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nikklg [1K]
3 years ago
5

Miguel owns a bicycle-based courier service named Speed2U. The brand's focus is on fast delivery within 15 minutes from anywhere

in the city or delivery is free, which is unique to his company. A customer asks one of his bicycle couriers why she should choose Speed2U over the other companies in the city. The employee responds that all of the courier services are the same. Where did Miguel fail in developing his brand?
Business
2 answers:
Oliga [24]3 years ago
8 0

Yes Miguel fail to develop his brand.

Because in this scenario, the edge that Miguel company Speed2U has, is Speed, else they will deliver the courier free of cost. But he failed to explain this to one of his customers when asked about why to choose Speed2U over other companies. Miguel couldn't properly differentiate his brand from other brands in the market. This was the time when he could have gained an edge over other companies, but he couldn't take that opportunity.

Vitek1552 [10]3 years ago
3 0

Miguel did not focus on differentiation. Differentiation in marketing refers to that thing about your company or product that makes you unique and better than everyone else. Speed2U's competitive advantage is their delivery speed. Miguel should have responded that what makes Speed2U unique is their ability to deliver in 15 minutes or less.

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You are expected to do a presentation of your business plan to a group of potential investors. Explain how you would respond to
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7 0
3 years ago
What is the rate of return when 30 shares of Stock
sattari [20]

Answer:

-0.67%

Explanation:

We are told that 30 shares of Stock are purchased for $30/share..

This gives a total value of: 30 × 30 = $900.

Now,they are sold for $900 with a commission of $6. This means the final money getting to the seller is; 900 - 6 = $894.

Thus; rate of return percentage = (894 - 900)/894) × 100% = -0.67%

6 0
3 years ago
Your client, Bo Regard, holds a complete portfolio that consists of a portfolio of risky assets (P) and T-Bills. The information
kondaur [170]

Answer:

The expected return on Bo's complete portfolio will be "10.32%".

Explanation:

The given question is incomplete. Please find attachment of the complete question.

According to the question, the given values are:

Port's expected return,

R_p=12 \ percent

T-bill's expected return,

R_t=3.6 \ percent

Port's weight,

W_p=80 \ percent \ i.e.,\ 0.80

T-bill's weight,

W_t=20 \ percent \ i.e., \ 0.20

Now,

The Bo's complete portfolio's expected return will be:

⇒  W_p\times R_p+W_t\times R_t

On substituting the given values, we get

⇒  0.80\times 12 \ percent+0.20\times 3.6 \ percent

⇒  10.32 \ percent

Note: percent = %

7 0
3 years ago
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KiRa [710]

Answer:

a. estimated total manufacturing overhead cost in the numerator.

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The formula to compute the pre-determined overhead rate is shown below;

As we know that

Pre-determined overhead rate is

= Estimated total manufacturing overhead cost ÷ estimated activity level

Here estimated activity level can be estimated direct labor hours, estimated machine hours etc

Therefore the option a is correct

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Sever21 [200]

An electric vehicle that offers a new, longer-lasting battery at the existing prices is an example of a company focusing on customer value.

In sales, commerce, and economics, a patron is the recipient of a great, provider, product or concept - received from a supplier, dealer, or supplier through a monetary transaction or trade for money or some different treasured consideration.

A customer is a person or business that purchases some other corporation's goods or services. customers are important because they pressure sales; without them, groups can not continue to exist.

An instance of a customer is someone who is going to an electronics shop and buying a tv. (informal) someone, especially one engaging in some kind of interaction with others.

Learn more about customer here:brainly.com/question/380037
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8 0
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