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Musya8 [376]
3 years ago
9

Soffia Inc. manufactures a moisturizing soap with anti-ultraviolet properties, which is sold under the brand name DewMist. The c

ompany also manufactures Safechoice, a non-abrasive, antibacterial brand of soap, which is a different brand. Which of the following strategies has Soffia used in this scenario?
a. Multibranding strategy
b. Dual branding strategy
c. Cobranding strategy
d. Family branding strategy
Business
2 answers:
Lerok [7]3 years ago
8 0

Answer:

Multibranding strategy

Explanation:

Multibranding strategy can be defined as a type of strategy in which a company gives its product a different brand name. It involves a producer selling different brands under the same product segment.

In Multibranding strategy there is no space for other competitors in the market. This strategy also strengthens the influence of these various products in the market.

A Multibranding strategy can lead to a great loss if it is not properly handled by the management of the organisation.

Cloud [144]3 years ago
4 0

Answer:

Multibranding strategy

Explanation:

-Multibranding strategy is when an organization provides a different name for each product it manufactures.

-Dual branding strategy is when a company uses an existing brand name for a new product with a sub-brand to differentiate it from the existing products.

-Cobranding strategy is when companies make a partnership to sell a product or service and they use the names of the brands involve.

-Family branding strategy is when a company uses the same brand for a group of products.

According to this, Soffia used in this scenario a multibranding strategy.

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tangare [24]
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MrRissso [65]

Answer:

c. Contacting me by December 1 about your support of this new benefits plan will allow me to present this proposal at the next strategic planning session.

Explanation:

The closing for a request should indicate a deadline for receiver, which can help to engage receiver in sender’s process.

Even though in this scenario, the sender is requesting for a support which might be not receiver’s responsibility to accept the benefit plan, but the sender can smartly appreciate the receiver if he can have the support by December 1.

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3 years ago
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PSYCHO15rus [73]
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8 0
3 years ago
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Answer:

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The role of money include:

1. Medium of Exchange: Money is used to facilitate the sale, purchase, or trade of goods between parties. It is used as a medium of exchange for goods and services that is why Sam had to save some money so that he will have access to the car he wants.

2. Unit of Account: The value of something is measured in a specific currency. From the question, the value of each car was stated using a value of money. This will enable the buyer or seller known the value if what is to be bought or sold.

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4 0
3 years ago
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