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vichka [17]
4 years ago
15

When asked about those people who say his Sriracha sauce is too spicy, David Tran jokingly suggests they "use less" of the produ

ct. Sriracha's use of a single marketing mix for all potential customers means that the company is using:a.a differentiated approach.b.a concentrated approachc.a common approach.d.an undifferentiated approach.
Business
2 answers:
atroni [7]4 years ago
7 0

Answer:

The correct answer D. An undifferentiated approach.

Explanation:

In an undifferentiated approach, the company does not take into account the demands of the market mix. They only take into account one kind of niche in the market and ignore the rest of the market.

David Tran jokingly advises his customers to adjust with his products rather than molding his product according to the demand of his customers.

Thanks for asking.

miskamm [114]4 years ago
3 0

Answering the question, Sriracha's use of a single marketing mix for all potential customers means that the company is using: undifferentiated approach. This implies the correct answer is D.

The undifferentiated approach takes place when a marketer does not take into account the differences that exist within the market but decides to use a mass marketing strategy with the purpose to appeal to the greatest number of people.  In other words, the marketer regarded the market to be heterogeneous aggregate.

<h2>Further Explanation</h2>

Undifferentiated marketing is also called mass marketing, this type of marking approach focused on television, radio, and newspapers to reach out to a large audience.

When the company uses this medium to reach out to the larger audience, it maximized the exposure of the company’s product. Theoretically, this is directly tied to huge sales or increases the number of potential buyers.

This approach involves the spreading of marketing messages to a huge number of people and also with the hope of reaching out to several people who might have an interest in the product.

The company involves in general advertising to mass market its product with the purpose that it will get the attention of some people.

Some of the benefits of using undifferentiated approach include

  • Larger audience
  • The risk involved is very less
  • The approach involves less research

Learn more about undifferentiated approach at:

brainly.com/question/9991216

#learnwithbrainly

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List the economic activities to selling cotton shirts at a store
ANEK [815]

Answer:

The basic questions to answer are the 4 economic problems.

Explanation:

What to produce?

The question of what to produce has already been answered by determining to produce cotton shirts.

How to produce?

This deals with the procedure and materials needed for production. In answering the question of how to produce, one must a certainnn the needed materials needed, suitable labour and appropriate processes.

For whom to produce?

Not the individual or firm must ascertain the category of people he wants to produce for, it it the rich or the poor, elite or artisans, students or working class, adults or babies.

4 0
3 years ago
The Wall Street Journal reported the following spot and forward rates for the Swiss franc ($/SF):Spot...........................
Gnoma [55]

Answer:

The Wall Street Journal Reports

a. The Swiss franc was selling at a premium in the forward market.

b. The 30-day forward premium was: $0.0049.

c. The 90-day forward premium was: $0.0099.

d. Dollars to receive from a 90-day forward contract is $95,310.

Explanation:

a) Data and Calculations:

Spot and forward rates for the Swiss franc ($/SF):

Spot............................................ $0.9432

30-day forward.......................... $0.9481

90-day forward.......................... $0.9531

180-day forward........................ $0.9594

Premium:

30-day forward.......................... $0.9481

Spot............................................   $0.9432

Premium =                             $0.0049

90-day forward.......................... $0.9531

Spot............................................   $0.9432

Premium =                             $0.0099

180-day forward........................ $0.9594

Spot............................................    $0.9432

Premium =                               $0.0162

Dollars to receive from a 90-day forward contract is $95,310 ($0.9531 * SF 100,000)

6 0
3 years ago
During a risk brainstorming session a team member identifies a risk. This particular risk does not seem to belong to any of the
Darya [45]

Answer:

Record it in the risk register, discuss potential responses and make a note to update the RBS.

Explanation:

Risk management is the process by which the management of an organisation identifies, assessed, and controls threats that may affect the company's capital or earnings.

The risks can be as a result of natural disasters, management error, financial uncertainty, or accidents.

In the given instance if a risk is not on any of the categories in you Risk Breakdown Structure (RBS), there is need to record it in the risk register, discuss potential responses and make a note to update the RBS.

7 0
3 years ago
Select the incorrect statement regarding flexible budgets. Multiple Choice Flexible budgets often show the estimated revenues an
AleksandrR [38]

Answer:

Option C is the correct answer..

A flexible budget is also known as a master budget is incorrect

Explanation:

A master budget is a term used for aggregation of all budgets prepared by all divisions.

6 0
4 years ago
Read 2 more answers
What are the roles of consumers? select two options.
swat32

Answer:

im new here

Explanation:

were are you from

8 0
2 years ago
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