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vladimir2022 [97]
4 years ago
7

What are the benefits and risks of changing the packaging of the tic tac product? profile the tic tac consumer. if ferrero were

to research changing tic tac packaging, how should they test the ideas?
Business
1 answer:
zheka24 [161]4 years ago
7 0

A potential risk is confusing the customers - customers have brand loyalty and recognition based off of the look and familiarity of packaging. They might always reach for the "green tic tacs" without even knowing the official flavor because they are familiar with the color, and changing the packaging could affect that.

However, a potential benefit of changing the packaging is attracting new customers who would have otherwise overlooked the product. Making the packaging new and exciting might entice new people to become buyers.

A good way to test this would be with focus groups, which are groups of people who you ask to pretend to be the customer and give you feedback on the idea. Focus groups are a good way to learn the good and bad perceptions about a change before it is put into effect.

You might be interested in
Reseller markets involve ________. firms that buy goods and services for further processing in their production processes firms
Ronch [10]

Firms that buy goods and services and sell them at a profit.

Re-sellers purchase things with the intent of selling them to other people and businesses and do not produce new goods or services.

3 0
3 years ago
What is the future value of $3,100 in 17 years assuming an interest rate of 8.4 percent compounded semiannually
Alex Ar [27]

Answer:

$12,556.37

Explanation:

Calculation to determine What is the future value

Using this formula

Future value = PV(1 + r)^n

Let plug in the formula

Future value = $3,100[1 + (.084/2)]^17(2)

Future value = $12,556.37

Therefore the future value is $12,556.37

3 0
3 years ago
A bicycle manufacturer purchases bicycle seats from an outside supplier for $22 each. The manufacturer’s inventory of seats turn
In-s [12.5K]

Answer:

<em>$0.48 or 48.7</em>

Explanation:

<em>The following are the steps taken</em>

<em>A Bicycle manufacturer bought bicycle seats from an outside supplier = $22 each</em>

<em>Inventory seats for the manufacturing turns over at =1.2 times per month</em>

<em>The manufacturer annual holding inventory  cost is =32%</em>

<em>Then</em>

<em> (Holding cost = ($22 COGS/1.2 turns) × (32% annual holding) </em>

<em>Therefore </em>

<em>(Holding cost = ($22 COGS/1.2 turns) × (32% annual holding/12 months) </em>

<em>= 48.7 or $0.48</em>

<em>The Inventory holding cost for a bicycle seat is =$0.48</em>

6 0
4 years ago
Because it quickly reveals a candidate's education and experience record, most recruiters favor a(n) a. online resume b. chronol
Naya [18.7K]

Answer:

b. chronological resume

Explanation:

A chronological resume is a resume in which it displays your work experience from latest to oldest job. Here you display your recent experience and achievements to the oldest so that it quickly reveals by the interviewer.

Hence, the correct option is b.

And all the other options are wrong

hence the same is to be considered

8 0
3 years ago
Anna Prentice has worked for years fixing broken typewriters. She is laid off from her job as fewer and fewer people use typewri
fenix001 [56]

Answer:

1. structural unemployment 

Explanation:

Structural unemployment is a form of unemployment that occurs when there's a mismatch between labour's skills and the available jobs. It occurs as a result of technological change.

Anna is unemployed because she can't get a job in her field. Therefore she's structurally unemployed.

Frictional unemployment occurs between the time labour leaves his current employment and the time he finds another one.

Cyclical unemployment is when employment level changes with the business cycle. It rises during a downturn and falls during a upturn.

I hope my answer helps you

4 0
4 years ago
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