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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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Kitty [74]

Answer:

a. Have a comparative advantage in some products.

Explanation:

France, Bolivia, and Taiwan have a comparative advantage in some products.

7 0
3 years ago
Which position or group of stakeholders has the most power in your organization or one with which you are familiar? Is their pow
MrMuchimi

The stakeholder group with the most power over the organization is the board, whose power is gained through formal positions.

<h3 /><h3>How is the board of directors formed?</h3>

It is formed by the company's owners, investors and shareholders, who occupy the highest hierarchical positions and have the greatest decision-making power over organizational actions.

The distribution of power in a company can motivate employees, because leadership is able to influence positive attitudes.

Therefore, in some companies, there is also the decentralization of functions, generating greater autonomy in the lower hierarchical positions.

Find out more about stakeholders here:

brainly.com/question/4404879

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4 0
2 years ago
Cost of a Fixed Asset Borges Inc. recently purchased land to use for the construction of its new manufacturing facility and incu
tamaranim1 [39]

Answer:

$152,600

Explanation:

The computation of the cost of the land is shown below:

Cost of the land = Purchase price + real estate commissions + delinquent property taxes + closing costs + clearing and grading of the land

= $125,000 + $9,500 + $1,800 + $3,500 + $12,800

= $152,600

We considered all the given information

hence, the cost of the land is $152,600

7 0
3 years ago
What steps can be taken to build a sound financial reputation
puteri [66]

The seven steps to achieving a sound financial reputation include:

1)      Analysis of cash flow – Positive cash flow would mean having funds available for savings.

2)      Making a plan for retirement goals and other special goals.

3)      Increase retirement savings – This can be done by maximizing contributions in your retirement accounts or catch-up with missed contributions.

4)      Reduce income tax. Consult a tax professional to help you with your tax strategy.

5)      Keep pace with the current inflation rate.

6)      Manage potential risks and liabilities – Being covered with insurance can give you protection in times of unexpected risks.

7)      Consult a financial advisor to provide you with informed decisions. 

7 0
3 years ago
Read 2 more answers
TwitterMe, Inc., is a new company and currently has negative earnings. The company’s sales are $2.1 million and there are 130,00
Paladinen [302]

Answer:

a. $69.46

b. 58.15

Explanation:

a. Price = Benchmark PS ratio × Sales per share

<u>Sales per Share</u>

=  Sales / Shares outstanding

= 2,100,000/130,000

= $16.15

Price = 4.3 * 16.15

Price = $69.46

b. PS Ratio is 3.6

Price = Benchmark PS ratio × Sales per share

Price = 3.6 * 16.15

Price = $58.15

7 0
3 years ago
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