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Mila [183]
3 years ago
9

pple is known for its innovation. It conducts in-depth marketing research to determine what customers want. Its electronic devic

es are constantly upgraded so customers can purchase the newest models. The company creates buzz around its product offerings by discussing the product months before it is launched. This anticipation builds up until the product is launched, resulting in wide-scale sales that often result in stores selling out of the newest product. Refer to Scenario 1.2. From the information provided about Apple and its marketing strategies, Apple most likely embraces a _______________.
Business
1 answer:
Mekhanik [1.2K]3 years ago
6 0

Answer:

Market orientation

Explanation:

Market orientation is a kind of business philosophy in which the company focuses on finding out the needs of the consumers and developing the solutions to meet the needs of the consumer.

Here, the Apple conducts the marketing research to find out the customer needs and upgrade the devices to new models to meet the needs of the consumer.

You might be interested in
A ______ is a word, name, symbol, or device that is used in trade with goods to indicate the source of the goods and to distingu
alexira [117]

Answer:

trademark

Explanation:

The trademark refers to the logo design, name, word, symbol of the product that represents the company and used for the sale of the goods.

With the help of the trademark, the company could distinguish its products as compared with the competitors with the motive to gain a competitive advantage in the market place

Therefore this is a trademark

6 0
3 years ago
What is Kaycie’s net income?
Masja [62]

Answer:

More info needed. (See Explanation):

Explanation: Needed more info to be solveable.

8 0
3 years ago
According to business analyst Scott Anthony, identifying opportunities requires understanding of:_________
Maurinko [17]

Answer:

the 5Cs of opportunity identication:

1. Circumstance

2. Context

3. Constraints

4. Compensating behaviors

5. Criteria

Explanation:

According to Scot Anthony, to identify opportunities it's important to understand the 5Cs of opportunity identication.

1. Circumstance: Know the specific problems which your customers care about and how they get solutions to it.

2. Context: Know what the customer did in the past and work around it to present something realistic.

3. Constraints: Get to understand customers' barriers and constraint.

4. Compensating behaviors: Understand the compensations that engage your customers.

5. Criteria: In order to know a good solution, it's important to understand the criteria that matter to your customers.

8 0
3 years ago
Eppie's Used Cars wanted to test whether straight price discounting worked better than a free gift. It ran two different commerc
svet-max [94.6K]

Answer:

The answer is: D) independent ; dependent

Explanation:

In an experiment the independent variable is the variable that is changed to test how it affects the dependent variable.

In this case, the independent variable was the promotional strategy which offered two options:

  1. get a 10% discount or
  2. get a free tent

The dependent variable is the amount of customers who decide to purchase cars the promotional offer they choose.

8 0
3 years ago
Toys Unlimited has the following cost data available. Direct Materials are $99 per unit. Direct Labor is $55 per unit. Variable
r-ruslan [8.4K]

Answer:

c. $229

Explanation:

To compute the total absorption cost per unit we do the following,

Absorption of fixed costs = Fixed costs / units produced

Absorption cost = 200,000 / 4000 = $50/unit

Total cost of each individual unit = 99 + 55 + 25 + 50 = $229

This includes direct material, direct labor, manufacturing overhead and the fixed absorption cost.

With absorption costing we take all the goods produced in a period as denominator for the Fixed costs.

Hope that helps.

5 0
4 years ago
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