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saw5 [17]
3 years ago
9

Cutco promotes and prices its knife products to convey its premium quality and backs them with exceptional customer service to m

ake its products stand out in a crowded market. Which of the following terms is used to describe the process of creating and designing products so customers perceive them as different from competing products?
a. Quality differentiation
b. Line extension
c. Product differentiation
d. Product modification
e. Product design
Business
2 answers:
RoseWind [281]3 years ago
6 0

Answer: c. Product differentiation

Explanation: Product differentiation attempts to distinguish a firm's products or services from that of competition. It is a marketing strategy that involves the creating and designing products so customers perceive them as different from competing products and as such can help create competitive advantage for the firm as well as building brand awareness.

Alex_Xolod [135]3 years ago
5 0

Answer:

I would say e. product design

Explanation:

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explain the difference between a change in quantity demanded and a change in demand. Provide a real world example of a factor th
Zina [86]

Answer:

A change in quantity demanded is caused by a change in price only. That is, when price rises quantity demanded falls vise versa

A change in demand occurs when there is a shift in the demand caused by a change in other determinates of demand other than price such as change in income, change in taste and fashion, demographic changes etc.

Explanation:

Real word example of change in demand :

Changing Tastes or Preferences

From 1990 to 2020, the per-person consumption of chicken by Americans rose from 48 pounds per year to 85 pounds per year, and consumption of beef fell from 77 pounds per year to 54 pounds per year, according to the U.S. Department of Agriculture (USDA). Changes like these are largely due to movements in taste, which change the quantity of a good demanded at every price: that is, they shift the demand curve for that good, rightward for chicken and leftward for beef.

Simply put it this way> Change in quantity demanded : Price change, quantity demanded change

Change in Demand: Price doesn't change but quantity demanded changes as a result of change in other determinates of demand examples the change in preference

6 0
3 years ago
What is the correct sequence of the five phases in the sdlc
Mariana [72]

Answer:

the common sequence is

Explanation:

planning, analysis, design, implementation, and maintenance

4 0
3 years ago
Read 2 more answers
Sweet Treats sells ice cream cones for​ $4.25 per customer. Variable costs are​ $1.25 per cone. Fixed costs are​ $3,300 per mont
ziro4ka [17]

Answer:

Company's contribution margin​ ratio is <u>70.59%</u>

3 0
3 years ago
Your roommate is studying to be a drummer in a rock band. She practices in your apartment every evening for three hours and the
Ludmilka [50]

Answer:

The correct answer is C. An internal cost

Explanation:

An internal cost is cost the internal struggle that is going on within oneself. Unlike external cost, it is not paid through material things, rather it is paid by internal mental strategies.

This is an example of an internal struggle because the roommate cannot be categorized into a third party, and it is your internal struggle that you cannot focus while there is noise. For some people, noise helps to concentrate.

Therefore, it would be considered as the internal cost that you pay due to your roommate.

5 0
3 years ago
A company has net credit sales of​ $1,200,000, beginning net accounts receivable of​ $290,000, and ending net accounts receivabl
7nadin3 [17]

Answer:

Days of receivable will be 75 days

Explanation:

We have given net credit sales = $1200000

Net account receivable at the beginning = $290000

And receivable at the ending = $201000

Average receivable =\frac{290000+201000}{2}=$245500

Now receivables turnover ratio =\frac{credit\ sales}{average\ receivable}=\frac{1200000}{245500}=4.888

Days of receivables = \frac{365}{4.888}=74.67=75days

8 0
3 years ago
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