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sammy [17]
3 years ago
5

Ford Motor Company is introducing consumers to its new car with the help of an advertisement campaign. This introductory campaig

n most likely aims to affect the ________ stage of buyer-readiness. A. conviction B. liking C. preference D. awareness E. insistence
Business
1 answer:
Vesna [10]3 years ago
8 0

Answer:

D. awareness

Explanation:

Buyer readiness stages are the combination of stages through which consumer passes by before making final purchase of goods and services. There are six different stages of buyer readiness:

  • Awareness.
  • Knowledge.
  • Initial interest.
  • Preference.
  • Conviction.
  • Purchase.

Awareness is the stage, where the consumer has very little or no information about the product and it´s usage, in this case, Marketer or company has to launch an advertising campaign to spread awareness about the product. Similarly, in the given case Ford motor has launched an advertisement campaign to introduce their product to the consumer or to spread awareness about the product.

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While it sounds reasonable that companies should focus on making the products it knows how to make really well, one downside of
borishaifa [10]

Answer:

Customer may not want the product which the company is making well.

Explanation:

It is not necessary that market needs those products which the company is producing perfectly. It cannot enter into product differentiation and cannot meet customer demands and needs of specific or altered products. The company can achieve specialization and can be a niche player in the market but also on the other hand company’s business is limited to only few products at which it is perfect. It cannot allow customization to its products.

6 0
2 years ago
For a monopolistically competitive firm, at the profit-maximizing quantity of output,
elena-s [515]
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2 years ago
Ou buy 6 pounds of apples for $33. what is the cost of 10 pounds of apples?
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3 0
3 years ago
The Company deposits $6,900 in an account that earns interest at an annual rate of 8%, compounded quarterly. The $6,900 plus ear
astra-53 [7]

Answer:

$8750.87

Explanation:

This is compound interest problem. The formula used to solve this would be:

F=P(1+r)^t

Where

F is the future value (what we want, after 3 years)

P is the initial value (given 6900)

r is the rate of interest per period

here, 8% per year, so 8/4 = 2% per period (since compounded per quarter)

t is the time (3 years and compounding per year so times of compounding is 3*4 = 12), so t = 12

Substituting, we get our answer:

F=P(1+r)^t\\F=6900(1+0.02)^{12}\\F=6900(1.02)^{12}\\F=8750.87

<u>There will be about $8750.87 at the account at the end of 3 years!</u>

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3 years ago
In two or three sentences describe how open market
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