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Vesna [10]
4 years ago
8

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:
Business
2 answers:
tino4ka555 [31]4 years ago
5 0

Answer:

an undifferentiated approach.

Explanation:

an undifferentiated approach is marketing approach in which firms and organization target all segments instead of focusing some specific customer and segment of market. In an undifferentiated approach it refer that there will be strategy in which there will be one product, one price for all segments. Similarly Sriracha's use of a single marketing mix for all customers show that company use an undifferentiated approach.

Alex Ar [27]4 years ago
3 0

Answer:

The correct answer is letter "D": an undifferentiated approach.

Explanation:

While talking about the market mix, the undifferentiated approach refers to providing customers the same product without considering specific expectations of one sector of the market or another. Companies implementing this method do not require to segment their market since they hope their product will reach as many consumers as possible as it is.  

Firms with this strategy have typically remained in the market for long periods and prefer to keep the image of a company with a traditional product than one that modifies over time.

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A certain town in the Midwest obtains all of its electricity from one company, North-star Electric. Although the company is a mo
Jlenok [28]

Answer:

False

Explanation:

Therefore, since the monopoly price is higher than marginal​ cost and also less than the competitive quantity is​ produced, there will be a deadweight loss even if all the profits are given back to the citizens.

A monopolist market qualities includes the charge of a higher price, produces a smaller quantity of output and gives or generate a dead weight loss to society. Usually for a monopoly to be achieved, price does not need to equal marginal cost. Monopolies is therefore not or cannot charge any price they want. .

4 0
3 years ago
Some of the ledger accounts for the Sanderson Hardware Company are listed below. For each of the October 2021 transactions numbe
77julia77 [94]

Answer:

1. Paid a cash dividend.

Account Debited:  Retained earnings

Account Credited: Cash

2. Paid rent for the next three months.

Account Debited:  Prepaid rent

Account Credited: Cash

3. Sold goods to customers on account.

Account Debited:  Account receivables

Account Credited:  Sales revenue

4. Purchased inventory on account.

Account Debited:  Inventory

Account Credited: Accounts payable

5. Purchased supplies for cash.

Account Debited:  Supplies

Account Credited: Cash

6. Paid employees wages for September.

Account Debited:  Wages payable

Account Credited: Cash

7. Issued common stock in exchange for cash.

Account Debited:  Cash

Account Credited: Common stock

8. Collected cash from customers for goods sold in 3.

Account Debited:  Cash

Account Credited: Account receivables

9. Borrowed cash from a bank and signed a note.

Account Debited:  Cash

Account Credited: Notes payables

10. At the end of October, recorded the amount of supplies that had been used during the month.

Account Debited:  Supplies expenses

Account Credited: Supplies

11. Received cash for advance payment from customer.

Account Debited:  Cash

Account Credited: Unearned revenue

12. Accrued employee wages for October.

Account Debited:  Wages expenses

Account Credited: Wages payable

4 0
3 years ago
How has technology fragmented the audience for sports and entertainment commodities?
Rufina [12.5K]

Answer:

Actually, technology has allowed marketing in sports to become much more specialized and reach a much more targeted segment. For example, tv stations showing many kinds of  sports at one time and social media followings for specific sports.  Fragmented audience is a crucial challenge because if something is done that the audience perhaps doesn't like then there are no other segments to rely on for support. It is an opportunity because it allows the marketers to gear their strategies to a small audience and develop better PR and customer loyalty.

6 0
3 years ago
Read 2 more answers
Darden Restaurants is expected to pay annual dividends of $1.90 and $2.10 over the next two years,respectively. After that, the
Ainat [17]

Answer:

$13.89

Explanation:

The computation of the value of stock is shown below:

Year Dividend Present value factor at 16% Present value  

1         $1.90                0.862                               $1.64

2        $2.10                 0.743                               $1.56

3        $2.30

Price $14.375             0.743                               $10.68

The price is computed below:

= $2.30 ÷ 16% = $14.375

Total present value $13.89

The present value factor is computed below:

= 1 ÷ (1 + rate) ^ years

For Year 1 = 1 ÷ 1.16^1 = 0.862

For Year 2 = 1 ÷ 1.16^2 = 0.743

7 0
3 years ago
Who reports to the treasurer is responsible for paying suppliers?
Verdich [7]
 Who reports to the treasurer is responsible for paying suppliers? <span>The Accounts Payable team is responsible or paying suppliers and reporting to the treasurer. Accounts payable refers to funds that are owed by a company to its creditors. The Accounts Payable team will report directly to treasurer unless there is a cashier in place to handle the transaction. </span>
5 0
3 years ago
Read 2 more answers
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