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dedylja [7]
3 years ago
8

Warren Cassell, owner of Just Books, a very small book store, makes special orders for customers at no extra charge, provides fr

ee gift-wrapping, conducts out-of-print book searches, offers autographed copies of books, hosts "Meet the Author" breakfasts, and publishes a newsletter for book lovers. By offering his customers lots of "extras" they do not get at larger bookstores, Cassell has won a growing base of loyal customers. Cassell is relying on which marketing strategy
Business
2 answers:
Anna007 [38]3 years ago
5 0

Answer:

Cassell is relying on Guerrilla Marketing strategy in this case.

Explanation:

Guerrilla Marketing:

It is a such type of marketing strategy in which we use non-traditional ways to accomplish our marketing goals. This unconventional way of marketing is directed towards developing an emotional between a business/organization and its customer.

Example:

The common example of guerrilla marketing is as follow:

A company named "XYZ" sells soft drink and they start a campaign in a public space in which they offer free drinks to the public. The people taste their soft drink for free and tell others about it.  

In our case, Warren Cassell use this strategy of marketing by offering them free gift-wrapping, free autographed copies of books etc so that the customer develop a very strong emotional bond with the book store. As a result, they will tell other people about her generosity and will help her to expand her business.    

Mademuasel [1]3 years ago
5 0

Answer:

Guerrilla marketing strategy

Explanation:

When a company uses guerrilla marketing strategies they are looking for unconventional ways to provide their customers with an extraordinary experience. Usually small companies are able to use this type of strategies because it involves unconventional tactics and surprise factors, which are very difficult to carry on by larger firms.

For example, a local coffee shop where the owner knows the clients by name, asks about their families and has developed a friendly relationship with them. The products are not standardized and vary every couple of days, new recipes are continuously introduced and the clients view the store as part of their lives. Those "extras" that come with the service make the difference and create a very loyal customer base.

You wouldn't find that at a Starbucks since employees come and go, and the client volume is so large that it makes personal interactions extremely difficult, and the products are standardized.

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The most competitively effective and very likely most profitable long-term approach to reducing or eliminating the impact of pay
monitta

Build and equip a production facility in Europe-Africa and then expand it as may be needed to supply all ( or at least most) of the pairs the company intends to try to sell in Europe-Africa is the most competitively effective and very likely most profitable long-term approach to reduce or eliminate the impact of paying tariffs imported to a company's distribution warehouse in Europe-Africa.

Tariffs are taxes imposed by one country on goods or services imported from another country. Tariffs are trade limitations that raise prices and decrease available quantities of goods and services for U. S. businesses and customers.

A “unit” or specific tariff is a tax levied as a fixed charge for each unit of a good that is imported – for instance, $300 per ton of imported steel. An “ad valorem” tariff is levied as a proportion of the value of imported goods. An example is a 20 percent tariff on imported automobiles.

Learn more about Tariffs here brainly.com/question/8000501

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3 0
2 years ago
In selling 300 acres of rural land to organic farms, peyton tells the buyer that the land "will be worth twice as much by next y
kompoz [17]
Peyton is engaging in a sales strategy in which he would likely tell of the buyer that the land will increase twice as much in the following year if it has not been brought in which this strategy will be able to lure the buyer into thinking of whether he or she will buy the land or not.
7 0
3 years ago
If a company must expand capacity to accept a special order, it is likely that there will be an increase in unit variable costs.
Lelechka [254]

Answer:

If a company must expand capacity to accept a special order, it is likely that there will be an increase in fixed costs.

Explanation:

The fixed costs are the part of the total costs of production that remain constant during a given reference quantity in a certain period. These include, for example, depreciation of fixed assets or rental or interest expenses. Since fixed costs are incurred regardless of the application quantity (short-term), they cannot be apportioned to the unit costs according to the cause.

In the present case, given that the company must expand its capacity to take the special order, it means that all of its production factors are totally devoted to production, so that in order to produce a greater quantity of goods, the productive factors must be increased, which are part of the fixed production costs that the company has. Therefore, as the costs of production are altered, there will be an increase in fixed costs.

6 0
3 years ago
Which of the following is NOT an advantage of a free market economy?
ankoles [38]

Equality is NOT an advantage of a free market economy.  

<h3>Further explanation </h3>

A free-market economy is an economic system where rule by the supply and demand with a little to no government involvement. Most of the resources, equipment, buildings, goods, and services in a free market economy own by individual and private business.

In the free market economy, goods and services that are not or less profitable will not be produced. This will increase the problem for some community. Large firms can still dominate certain markets, even where there is a competition. This situation will wider the income gap and social problems.

However, there are some advantages of a free-market economy as follows:

1. Ensure a competitive market  

Supply and demand create competition atmosphere, which helps ensure that consumers get the best goods or services at a lower price. This competition also stimulates economic growth.

2. Optimum allocation of resources

Supply and demand determine what and how much goods and services to produce, so resources are better distributed and allocated. It also encourages firms to be more efficient as they seek to produce at the lowest price possible to maximize their profit.

3. Wider variety of goods and services/freedom  of choice

Goods and services produce based on consumer demand not by government regulations.

4. Absence of bureaucracy  

The absence of bureaucracy also reduces the cost of doing business for everyone.

<h3>Learn more </h3>

Characteristic of market economy brainly.com/question/2571948

A command economy brainly.com/question/3091866

The function of the economic system brainly.com/question/12060180

Keywords: market economy, the advantage of a market economy, the disadvantage of a market economy. free economy market

4 0
3 years ago
Read 2 more answers
An agency's power to determine whether the activity of a regulated entity is acceptable or not is an example of:______.a. rate-m
Oksana_A [137]

Answer:

c. power over business practices

Explanation:

Regulatory agencies are formed to monitor and checkmate adverse activities of a certain sector of an economy.

They have various powers that can be used to control activities in a economic sector:

- Licencing power is the ability to give access to the players in a particular business sector.

- Rate making power is the ability of regulatory agency to determine price of commodities

- Power over business practices is regulatory agency's power to determine whether the activity of a regulated entity is acceptable or not.

For example if regulatory agency in communication notices the process for registering new clients is too cumbersome, they can enforce a more simple and streamlined process

8 0
3 years ago
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