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
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.

You might be interested in
The common method of trading in the distant past is known as
olga nikolaevna [1]

the common method of trading in the distant past is known as marketing

3 0
3 years ago
What can be defined as an information technology environment?
alisha [4.7K]
C. The tools and processes that surround us to gather and interpret data can be defined as an information technology environment. 
Our environment is what surrounds us - so if the environment is technological, then different types of technologies and tools are what fall under that category.
6 0
3 years ago
Read 2 more answers
If the fed wants to _______ the money supply, it discourages bank loans.
scoray [572]
<span>This would be a way to lower the money supply. By discouraging bank loans, there becomes fewer overall dollars in the hands of the general public. Fewer dollars held by people overall equals a smaller overall money supply. Bank loans to the public would be a way of increasing the money supply, in the opposite instance.</span>
5 0
3 years ago
A community college might grant all of the following degress except
klio [65]
I would say a technical program certificate, i hope i helped, have an amazing day :)
3 0
3 years ago
Read 2 more answers
Identify sources of information and advice about methods and services for managing personal finances
Deffense [45]
Budgeting is the key to manage personal finances. In order to realize budgeting one must be able to determine the importance of savings and manage expenses properly. Proper projection of expenses and savings should also been taken in order to maximize proper budget managing.
3 0
3 years ago
Other questions:
  • After the civil war, what became the major form of business organization because of its ability to raise money through the sale
    15·1 answer
  • North Around, Inc. stock is expected to return 22 percent in a boom, 13 percent in a normal economy, and −15 percent in a recess
    11·1 answer
  • Mr. Smith wishes to retire in 16 years. When he retires he would like to have $300,000 in his bank account. Mr. Smith's bank pay
    12·1 answer
  • The Conways received close to $40 million from the sale. However, shortly after the sale, the Conways regretted signing the non-
    12·1 answer
  • Each Cutco knife goes through 30 steps to ensure that it meets the firm's standards and provides a good value for a premium prod
    12·1 answer
  • Sarah is delivering a presentation on time management in the workplace. Each slide consists of not more than four to five points
    15·1 answer
  • In your initial post, you are to write to either the President (on fiscal policy) or to the Chair of the Federal Reserve (on mon
    15·1 answer
  • Business economics Que
    5·1 answer
  • Layton Corp. has a $2,000 par value bond outstanding with a coupon rate of 4.6 percent paid semiannually and 13 years to maturit
    10·1 answer
  • Which media outlet is a good choice for grocery and fast food advertisements because many consumers decide what to buy while enr
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!