Increase the promotion budget to gain greater awareness
Explanation:
- Coat's manager continues to perform well in the market competing product as strong and is looking to take over the market share leader in segment.
- The coat product manger in order to improve the buying criteria, and thus potentially increase demand the best product manager should purchased.
- Marketing and promoting is a strategy in which one can communicate the customers and target prospective customers to buy the products.
- Thus increasing the demand of the product and thereby increase the promotion budget and gain greater awareness.
Answer:
c) $110,000
Explanation:
The computation of the borrowing amount is shown below:
= Value of home × given percentage - current mortgage amount
= $200,000 × 80% - $50,000
= $160,000 - $50,000
= $110,000
For computing the accurate value, we have to deduct the current mortgage amount from the net value of home.
Since only 80% is related to the home value so we take only 80% and rest 20% would be ignored.
Answer:
The correct answer is B Market penetration
Explanation:
Market penetration strategy is one of the four growth strategies and it involves focusing on selling your existing products or services into your existing markets to gain a higher market share.
Answer:
I think Quantitative data
Explanation:
I'm sry if I'm wrong
Cost-plus pricing<span>, also known as mark-up </span>price<span>, takes place when a firm calculates its unit costs and then adds a percentage profit to determine </span>price<span>.</span>
