1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
PilotLPTM [1.2K]
3 years ago
5

A brand of wine is priced at only $5 per bottle, far below the market price of most high quality wines. Before any reputation ex

ists for the wine, consumers buy very little of this inexpensive wine because they interpret the low price to mean that the wine is of poor quality. The company decides to change the label on the wine to show that it has won awards for quality. This label change is an example of
Business
1 answer:
lakkis [162]3 years ago
8 0

Answer:

Re-branding

Explanation:

This is an example of re-branding the product. Re-branding is a strategy for marketing that associates a new name, image and designs to the existing product so as to change consumer perception of that product. This helps bring forward a new brand identity for an existing product allowing it to be able to be competitive and differentiated. It is basically now marketed as a new and or improved product.

Hope that helps.

You might be interested in
Protein folding is often described as a highly cooperative process. this means that
Orlov [11]

Protein folding is often described as a highly cooperative process. This means that proteins tend to be folded or unfolded without the presence of partially folded states.
<span>Proteins help build hormones, enzymes and other body muscles. It is also the basic for blood, skin and bones etc. in human body.</span>

3 0
3 years ago
Becca and Bob own a car rental business. Becca contributes 75 percent of the capital but does only 20 percent of the work, while
ale4655 [162]

Answer: Limited liabilities and partnerships

Explanation:

Limited liabilities mean that the partners within the firm are only liable to pay off their debts with the amount they had invested as capital in the company. Partnership is an agreement between certain number of partners to share the profit and loss of the company. In this case since there is a 50/50 allocation of profits and there are only 2 partners therefore, this is a limited liability partnership.  

4 0
2 years ago
Generally accepted accounting principles require that companies use the ____ of accounting.
White raven [17]

Answer:accrual basis

Explanation: the need the truth on the accounting princess so it has to be to accrual basis

3 0
2 years ago
The objectives of U.S. monetary policy are to achieve​ ______.
SSSSS [86.1K]

Answer:

A. maximum employment and stable prices

Explanation:

The Fed has various roles. Among its key objectives is to monitor the economy to ensure maximum sustainable economic growth. To achieve this growth, the Fed uses different monetary tools to regulate inflation and influence unemployment levels.

The Fed receives economic data from other government agencies that help it determine the appropriate cause of action. For example, if the bureau of labor statistics reports a high level of unemployment, it could mean the economy is slowing down. The Fed then applies expansionary policies to stimulate growth.  If inflation is low or very high, it affects price stability. The Fed has tools to regulate inflation.

4 0
3 years ago
What are consumer motives?
Marrrta [24]

Explanation:

The motivation for consumption comes from individual needs and desires, which may occur consciously and unconsciously. To meet their needs and wants, people identify and buy products and services that are compatible with their satisfaction.

There are several surveys and studies that seek to identify consumer behavior and explain how the purchasing decision process occurs. One of the most widespread theories in the world is Maslow's theory, which presented a hierarchy of needs that aims to identify a priority system of human needs satisfaction, divided into five parts, which are arranged in order of importance:

  1. physiological,
  2. safety,
  3. love,
  4. esteem and
  5. self-actualization

This theory is of great relevance to help marketers target their strategy according to the priority and need of individuals, including in their campaigns messages that send the consumer a sense of urgency for the product or service, directing marketing communication to the bottom of the hierarchy, which is the consumer's priority.

3 0
3 years ago
Other questions:
  • Genevieve is a member of the board of directors and the chief financial officer of The Shoe Fits, Inc. Under the duty of care sh
    12·1 answer
  • What are the four requirement of valid contract
    11·1 answer
  • During 2011, Clark Company manufactured equipment for its own use at a total cost of $2,400,000. The project required the entire
    7·1 answer
  • Which of the following would not work on a newspaper either in print or online form
    7·1 answer
  • Nonprofit organizations begin their budgeting process with: anticipated funding. services to be provided. a sales budget. a cash
    5·1 answer
  • A delivery company is considering adding another vehicle to its delivery fleet; each vehicle is rented for $100 per day. Assume
    9·1 answer
  • Stan is a real estate broker in Colorado. He has identified a property for a fast food outlet and has asked four friends to cont
    6·2 answers
  • How would a customer sales force structure benefit Reliable Tools? A. It would help the company's salespeople become experts in
    11·2 answers
  • Man this Girl __________
    11·1 answer
  • Karla bought her dress for the recital not because she liked the color and style, but because it made her feel good about hersel
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!