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svetlana [45]
3 years ago
12

If Huy Fong were to introduce a new milder version of its renowned Sriracha hot chili sauce to satisfy customers who think the c

urrent product is too spicy and the original product is kept in the product mix, this would represent a _______. a.product differentiation b.product modification c.line extension d.quality modification e.brand extension Huy Fong uses peppers that are ground within six hours of being picked to ensure their freshness, and David Tran, creator of the sauce, says, "We do the fresh one, the best one, the cheapest one." He clearly believes these attributes make his product stand out in a crowded market. Which of the following terms is used to describe the process of creating and designing products so customers perceive them as different from competing products? a.Product design b.Line extension c.Customer service d.Product differentiation e.Product modification
Business
1 answer:
Arada [10]3 years ago
4 0

Answer:

Letter b is correct. Line extension

Explanation:

This question is an example of product line extension. When the company decides to incorporate some version of a product to please new customers and keep the old product in the product mix, it is using the strategy of extending the product line. This is one way an organization uses to position the brand in new markets, which benefits in attracting new customers and gaining competitiveness.

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Use the following information:Beginning cash balance on March 1, $72,000.Cash receipts from sales, $300,000.Budgeted cash paymen
Lynna [10]

Answer and Explanation:

The preparation of the cash budget for the month of March ended is presented below:      

                                              Cash Budget

Particulars                           Amount  ($)

Opening Cash Balance         72,000

Add: Cash Receipts from Sales 300,000

Total Cash Available           372,000

Less:

Cash Payments  

Purchases                             140,000

Salaries                                    80,000

Cash Expenses                     45,000

Repayment of Bank Loan      20,000

Total Payments                    -285,000

Closing Cash Balance              87,000

We simply deduct the all payments from the total cash available so that the ending balance of cash could come

8 0
3 years ago
Suppose you have $100 in a saving account earning 2 percent interest a year.after five year how much would you have
arlik [135]

Answer: Roughly $110.40

Explanation:

100 x (1.02)^5

The 1.02 is just 100 percent of the number plus the 2 percent interest you make.

6 0
2 years ago
Read 2 more answers
he natural level of output is the amount of real gdp produced a. when the economy is at the natural level of aggregate demand. b
Cloud [144]

The natural level of output is the amount of real GDP produced b. when the economy is at the natural rate of unemployment.

Real GDP is essentially a measure of a country's total economic output, adjusted for changes in prices. The value of real GDP reflects a country's economic statistics at a macro level.

When real GDP produces natural output, that is, the output level is in line with the equilibrium of the labour market when the real price level is equal to the expected price level. Then the economy makes the most of its productivity, including fully utilized labour, which means that the economy is at the natural rate of unemployment.

Find out more on the natural rate of unemployment at:

brainly.com/question/17205513?referrer=searchResults

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3 0
1 year ago
What is a Capital Gain on an investment?
alex41 [277]

Answer:

B and C are the same, and none of the answers are correct

Explanation:

Capital gain is the amount of money you earn after selling a property or investment. It's essentially (the price you sold it for) -- (the price you paid for it)

eg if you bought stock for $100 and sold it for $200, you'd have a capital gain of $100 (200-100)

5 0
3 years ago
How does geographic influence affect business in Australia
navik [9.2K]

Answer: Geographical influences impact businesses in many ways. Australia is located in the Asia-pacific region, the economical statuses in these surrounding countries are very important in the interest of Australia. If China is doing well, it may be able to trade goods and services with Australia creating an advantage for both countries.

Explanation: Please mark as brainliest!

7 0
2 years ago
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