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Viktor [21]
3 years ago
7

When an organization selects a single, primary target market and focuses all its energies on providing a product to fit that mar

ket's needs it is using a(n) ________ targeting strategy.
Business
1 answer:
sammy [17]3 years ago
5 0

Answer:

Concentrated Targeting Strategy

Explanation:

Concentrated Targeting Strategy refers to a situation in which an organization focus its marketing efforts on only a specific segment of the market. That is, only one marketing mix is developed.

Concentrated Targeting Strategy allows the producer focus on the needs and wants of a particular segment of the consumers/ population. The producer directs all it's efforts to the satisfaction of a segment of the consumers.

Concentrated Targeting Strategy could be disadvantageous if the demand of the focused segment of consumers is low. Low demand will affect the financial position of an organization.

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Centre College, a private liberal arts college in Central Kentucky, charged (billed) tuition and fees of $50,000 based on the re
Anuta_ua [19.1K]

Answer: B. Debit to Tuition Discounts and Allowances, $12,000.

Explanation:

A scholarship is considered a discount so should be recorded as one. When recording a discount, it is debited to its own account which in this case will be the Tuition Discounts and Allowances account.

The full entries are,

DR Cash (50,000 - 12,000) $38,000

DR Tuition Discounts and Allowances $12,000

CR Tuition and Fees $50,000

4 0
3 years ago
Adams, Inc. has sales of $100,000 with a contribution margin of $60,000 and net income of $20,000. Baron, Inc. has sales of $110
Morgarella [4.7K]

The true statement is that Adams has a higher degree of operating leverage than Baron.

<h3>What is a operating leverage?</h3>

The  cost-accounting formula is used to measures the degree a project can increase the operating income by increasing revenue.

Here, the degree of operating leverage is for Adams, Inc is <u>3</u> and for Baron, Inc. is 2.

Hence, the true statement is that Adams has a higher degree of operating leverage than Baron.

Therefore, the Option C is correct.

Read more about operating leverage

<em>brainly.com/question/15869128</em>

7 0
1 year ago
Customers have become increasingly anxious about breaches of privacy, and it is essential for marketing researchers to _________
myrzilka [38]

Answer:

All of these.

Explanation:

Marketing can be defined as the process of developing promotional techniques and sales strategies by a firm, so as to enhance the availability of goods and services to meet the needs of the end users or consumers through advertising and market research.

Market research can be defined as a strategic technique which typically involves the process of identifying, acquiring and analyzing informations about a business. It involves the use of product test, surveys, questionnaire, focus groups, interviews, etc.

Over the years, customers have become increasingly anxious about breaches of privacy and compromise of their data by business firms. Thus, it is essential for marketing researchers to;

I. Conceal or hide consumers' addresses (both work and home) and phone numbers when they share information on any platform.

II. They should only share customer information with the sales department for follow-up.

III. Respect and protect the privacy of all of their customers without question or recourse.

IV They should always refer to the company's code of ethics so as to determine what information are permitted to be released for public consumptions.

6 0
2 years ago
A formalized report that summarizes your current financial situation, analyzes your financial needs, and recommends future finan
Bezzdna [24]

Answer:

financial plan.

Explanation:

4 0
3 years ago
Explain the effect of a tariff on consumer surplus and producer surplus.
rosijanka [135]
The increase in the domestic price of both imported goods and the domestic substitutes reduces the amount of consumer surplus in the market. Tariff effects on the importing country's producers. ... The increase in the price of their product on the domestic market increases producer surplus in the industry.
7 0
3 years ago
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