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denis-greek [22]
3 years ago
15

XARA is a newly emerging wine company. After extensive market research, XARA divides its market into wine enthusiasts, casual dr

inkers and restaurants. Each category has its own needs, traits and marketing goals. In this scenario, XARA has engaged in market _________.
Business
1 answer:
PilotLPTM [1.2K]3 years ago
4 0

Answer: segmentation

Explanation:

Market segmentation is when a business market that is made up of different customers is being divided, into smaller groups or segments based on some characteristics.

From the question, we are informed that XARA is a newly emerging wine company. After extensive market research, XARA divides its market into wine enthusiasts, casual drinkers and restaurants. Each category has its own needs, traits and marketing goals. In this scenario, XARA is using market segmentation.

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<span>Well-known fast food franchises usually set up contractual distribution systems, where individual franchise owners participate in channel cooperation through legal agreements. 

A contractual distribution system is where different people of the organization work together through legal agreements to achieve the same goal. Overall, the company wants each smaller branch to succeed but they legally bound to the franchiser. </span>
4 0
3 years ago
Suppose the price of movie tickets decreases by 4%, causing the quantity demanded of popcorn to increase by 10%. What would the
9966 [12]

The cross-price elasticity for movie tickets and popcorn is 2.5.

Cross price elasticity measures how quantity demanded of good A changes as a result of a change in the price of good B.

Cross price elasticity -= percentage change in the quantity demanded of good A / percentage change in the price of good B

Cross price elasticity = percentage change in the quantity demanded of popcorn / percentage change in the price of movie tickets

10% / 4% = 2.5

To learn more about cross price elasticity, please check: brainly.com/question/13538185

8 0
3 years ago
Ace, Inc. just bought a new delivery truck. Which of these costs should be capitalized?1. The $500 for insurance on the truck fo
Mamont248 [21]

Answer:

2. The $25,000 cost of the truck and 3. The $2,000 paid to install shelves inside the truck4.

Explanation:

The cost to be capitalized are those necessary to being the assets to a state and place where it becomes available for use.

This cost includes the $25,000 cost of the truck and $2,000 paid to install shelves inside the truck.

Other costs such as $50 a week for gas to run the truck and $500 for insurance on the truck for the next 12 months are to be expensed.

5 0
3 years ago
Which of the following statements about the insurance verification process is a FALSE statement? A) Directly affects payment del
Lorico [155]

Answer:

B

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Insurance verification cannot be performed until the patient arrives for services

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4 years ago
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Gnesinka [82]

Answer:

Date                        Account Details                                     Debit               Credit

Sept. 30, 2020       Accounts Receivable                          $5,000

                               Sales                                                                              $5,000      

                       

Date                        Account Details                                      Debit              Credit

Sept. 30, 2020       Cost of Goods Sold                             $2,000

                               Inventory                                                                       $2,000

7 0
3 years ago
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