Answer:
Differentiation strategy
Explanation:
This question defines the differentiation strategy. It is an approach which businesses develop whereby they provide their customers with unique and different goods and services than what other competing firms may have to offer in the market. The main goal is to have an advantage increase in the market compared to others.
Answer:
B. Purchasing inventory on account
Explanation:
The Purchase of inventory on account is not recorded when the cash basis of accounting is recorded but where as it is recorded when accrual basis of accounting is used.
Answer:
e. content; communications
Explanation:
The website content refers to all multimedia and text found on it. Content should always be relevant and aligned with the company's overall communications plan.
A key part of<u> </u><u><em>integrated marketing communications (IMC)</em></u> is the fact that a company should have all of its media deliver a consistent marketing message. That applies to the website's content and communications too, as it must integrate those factors with other media and platforms. All the media should cover the same topics - company promotions, product innovation or special customer incentives.
<em>Context, commerce </em>and<em> connection</em> are irrelevant terms for the IMC concept.
Answer: Anchoring bias
Explanation: Anchoring bias is described as the tendency to focus on one value or idea known as the “anchor” and not adjust away from it sufficiently (the simple act of thinking of the first number strongly influences the second, even though there is no logical connection between them); It is also defined as the tendency of people to place subsequently refined answers to a given question close to the initially estimated answer, giving unduly weight to the initial answer, such as adjusting the initial estimate of 10% to 20% when 90% would have been more appropriate.
Some examples of anchors might include: real estate listing prices, initial cost estimates for development projects, salary of your last job etc.
Answer:
A. Meet with his manager face-to-face.
Explanation:
A face-to-face meeting with the manager is probably the most prefered step to be taken first.
