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bezimeni [28]
3 years ago
11

7. Describe two things you could emphasize about your product in order to help make it

Business
1 answer:
Hatshy [7]3 years ago
7 0

Segmenting and positioning are the two things to emphasize the product correctly can make it attractive to the target market.

<u>Explanation:</u>

It is important to understand the niche of the market to know the target audience in a better way. through segmenting and positioning the product the potential customers for the product can be attracted. Markets can be segmented based on the demographics.

The product can be positioned as premium, luxury or daily use products based on the features and comparing the competitor's products. Primary research of the target markets also helps to know the audience better to present the products accordingly.

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8 0
2 years ago
Read 2 more answers
A difference between people-processing services and possession-processing services is that possession-processing services:
Contact [7]

Answer:

b. do not require customers to enter the service factory.

Explanation:

Possession processing involves tangible services provided on property belonging to a customer. It involves activities like lawn mowing, cleaning services. The property that is recoevong the action must be present but the customer does not need to be.

In people processing on the other hand, the customer is present and services provided are intangible, knowledge based, and customised to each client. For example retail banking services.

3 0
3 years ago
Economic expansion throughout the rest of the world raises the world interest rate. Use the Mundell–Fleming model to illustrate
Kobotan [32]

Answer: The answer is provided below

Explanation:

The fiscal expansion in the rest of the world will lead to an increase in the world interest rate and a decrease in the domestic investment.

As a result, a rise in the world interest rate will lead to an increase in the national income and also lower the nominal exchange rate.

The diagram has been attached.

5 0
2 years ago
(ECONOMICS) Select ALL answers that apply. Protective tariffs are considered positive because _____.
liberstina [14]
I believe the answer might be b and c:

Protective tariffs<span> are a tool countries use to protect domestic industries. They can take the form of taxes, duties, fees, or other restrictions on imported goods. The purpose of </span>protective tariffs<span> is to foster the growth of local industries and protect them from a flood of cheap foreign goods. </span>
4 0
3 years ago
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You notice that when customers have too many choices, they are less likely to make a decision about what to buy, so you tell all
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Answer:

This statement falls under Classical Management Theory

Explanation:

In this case, managers want to help customers in making their choices easy and simple for them. Yes, its very much true that too many choices create ambiguity, it becomes very hard for the customers to choose from overload of choices, that's the reason Apple only came with one phone model, iPhone. Furthermore, managers want employees to help customers, therefore, they have linked their motivation directly with the incentives and commissions, which directly falls under the classical management theory, which says that employees have certain economic and physical needs which they have to meet and fulfill. Moreover, classical management theory also helps us in the areas of leadership, specialization of labor, profits, and decision making. Here managers want to streamline their operations as well, which is also another feature of management theory.  

7 0
3 years ago
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