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Schach [20]
3 years ago
6

In the multiplex industry, Vibrant Movies Inc. is an upscale multiplex that focuses on superior customer experience. The firm ch

arges premium prices for its movie tickets and services. Global Cine Inc., in contrast, charges the lowest price in the industry with its no-frills approach. In between these two segments is True Movies Inc., which offers a customer experience comparable to that of Vibrant Movies at a price almost as low as that of Global Cine. What strategy is True Movies pursuing in this scenario?
a. market penetration strategy
b. liquidation strategy
c. product diversification strategy
d. blue ocean strategy
Business
1 answer:
PolarNik [594]3 years ago
4 0

Answer:

The answer is: D) blue ocean strategy

Explanation:

Blue Ocean strategy is about selling a good product or service at a low price in order to enter new markets or gain market share.

In this case, True Movies is selling a superior movie experience at the price of a low-cost movie theater. They are trying to take away customers from both Vibrant Movies and Global Cine.

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Following are income statements for Hossa Corporation for 20X1 and 20x2. Percentage of sales amounts are also shown for each ope
I am Lyosha [343]

Please find full question attached Answer and Explanation:

Please find full answer and explanation attached

We have done a change analysis using data from Hossa's net income statement

From the analysis we can observe that only increase in sales brings a positive effect and therefore the result of increase in net income

7 0
3 years ago
Whenever Josh goes to his favorite restaurant, he wants to buy tiramisu, his favorite dessert. Despite the fact that he would en
Daniel [21]

Answer:

Framing effects.

Explanation:

Framing effect in psychology is the cognitive bias whereby an individual makes decisions based more on the information presented than on one's own choice. In other words, when someone makes a decision that is influenced more by the effects of the information on others than on one's own opinions.

In the given scenario, Josh's decision to have tiramisu only when others are having dessert and not if he would be the only one having dessert is affected by the framing effect. This is because his decision is influenced by the way others behave rather than his desire to eat even his favorite dessert.

Thus, the correct answer is the framing effect.

4 0
3 years ago
Emphasizing personal selling rather than mass media advertising is an example of a __________ strategy.
Ronch [10]

Answer: personal selling rather than mass media advertising in the promotional mix  the firm is using a Standardized strategy

Explanation:

Hope this helps <3

4 0
3 years ago
The adjusted trial balance of Pacific Scientific Corporation on December 31, 2021, the end of the company's fiscal year, contain
devlian [24]

The preparation of the multi step income statement is shown below

                              Pacific Scientific Corporation

                               Multi - step income statement

                                       On December, 2021

Sales revenues  $2,106

Less: Cost of goods sold -$1,240

Gross profit  $866

Operating expenses

Less: Selling expenses -$126

Less: General and administrative expense -$105

Total operating expenses -$231

Operations income  $635

Non operating and other items

Interest expenses -$40

Gain on sale of investment $45

Total non operating $5

Earning before taxes  $640

Less- Income tax expense at 30%  -$160

Net income   $480

8 0
3 years ago
Both Wisconsin and Illinois border Lake Michigan. The lake is becoming polluted and both states are deciding whether or not to c
kumpel [21]

Answer: the correct answer is Wisconsin gains 300, Illinois loses 100.

Explanation:

Wisconsin won't clean the lake so we have to leave it out of the calculation.

Now Illinois is the one that spends 700 but receives just 600 in benefits.

700-600= 100 ( Illinois loss)

Out of the 900 generated for cleaning the lake, Michigan gets 300, because Wiconsin receives 600, that is,

900-600 =300 ( Wisconsin gain)   (*Remember Wisconsin hasn't spent any single penny because it hasn't clean the lake).

4 0
3 years ago
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