of Advertising to apportion to Department T based on department sales,

= Department sales * Allocation rate

= 213,750 * 10.5263%

= $22,500

$22,500 should be allocated to Department T.

8 0
3 years ago
Which of the following is an advantage of being an entrepreneur in the consumer service industry?
andrew11 [14]

C is the answer for this question....

7 0
3 years ago
Read 2 more answers
Ship Co. produces storage crates that require 34.0 meters of material at $0.20 per meter and 0.30 direct labor hours at $19.00 p
Shtirlitz [24]

Answer:

Total standard cost = $103.7

Explanation:

<em>Standard cost is the sum of the standard material cost , standard labour cost and standard overhead</em>

Overhead  = OAR × direct labour hour

               = $16 × (0.30×$19.00)= 91.2

Standard cost = (34.0×$0.20) + (0.30×$19.00) +  91.2 = $103.7

Standard cost = $103.7

5 0
3 years ago
The merger of two firms producing personal computers is an example of a __________ merger. Group of answer choices
jasenka [17]

Answer:

Horizontal merger

Explanation:

The merger of two firms producing personal computers is an example of a horizontal merger

A horizontal merger is a merger or business collaboration that happens between firms that operate in the same industry. The products being sold are similar and in the same market

4 0
3 years ago
After assessing the market growth potential and market competitiveness in Mexico for his company's baby products, Harold wanted
Arturiano [62]

Answer:

After assessing the market growth potential and market competitiveness in Mexico for his company's baby products, Harold wanted to evaluate market access. To do this, Harold would consider ease of assessing or developing distribution channels and brand familiarity

<u>Explanation: </u>

Harold would, first of all, find out the ease in accessing the market. If he finds that it is easy to access the market or target the consumers than he will develop distribution channels. Distribution channels take lots of time and effort.

Than Harold will determine the brand familiarity which means he will make the consumers familiar with his company's baby products. Brand familiarity affects the consumer's information about the product.

5 0
3 years ago
Other questions:
  • A study finds that the noise from airplanes is harmful; hence, the government imposes a $25 tax on the sale of every airplane. T
    11·1 answer
  • The practice of comparing a company with its prior performance or with best practices from other companies is called A. benchmar
    11·1 answer
  • When Peter celebrated his 25th anniversary at the company, he felt that the gold watch he was given was just a meaningless trink
    10·1 answer
  • Hannah posts her résumé on the websites of several companies. Unfortunately, it is poorly formatted and contains several spellin
    6·1 answer
  • Compute the total manufacturing cost for a manufacturer with the following information for the month.
    9·1 answer
  • "esprit de corps”' is a term associated with
    14·1 answer
  • WILL GIVE BRAINIEST 3 SENTENCES OR MORE
    9·1 answer
  • Suppose that Charles wants to dine at a fancy restaurant, but the only available table is in the smoking section. Charles dislik
    13·1 answer
  • If an entrepreneur needs help with valuation, they should ______. turn to online sites like BizBuySell and BizQuest rely on the
    13·1 answer
  • What percentage of donald (dax) cowart's body was burned in the fire on july 23,1973?
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!