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Yuki888 [10]
3 years ago
15

Creative locations, such as kiosks at the baggage claim in airports or small booths in grocery stores, represent Starbucks' effo

rt to improve its offering on which dimension of the marketing mix? Group of answer choices product promotion price perception place
Business
1 answer:
Sergio [31]3 years ago
5 0

Answer:

The answer is Place. Option E.

Explanation:

In the marketing mix which constitutes; product, promotion, price, and place, the process of moving products from the point of production to the point(s) where the customers can access them is called place.

Put simply, it is the way in which a manufacturer's product is bought and where it is bought. This movement of products could be achieved through the use of one or a combination of the following intermediaries:

  • Distributors,
  • Wholesalers, and
  • Retailers.

Therefore, the creative locations in the scenario above represent the marketing mix dimension of place, because it is the effort of Starbucks to make its product available to its customers at different locations.

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Decide whether you agree or
Leona [35]

Answer:

A. Disagree

B. Disagree

C. Disagree

Explanation:

Elasticity of demand measures the responsiveness of quantity demanded to changes in price.

Demand is elastic if a small change in price leads to a greater change in quantity demanded. The absolute value of elastic demand is usually greater than 1.

Demand is inelastic if a small change in price has little or no effect on the quantity demanded. The absolute value of inelastic demand is usually less than 1.

Demand is unitary, if a change in price has the same proportional effect on quantity demanded. The absolute value of unitary elasticity of demand is equal to 1.

The absolute value of elasticity for cocaine is 0.2 which indicates that it has an inelastic demand, if price increases, there would be no change in the quantity demanded. Amount spent on cociaine would increase and producers revenue would rise.

The absolute value of elasticity for Christmas three is 1.3 which indicates that it has an elastic demand. If price falls, the quantity demanded would rise and revenue earned by sellers would rise as a result.

When elasticity of demand is unitary, an increase in price leads to the same proportional increase in revenue.

I hope my answer helps you

3 0
3 years ago
The ethical, legislative, social initiative is the agency responsible for
meriva

They are responsibl for the consideration of ethical, legal, and social implications related to the human genome.

Hope this helps.

4 0
3 years ago
Spin Cycle Architecture uses three activity pools to apply overhead to its projects. Each activity has a cost driver used to all
hammer [34]

Answer:

a. predetermined overhead rate for each activity

initial concept formation  = $3,310 per Project Change

design  = $3 per Square feet

construction oversight  = $1,130 per Month

b. Classification

unit-level activities :

design

batch level activities :

initial concept formation

Product level activities :

design<em> </em>

Facility level activities :

initial concept formation

construction oversight

Explanation:

This question requires application of Activity Based Costing (ABC) method of allocating overheads.

For each overhead a rate is determined as follows :

<em>initial concept formation </em>

Predetermined overhead rate = Overhead Cost / Number of Project Changes

                                                  = $52,960/ 16

                                                  = $3,310 per Project Change

<em>design </em>

Predetermined overhead rate = Overhead Cost / Square feet

                                                  = $420,000/ 140,000

                                                  = $3 per Square feet

<em>construction oversight </em>

Predetermined overhead rate = Overhead Cost / Number of Months

                                                  = $118,650/ 105

                                                  = $1,130 per Month

<em>Classification</em>

The way the activity is to be absorbed in costing determine its classification

5 0
3 years ago
Rebecca began taking
Naily [24]

Answer:

be more specific

Explanation:

6 0
3 years ago
Review and complete the following statement regarding the Income Summary account. The Income Summary account is (debited/credite
Harlamova29_29 [7]

Answer:

credited ; debited ; retained earnings or capital account

Explanation:

The closing entries are as follows

Sales Revenue A/c Dr XXXXX

           To Income Summary XXXXX

(Being revenue account closed)

Income summary A/c Dr XXXXX

                To Expenses A/c XXXXX

(Being expenses accounts are closed)

Income summary A/c Dr XXXXX

            To Retained earning XXXXX

(Being the difference is credited to retained earning)

3 0
4 years ago
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