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s2008m [1.1K]
4 years ago
12

Providing something to a target market that is unique and valuable beyond simply offering a lower price than that of the competi

tion is called ________.
Business
1 answer:
Scrat [10]4 years ago
7 0

Answer:

Product or service differentiation competitive advantage

Explanation:

Product or service differentiation is the procedure of distinguishing the service or the product from others in order to make the product or service more attractive for a specific target market.

And Product or service differentiation is a competitive advantage which is tactic of strategic positioning for an business or firm could undertake in order to set its services or products and the brands apart from those of the others.

So, offering the target market which is unique or different by offering lower price than the others or competitors are known as product or service differentiation competitive advantage.

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Suppose businesses in general believe that the economy is likely to head into recession and so they reduce capital purchases. th
uranmaximum [27]
They would probably fire more workers to stay in business or/and raise prices.

Hope this helps!
4 0
4 years ago
A deposit of $800 is planned for the end of each year into an account paying 8 percent/year compounded annually. The deposits we
SSSSS [86.1K]

Answer:

The amount in 23 years will be A = $4697.17

Explanation:

Using the Formula

A = P(1 + r/n){nt}

Where:

A deposit of (Principle) $800

Interest Rate =8% or 0.08

Compounded annually  (t) = 1

Number of years  (n) = 25-2 = 23 years

Applying the figures into the formula:

A = 800(1 + 0.08/1){1 *23}

A = 800(1 x 0.08){23}

A = 800(1.08){23}

A = 800(5.8715)

A = $4697.17

8 0
3 years ago
If you carry over a balance in your credit card from one billing period to the next when will interest charged begin on a new pu
fiasKO [112]

Answer:

Think answer will be 'c'..

6 0
3 years ago
In the 1980s, the U.S. government budget deficit rose. At the same time the U.S. trade deficit grew larger, the real exchange ra
givi [52]

Answer:

None of the above is contrary to the predictions of the model.

Explanation:

The budget deficit is when the government spends more than the revenue it makes. Based on the information given, the trade deficit of the United States will grow.

Furthermore, the real exchange rate of the dollar will appreciate and the net capital outflow of the United States will fall as imports will be more than goods exported.

Therefore, the correct option is "None of the above is contrary to the predictions of the model".

7 0
3 years ago
Imagine that IBM has decided to diversify into the telecommunications business to provide online cloud-computing data services a
eduard

In order to diversify into the telecommunications business, it would be advisable for IBM to use a penetration strategy.

<h3>What is penetration strategy?</h3>

A method of planning to enter a new market, which would ideally be beneficial for the business organization, is known as a penetration strategy.  The products a business deals in are already existing with competitors in the market under the use of this strategy.

Hence, the significance of penetration strategy is aforementioned.

Learn more about penetration strategy here:

brainly.com/question/14938388

#SPJ1

8 0
3 years ago
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