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777dan777 [17]
4 years ago
8

The Apple iPod changed the way people listen to music but it also created an entirely new industry devoted to accessories such a

s cases, ear buds, docking stations, and speakers. The Apple iPod is considered a:________
Business
1 answer:
Liono4ka [1.6K]4 years ago
4 0

Answer:

The correct answer is <em>a pioneer product.</em>

Explanation:

Pioneer advertising refers to the campaign to launch a new product category, unlike marketing a new product only within a developed market. The purpose of this advertising is to inform consumers of the arrival of a totally new concept and explain its benefits.

Example: Sony's campaign to introduce the Walkman brand in the late 70's or Apple's marketing action when the first iPad was launched in 2010, are two good examples of pioneer advertising. Both products had 100% market share when they were presented, and created new product categories that spawned many imitators.

You might be interested in
The formal or informal societal rules that specify or prohibit certain behaviors in specific situations are called ______.
babymother [125]

Answer:

social norms

Explanation:

Social norms can be seen as mutual depictions of appropriate social behavior as well as internal opinions of specific group behavior. Norms can be seen as cultural ideas (including principles, traditions, and rituals) that serve a basic understanding of what others practice and believe that they ought to be doing.

Social norms are, if seen as a societal viewpoint, informal interpretations which regulate the actions of people in a society. In response to religious or community expectations, behavioral economics acknowledges smaller group structures (such as a team or perhaps a department) can also accept norms independently.

6 0
3 years ago
I need help with my assingemnt
Gekata [30.6K]

Answer:

idc

Explanation:

i do not care, not at all.

7 0
3 years ago
Last year Bold and Best accounted for 56.5% of Baldwin's sales. Over the next few years, what should worry Baldwin's management
DaniilM [7]

Answer:

Explanation:

4 worries about Bold and Best (BB) are:

- Demand for BB may fall in the next few years, as customers are now less interested in purchasing BB or there is another substitute product for BB which is available in the market.

- Input costs/Production cost for BB may rise in the next few years, may be because of shortage of raw materials.

- The decline in BB sales may affect Baldwin's profitability as a whole because BB's revenue is currently the largest portion of the total revenue.

- Real purchasing power of customers fall because of a rise in expected inflation in the economy, which will lead to a fall in sales of BB.

6 0
3 years ago
Perhaps the best method for estimating the market value of shareholders' equity is to: _____________
kupik [55]

Answer:

C.multiply number of shares outstanding by the price of each share

4 0
3 years ago
PQR Corporation has a Beta of 1.5. The risk-free rate is 6%, and the market risk premium is 9%. What is the required rate of ret
shusha [124]

Answer:

1. Using CAPM, the required return is;

Required return = risk free rate + beta * market risk premium

= 6% + 1.5 * 9%

= 19.5%

2. First find the portfolio beta which is a weighted average of the individual betas;

= (60% * 2.4) + (40% * 0.9)

= 1.8

Now use CAPM

= risk free rate + beta * (Market return - risk free rate)

= 4% + 1.8 * (13% - 4%)

= 20.2%

3.Geometric average can be calculated by;

=( ((1 + r1) * (1 + r2) * (1 + r3)) ^1/n) - 1

= (((1 + 6%) * (1 + 10%) * (1 - 6%)) ^ 1/3) - 1

= ‭(1.09604‬^1/3) - 1

= 3.1%

6 0
3 years ago
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