1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kolezko [41]
4 years ago
12

The Platinum Platform, in Dubuque, Iowa, sells high-quality, unique bedding that is a real value to upscale homes in the area. N

o other company in its local area markets bedding of such quality and value. By offering this type of product, The Platinum Platform is utilizing a _____ strategy.
Business
2 answers:
CaHeK987 [17]4 years ago
6 0

Answer:

focused-differentiation

Explanation:

According to my research on different business strategies, I can say that based on the information provided within the question The Platinum Platform is utilizing a focused-differentiation strategy. This is a strategy that focuses on offering specific products that make the customer believe that the product is vastly superior to it's competitors even though prices are higher. This allows them to gain a competitive advantage in the market. Which is what Platinum Platform is doing by offering it's unique high quality bedding.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

dangina [55]4 years ago
3 0

Answer:

Focused differentiation.

Explanation:

Focused differentiation is a business strategy utilized in order to gain a competitive advantages over other manufacturers of the same product. Products are designed in a unique way with an improved features and values so as to attain a superior form and status compared to what others might be producing. Even though the cost might the higher , but the producer relies on the added value to ride on other similar products and dominate the market.

You might be interested in
Cashews, Inc. issued $100,000, 6% bonds at face value on January 1. The bonds pay interest semiannually on June 30 and December
Travka [436]
The answer is $6,000 and operating
5 0
2 years ago
An ad for Covenant Transport,a national trucking company,is on a page that is wider than the normal pages found in "Trucker's Co
Akimi4 [234]

Answer:

The correct answer is D) gatefold.

Explanation:

In gatefold advertising it refers to that information that is displayed on more than one sheet and that needs to be fully opened in order to see the message. Generally this type of advertising is shown in physical media such as magazines and newspapers, being the first most common. This strategy allows captivating the attention of the reader to make him think exclusively about what is being promoted, since there is no different distractor.

5 0
3 years ago
Newman Finley wishes to become a millionaire. His money market fund has a balance of $296,375 and has a guaranteed interest rate
Rus_ich [418]

Answer:

Investment period = 24 years

Explanation:

The total amount that an investment made today would become  if invested at a particular rate for certain number of years is known as the future value.

The $1,200,000 is the desired future value, the $296, 375 is the present value and the 6% is the interest rate.

FV = PV × (1+r)^n

1,200,000 = 296,375 × (1.06)^(n)

(1.06)^(n) = 1200000/96,375

(1.06)^(n) =4.048924504

find the log of both sides

n log 1.06= log 4.048924504

n= log 4.048924504/log 1.06

n = 24

It will take 24 years

3 0
3 years ago
Waterway industries, has 4700 shares of 5%, $50 par value, cumulative preferred stock and 100000 shares of $1 par value common s
e-lub [12.9K]

Since the preferred stocks are cumulative in nature, the dividend amount not paid in the current year will be accumulated and paid in the next year.

Preferred dividend to be paid in 2017 = Value of preferred stock x Dividend rate

= (4700 x $50) x 5%

= 11750

Dividend to be paid in 2018 = same as 2017 as no new preferred stock issued

= 11750

Total dividend to be paid in 2018 = Dividend to be paid in 2018 + Dividend to be paid in 2017 – Dividend paid in 2017

= 11750 +11750 -7900

= $15600

5 0
4 years ago
Place the steps to creating a budget in order:
bagirrra123 [75]

Answer:

1. Figure out your net income

2. Determine if you have enough income to cover all your expenses

3. make list of variable expense

4. make list of fixed expenses

5. adjust expense

done !

4 0
3 years ago
Other questions:
  • Joanna is in her early forties. Although she is fully occupied at office, she feels that something is lacking in her life whenev
    13·2 answers
  • Examine the supply and demand schedules for cell phones. How much would
    8·1 answer
  • Classify each type of income as earned or unearned: gifts
    14·1 answer
  • Join my kahoot!!!<br><br><br> game pin 03884898
    11·1 answer
  • The concept of materiality:
    7·1 answer
  • Charlotte's Crochet Shoppe has 10,700 shares of common stock outstanding at a price per share of $63 and a rate of return of 11.
    15·1 answer
  • Gelb Company currently manufactures 52,500 units per year of a key component for its manufacturing process. Variable costs are $
    7·1 answer
  • 1. Ebrima Kanteh works as a supervisor for an engineering company in Riyadh, Saudi Arabia. In the UK he had a reputation for spe
    15·1 answer
  • Give the meaning of office machine​
    15·2 answers
  • the fijian dollar is currently trading for AUD 2.55. if the interest rate in australia is 5.5% and the interest rate in New Zeal
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!