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Aliun [14]
3 years ago
8

Burberry's global marketing strategy of offering "affordable luxury" to customers in the United States, with a value proposition

of being more expensive than Coach and less expensive than Prada represents a focus on:A) product.B) price.C) promotion.D) position.E) place.
Business
1 answer:
kolezko [41]3 years ago
5 0

Answer:

B) price.

Explanation:

Burberry's strategy in this case is based on price reduction. They aim to provide cheaper luxury goods to customers in the United States.

Their value proposition is that their luxury products are more expensive the Coach but cheaper than Prada (not too cheap and not too expensive).

This strategy is aimed both at gaining luxury customers that want a cheaper alternative, and get new customers that want to enter the luxury goods market but don't have enough money to buy the expensive ones.

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When you first started your new business, you were so excited about the large volume of orders you had. One year later, you find
ioda
I would suggest it would most likely to be either A or B or both, however if I had to pick one I would go for A.

A - The question suggests you may have been putting more effort and <span>enthusiasm</span> into sales of the products for your new business "<span>you were so excited about the large volume of orders you had" which may mean after your first year of business you may have started to slack of or get complacent with putting you business out there marketing wise, also when launching a product for the first time people are interested in the new and latest thing (such as a new business) after a while people start to forget unless you have marketing and advertising to remind them.
</span>
B - If the product you offer is unique and you were the first business to sale this / these items then after a year it is possible other competitors have started to copy you however this would completely depend on the products you sale.

C - Given you already had large orders in the first year people are happy to pay for the products you offer so this would exclude C.

D - If you have already had many orders in the first year people obviously want the products you sale even if you only sale 1 or 2 things so unlikely to be D.


8 0
3 years ago
Knowing how to report injuries/illnesses, seeing the annual summary, and what else are all worker rights related to injury and i
GREYUIT [131]
<span>Knowing how to report injuries/illnesses, seeing the annual summary, and reviewing the log are all worker rights related to injury and illness reporting for Osha. 
All of these three options are quite important when it comes to injury in the workplace.</span>
7 0
3 years ago
A company uses a process costing system. its assembly department's beginning inventory consisted of 52,400 units, 75% complete w
zalisa [80]
Total transferred units = 121,500 
Direct labor costs = $30,000
 Completed unit from the ending inventory = 42,400 x 25% = 10600
 Now the total units transferred = 121,500 + 10600 = 132100
 Direct labor cost per equivalent unit = Direct labor costs / total units transferred
  = 30,000 / 132100 = 0.227
 Direct labor cost per equivalent unit = 0.23.
5 0
3 years ago
2. Financial institutions are heavily regulated by the government. All EXCEPT one of the following DO NOT supervise financial in
Archy [21]

The main function of Securities and Exchange Commission is to regulate security market(capital market, money market etc.). They do this so as to protect investors' fund. They do not regulate financial institutions.

Federal Deposit Insurance Corporation (FDIC) makes sure customers' deposit in all financial institutions are not at risk. FDIC makes sure financial institutions comply with lay down rule.

Federal Reserve Bank and Comptroller of the Currency supervise financial institutions in their own capacity.

The answer to the question is therefore, d. Securities and Exchange Commission

3 0
2 years ago
An electronics store has a current inventory of 50 stereo systems. The lowest priced stereo system in the store sells for $800,
hammer [34]

Answer:

B) 32  

Explanation:

let H = number of expensive high price stereo systems

let L = number of less expensive low price stereo systems

H + L = 50

3,000H + 800L = 110,000

H = 50 - L  (now replace)

3,000 (50 - L) + 800L = 110,000

150,000 - 3,000L + 800L = 110,000

150,000 - 110,000 = 3,000L - 800L

40,000 = 2,200L

L = 40,000 / 2,200 = 18.18 ≈ 18 lower priced stereo systems

H = 50 - 18 = 32 higher priced stereo systems

(3,000 x 32) + (800 x 18) = 96,000 + 14,400 = 110,400

Even though the answer is not exact, if you had 33 high cost stereo systems, your inventory's cost = $112,600 which is $1,600 off

3 0
3 years ago
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