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4 years ago

When entrepreneurs develop new products,other companies also experience growth because they

2 answers:

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Attempt to improve their own product. Companies "fight" in this way. by improving their products so that they are better

docker41 [41]4 years ago

4 0

The answer is <u>"because the new products create many companion products".</u>

New products might be characterized as any item, administration, or thought not as of now made or showcased by an organization, or which the purchaser may see as new. New item improvement is a case of interior technique in enterprise.

Inside Strategies will be techniques for empowering development that include endeavors inside the organization itself.

The elements of business sectors, innovation, and rivalry have brought changes to for all intents and purposes each market part and have made new item improvement a standout among the most incredible business exercises.

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Southwest Airlines is famous for operating at low cost. They achieve low costs because they are very selective in the people the

kumpel [21]

Answer: Its competitive advantage

Explanation: Competitive advantage refers to a situation when a company has some superior position in market than other competing firms.

In the given case, Southwest airlines is operating at low cost due to their high standards in recruitment and cooperative behavior towards their employees. Thus, they are offering something that no other firm is. Hence, due to their special behavior towards their employees they are having low cost and competitive advantage in market.

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3 years ago

from the information about chobani in the case and at the start of the chapter, (a) who did hamdi ulukaya identify as the target

Mashcka [7]

from the information about chobani in the case and at the start of the chapter, (a) who did hamdi ulukaya identify as the target market for his first cups of greek yogurt and (b) what was his initial "4ps" marketing strategy?

a. Target market for Chobani Greek Yogurt. Hamdi Ulukaya saw his Chobani Greek Yogurt as appealing to all American consumers—the mass market—when he first introduced his Greek Yogurt in the United States. That is exactly the reason that he wanted distribution in the dairy cases of major U.S. grocery and supermarket chains, and not in their niche sections or in health food or specialty stores.

Now, with the introduction of its Champions line of Greek Yogurts, Chobani is reaching the kids' market segment. With its 2013 introduction of Chobani Bite in a smaller 3.5-ounce cup, Chobani is trying to reach a "snack" market segment. And with Chobani Flip, it is trying to reach an experimenting, gourmet market segment who add "mix-ins" to regular Chobani Greek Yogurt.

b. Chobani's initial 4Ps marketing strategy. Consists of the following marketing actions:

· Product strategy. Offer a Greek Yogurt for a mass market that is healthier than competing U.S. yogurts and does not have artificial ingredients and preservatives.

· Price strategy. Priced affordably at $1.29 for a single-serve cup that is accessible to all.

What is Marketing strategy?

A marketing strategy is a long-term plan for attaining a business' objectives through an understanding of client needs and the development of a distinct and long-lasting competitive advantage. It includes everything, from choosing which channels to utilize to contact your customers to figuring out who they are.
To learn more about marketing strategy from the given link:

brainly.com/question/25640993

4 0

2 years ago

After a suspected identity fraud case has been resolved, you should:

OLga [1]

<span>After a suspected identity fraud case has been resolved, you should continue to monitor your credit reports and accounts and keep all copies of relevant documentation. When you believe fraud has occurred it is best to make sure you keep copies of your last transactions and what transactions that are happening that aren’t yours. Monitoring your credit reports are imperative because you need to make sure someone isn’t charging their purchases to your credit cards. </span>

8 0

3 years ago

Read 2 more answers

In Year 1, a company purchased equipment that cost $70,000. The equipment has a useful life of seven years and no salvage value.

lawyer [7]

The amount of depreciation expense in Year 3 is $16,667.

Data and Calculations:

Cost of Equipment purchased in Year 1 = $70,000

Estimated useful life = 7 years

Estimated salvage value = $0

Depreciable amount = $70,000 ($70,000 - $0)

Method of Depreciation = Straight-line method

Annual depreciation expense = $10,000 ($70,000/7)

Accumulated Depreciation after 2 years = $20,000

Net book value after two years = $50,000 ($70,000 - $20,000)

Re-estimated remaining useful life after the first two years = 3 years

Depreciation expense in Year 3 = $16,667 ($50,000/3)

Thus, the company should report a depreciation expense of $16,667 in Year 3.

Learn more: brainly.com/question/19091134

5 0

3 years ago

The total amount of producer surplus in a market is equal to the area above the market supply curve and below the market price

Maksim231197 [3]

Hello
the answer would be false
have a nice day

7 0

3 years ago