Answer:
B) price.
Explanation:
Burberry's strategy in this case is based on price reduction. They aim to provide cheaper luxury goods to customers in the United States.
Their value proposition is that their luxury products are more expensive the Coach but cheaper than Prada (not too cheap and not too expensive).
This strategy is aimed both at gaining luxury customers that want a cheaper alternative, and get new customers that want to enter the luxury goods market but don't have enough money to buy the expensive ones.
Answer: Infant Industry.
Infant Industry is when they has been an argument against a competitor. In this case, Alex is in a argument with the government - the government would be the competter in this case. Therefore, we have Infant Industry as our final answer.
The research process consists of multiple steps in order to find a solution or answer to a particle problem or question. In the stage of the research process which involves "<span>finding, evaluating, and interpreting source material", this means analyzing how your source materials can be applicable to your question or problem.</span>
Answer:
a) 406200000
b) 7500000 and 5.36%
c) 0.7
Explanation:
please find the attached file
Answer:
Explicit costs - $51,000
Explicit costs are those for which a person incurs in actual spending of money. In this case, Christine had to pay $15,000 in wages, and $36,000 in rent ($3,000 x 12). These are expenses that she had to pay money for, and that had to be accounted for in the accounting books, and in the financial statements. These are in other words, explicit costs.
Implicit costs - $40,000
Implicit costs are simply the opportunity costs. An opportunity cost is the cost of the next more valuable alternative when faced with two or more options. No money is paid for this costs. The implicit costs for Christine were the $40,000 that she not receive as wages if she had continued working at a real state firm.
