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Alik [6]
3 years ago
12

A former advertising campaign for GEICO Insurance used the slogan "So easy, even a caveman could do it" to emphasize the ease of

buying insurance on GEICO's website. This campaign was part of GEICO's Group of answer choices mission statement. market segmentation plan. product strategy. customer excellence strategy. positioning strategy.
Business
1 answer:
alex41 [277]3 years ago
8 0

Answer:

positioning strategy.

Explanation:

Developing a marketing strategy aimed at influencing how product is perceived in comparison to competiton. It includes four steps which are:

1. Analyse

2. Competitive advantage

3. Marketing mix

4. Evaluate

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Jackson State University is evaluating two options. It can perform online distance learning upgrades now for $275,000 or it can
Vera_Pavlovna [14]

Answer:

The answer for (a)$442,890 for (b) $364,023.5

Explanation:

<em>From the question, the first set to take is to determine if the Mayor should purchase now or late when,</em>

<em>(a)When inflation is not considered</em>

<em>(b)When inflation is considered</em>

<em>(A) When inflation is considered</em>

<em>Future worth analysis (FWA) = 275, 000 (i +1)^5</em>

<em> =275,000 (1.10)^5</em>

<em>= $442,890</em>

<em>Thus, since FW > $375,000,</em>

<em>The cost of future is less, the Mayor should purchase later.</em>

<em>(B) When inflation is considered</em>

<em>Real rate = ( 1 + nominal/1 +inflation)^-1 = 1.1/1.04 -1 = 0.057 = 5.77</em>

<em>FW = 275,000 (1 +i)^5 = 275,000 (1.0577)^5</em>

<em>=$364,023.5</em>

<em>So FW< 375,000</em>

<em>Because the worth of buying or purchasing is less, the mayor should purchase now</em>

<em />

<em />

3 0
3 years ago
Jose and Zola want to purchase their first home. Jose makes $23.50 an hour and works 40 hours per week. Zola makes $21.50 an hou
vovangra [49]

Answer:

$1,411.25

Explanation:

The computation of the combined gross monthly income is shown below:

The earnings of Jose = $23.50 × 40 hours = $940

And, the earnings of Zola is

= $21.50 × 40 hours + 5 hours × $21.50

= $860 + $161.25

The total earnings is

= $940 + $860 + $161.25

= $1,961.25

And, the expenses are

= $500 + $50

= $550

So the combined gross monthly income is

= $1,961.25 - $550

= $1,411.25

7 0
3 years ago
Two new software projects are proposed to a young, start-up company. The Alpha project will cost $530,000 to develop and is expe
Vsevolod [243]

Answer: See Explanation

Explanation:

The payback period for both projects would be calculated as:

Alpha Project

Cost = $530,000

Annual net cash flow = $60,000

Payback period = Cash / Annual net cash flow

= $530,000 / $60,000

= 8.83

Beta Project

Cost = $170,000

Annual net cash flow = $18,000

Payback period = Cash / Annual net cash flow

= $170,000 / $18,000

= 9.4

We can see that Alpha Project is better as the payback period is lesser than Beta project

3 0
3 years ago
he initials GAAP stand for a. Generally Accepted Accounting Principles b. Generally Accepted Accounting Practices c. General Acc
Bess [88]

Answer:

Correct option is (a)

Explanation:

GAAP is the abbreviation for Generally Accepted Accounting Principles. These are guiding principles that help in recording accounting transactions. These are developed over the course of time and includes comprehensive guidelines used by accountants over the years in preparing financial statements.

GAAP ensures reliability and comparability of financial statements.

5 0
3 years ago
A farmer grows wheat, which she sells to a miller for $90. The miller turns the wheat into flour, which she sells to a baker for
Paha777 [63]

Answer:

The correct answer is "$155".

Explanation:

Given:

She sells to miller,

= $90

She sells to baker,

= $145

She sells to consumers,

= $155

Now,

The value added by miller will be:

= 145-90

= 55 ($)

The value added by the baker will be:

= 155-145

= 10 ($)

hence,

The GDP in this economy will be:

= 155 ($)

5 0
3 years ago
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