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Stolb23 [73]
3 years ago
10

Firms that strive for mindshare think not about the speed of an individual products development and launch, but rather about cre

ating a dominant position in the mind of the customer.
a. True.
b. False.
Business
2 answers:
Dennis_Churaev [7]3 years ago
7 0

Answer:

The answer is "True".

Explanation:

Mindshare is an advertising concept  by companies to ensure their brand linger on in customers' minds than the their individual products. It is a way of knowing the public awareness, acceptance and the brand popularity as a result of advertising and promotions. Thus, it evolves from the statement above that "Firms that strive for mindshare think not about the speed of an individual products development and launch, but rather about creating a dominant position in the mind of the customer.".. This is done so that he customer may think firstly of their brand before anyone else's. e. g. for a consumer that wants to buy some beverage drinks, Coca-cola would mostly come to their mind firstly ,which is an example of the high mindshare of Coca-cola while there are various brands one could actually choose from.

Pie3 years ago
4 0

Answer:

A) True

Explanation:

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4 years ago
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A group of products within a product class that are closely related because they perform a similar function, are sold to the sam
solniwko [45]

Answer:

Explanation:

Product Line

A product line represents related products under a single brand name produced, grouped and sold by the same company. Organisations use product lines to keep and expand their consumer base by adding products that will appeal to their customers in the same line of products which they are familiar with.

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Most product lines are marketed in groups and are placed together to appeal to customers. Specifically, organisations know that consumers will be willing to test new products that are part of the same product line they have known and are used to.

3 0
3 years ago
On December 31, 2020, the Bennett Company had 100,000 shares of common stock issued and outstanding. On July 1, 2021, the compan
matrenka [14]

Answer:

$5.31

Explanation:

Earnings per share = Earnings Attributable to Holders of Common Stock ÷ Weighted Average Number of Common Stocks Outstanding

<em>where,</em>

<u>Earnings Attributable to Holders of Common Stock is :</u>

Net Income                                                                       $650,000

Less Preference Stock dividend                                       ($71,000)

Earnings Attributable to Holders of Common Stock      $579,000

<em>and</em>

<u>Weighted Average Number of Common Stocks Outstanding :</u>

Common Stocks at Beginning outstanding                                  100,000

Stocks Sold at Weighted Average (18,000 / 2)                                9,000

Weighted Average Number of Common Stocks Outstanding    109,000

therefore,

Earnings per share = $579,000 ÷  109,000

                                = $5.31

The 2021 basic earnings per share is $5.31.

4 0
3 years ago
A country in which most economic decisions are made by individuals or private companies has a system that falls in the main cate
astraxan [27]

Answer: Market Economy

Explanation:

A country in which the economic decisions are majorly controlled by individuals or private companies is a market economy.

A market economy is an economic system where there is very little government interference which is in the form of regulations, the economy is controlled mainly by private individuals and production is determined by the forces of demand and supply.

4 0
3 years ago
What is noncompetition?
Valentin [98]

Answer:

A lack of competition

Explanation:

Non = absence

competition = the act of competing in a event

Which means noncompetition would mean "a lack or a absence of competition."

Hope this helps.

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3 years ago
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