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Yuki888 [10]
2 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]2 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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I believe that the $500 cheque from your parents has already been counted when it was earned and therefore would neither increase or decrease GDP. GDP is defined basically as  a bulk measure of production that is equal to the sum of all gross values of all units involved in production.
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Answer:

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Explanation:

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Bezzdna [24]

Answer:

b. The competitive pressures associated with rivalry among competing sellers in the industry for buyer patronage.

Explanation:

The Porter’s five forces of competition is a framework developed by Michael E. Porter in 1979, it is used to measure and analyze an organization's competitiveness in a business environment.

The Porter's five forces of competition framework are:

1. The bargaining power of suppliers.

2. The bargaining power of customers.

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4. Threats posed by new entrants.

5. Threats posed by existing rivals in the industry.

The most powerful of the five competitive forces is usually the competitive pressures associated with rivalry among competing sellers in the industry for buyer patronage. When the amount of competitors (sellers), as well as the quantity of goods and services they provide are large, the lesser their competitive strengths or advantage in the market because the customers have a large pool of finished goods and services to choose from and vice-versa.

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Nichols Company uses the percentage of receivables method for recording bad debts expense. The accounts receivable balance is $2
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bad debt expense 6,000 debit

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expected allowance balance:

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so the amount of the adjustment will be to move the balance to 8,000 from 2,000:  adjusting entry for 6,000

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