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kobusy [5.1K]
3 years ago
10

How can a firm increase the life of a product without involving product changes? a. reintroduction b. product extension c. new p

roduct placement d. rebranding?
Business
1 answer:
Vitek1552 [10]3 years ago
3 0

When a firm is experiencing lesser profit it can come up with different strategy to improve its present product rather than developing new product because improving present product involves lesser cost therefore more profit. The answer is B. Product Extension and C. New product placement.

Reintroduction is one way, it is launching the product using more creative sales and marketing strategy. It can target a new market segment, provide more information about the product and use more appealing advertisements. The product’s packaging can also be changed to make it look more attractive and fresh.

Product extension can be use as it is targeting a new market. It can involve exporting the products. This strategy may be costly but when successful will level up your product’s quality as it passed exporting quality. It is changing the market NOT the product.

New product Placement is a strategy where in the products are advertised by placing it in media. The products are shown for example in movies, the character uses the products that way it can give awareness to the viewers how the products can be used and also the brand and name of the products are advertised without direct reference to the product. It doesn’t involve changing the product’s feature only the product placement is changed to a new one.

<span>Rebranding can also be used. It is introducing your product with a new name, changing the product’s name not only its packaging but the total appearance. It gives the product a whole new image to target new image audience or expand its audience.</span>

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Ber [7]

Answer:

D

Explanation:

The Malthus theory states that population should be controlled because there are no enough resources to please the future needs. This is how it works: in the short-run there is a change in technology that leads to an increase in income. Because people have more income, better life standards, the birth rate increases and exceeds the death rate. In the long-run total income would have to be distributed between more people than before and the economy reaches the equilibrium again, in which the birth rate equals the death rate.

In other words, econmic success becomes a reproductive success.

3 0
3 years ago
"Forcing insureds to sue the insurer to collect on a claim by offering substantially less than the amount eventually recovered i
Anuta_ua [19.1K]

Answer:

Unfair Claims Settlement Practices Act

Explanation:

Here fundamentally, the act which will be acted on the given sentence is generally known as Unfair Claims Settlement Practices Act. Unfair claims practice is the inappropriate restraint of a request by an insurer or an endeavor to diminish the intensity of the claim. By interlacing in unfair claims practices, an insurer strives to diminish its values. Nevertheless, this is unlawful in various jurisdictions. Additionally, most maximum states possess formulated a version of this type of rule. Denominated essentially the Unfair Claims Settlement Practices Act, it defends safeguard consumers from the unfair manner by insurers in the appeals settlement method.

6 0
3 years ago
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BartSMP [9]
It's hehhdfsjgsisgdsjsb,gvsjsvgsgejdnxgndjdgdusjehgsnskhsgzjosbdjd there's the answer XD
7 0
3 years ago
While at a garage sale, jenna purchased a set of used plastic baby bottles. she noticed the symbol "7" in a triangle on the bott
grigory [225]
<span>I would tell Jenna that she first needs to research what the 7 on the bottom of the bottles means. This number is in reference to the specific type of plastic used in the bottles. She needs to make sure this plastic has not been deemed as dangerous for infants. Once cleared, she should thoroughly wash the bottles and use them.</span>
6 0
3 years ago
Japan, with a high population density and a large number of urban centers that grew up before the automobile, has a retail syste
Hitman42 [59]

Answer:

Fragmented Retail system

Explanation:

A fragmented retail system can be defined as a market in which no firm can has or can exert any influence to move the market in a particular direction.

This simply means that a fragmented retail system is one in which no product or firm has a grip or major share in the market. This leaves the market to a lot of small and medium scaled businesses competing with larger companies.

From the question, it can be seen that there a lots of small stores that serves the neighborhood. This means that the small shops cater for the needs of people within its vicinity such that there isn't any need for visiting larger stores.

Cheers

3 0
3 years ago
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