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lana66690 [7]
3 years ago
7

People of all backgrounds, occupations, and income levels wear watches but rolex focuses only on the high-income portion of the

market. rolex uses a(n) ____________ strategy.
Business
1 answer:
maks197457 [2]3 years ago
3 0

Rolex uses a <u>"single-segment"</u> strategy.


The single segment strategy includes the utilization of just a single marketing mix for one market segment.  

The single segment strategy in advertising guarantees that a producer chooses one section of the market and just supplies that segment.One or every one of the products created by an advertiser are sold to just  who meet the attributes of that single segment.

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On June 15, Oakley Inc. sells inventory on account to Sunglass Hut (SH) for $4,500, terms 4/10, n/30. On June 20, SH returns to
Georgia [21]

Answer: $3360

Explanation:

Based on the information given in the question, the amount of cash paid by SH to Oakley will be calculated as thus:

SH will be entitled to a discount of 4% since the payment was made within the discount period, therefore, the discount that is applicable will be:

= $4500 - $1000

= $3,500

Therefore, the amount of cash payment that is made by SH to Oakley will be:

= $3,500 - (4% × $3,500)

= $3500 - (0.04 × $3500)

= $3500 - $140

= $3360

Therefore, the amount of cash paid by SH to Oakley is $3360.

7 0
3 years ago
Marginal productivity theory assumes that a worker’s income is a function of the contribution of that worker to the value of the
Dmitriy789 [7]

Marginal productivity theory assumes that a worker’s income is a function of the contribution of that worker to the value of the output. in business, this is called the "value-added" approach.

There is a correct theory called marginal productivity theory. Wages are paid at a level equal to the marginal revenue product of labor, the MRP (value of the marginal product of labor). MRP is the increase in income caused by the increase in output produced by the last employed worker.

The marginal productivity theory of income distribution proposes that each individual should receive income based on their contribution to total output. The marginal productivity theory of income distribution has been criticized for the following reasons. Income from inheritance is inconsistent with the theory.

Learn more about Marginal revenue here: brainly.com/question/13617399

#SPJ4

7 0
2 years ago
Jessica simpson has decided to open a small fast food place that specializes in buffalo wings. to do so she must resign from her
In-s [12.5K]

Answer: Jessica's implicit costs are $46,000.

Implicit costs are the benefits that an individual gives up when they take a decision. Implicit costs are also known as opportunity costs.

In this case, Jessica will lose her salary of $40,000 each year. She will also lose the rent of $6000 a year from the building if she opens her fast food joint. So, total implicit costs are:

Total implicit cost = 40000+6000 = 46000

6 0
3 years ago
Choose the appropriate stage of the venture life cycle in which the following activities would occur.
Aleksandr [31]

Answer:

  • Transition from one-person leadership to team management leadership  - Growth
  • New-product development  - Innovation or decline
  • Search for capital - Start-up
  • Increased competition  - Stabilization
  • Venture assessment - New-Venture Development
  • Attempts to acquire other firms  - Innovation or decline
  • Consumer indifference to the entrepreneur's goods or services  - Stablization
  • Accumulation of resources  - New-Venture Development
  • Major changes in entrepreneurial strategy  - Growth
  • Development of an effective entrepreneurial team - Start-up

7 0
3 years ago
The erie canal connected industry and consumers in the east with what group?
umka21 [38]

The Erie canal was able to connect industries and consumers in the east with c. Midwestern farmers.

The Erie Canal:

  • Was completed in 1825
  • Connected New York City and the Great Lakes
  • Allowed for goods to be shipped to and from the New York to the Great Lakes

The Great Lakes were accessible to farmers in the midwestern region and after the Erie Canal was built, farmers were able to send their produce via the Great Lakes and through the Erie Canal to New York City where it could be purchased by industries and people or shipped internationally.

In conclusion, the Erie canal was very important to midwestern farmers as it increased their reach.

<em />

<em>Find out more at brainly.com/question/6499420. </em>

Options for this question include:

a. Southern planters

b. Canadian fur traders

c. Midwestern farmers

d. New England fishers

7 0
2 years ago
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