1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
nata0808 [166]
3 years ago
8

A marketing strategy that involves a firm using different marketing mix actions to help consumers perceive the product as being

different and better than competing products is referred to as
Business
2 answers:
Dafna11 [192]3 years ago
6 0

Answer:

Product Differentiation

Explanation:

Product differentiation involves strategies used by firms to showcase their product's uniqueness over their competitor's. Using product differentiation, a firm uses the marketing mix: price, product, place and promotion to show their product's versatility compared to their competitor's. An extra advantage can be another quality which other products might not have.

Gwar [14]3 years ago
3 0

Answer:

It is referred to as product differentiation.

Explanation:

Product differentiation is a strategic type of marketing in which a firm uses campaigns and promotions to highlight features that make its product unique as well as the benefits of using the product or service.

This kind of marketing differentiate the firm's product or services from those of competitors and makes consumer perceive such differentiated product or service as better than other similar competing products.

You might be interested in
Kimberly sold equipment that she uses in her business for $50,000. Kimberly bought the equipment two years ago for $60,000 and h
PSYCHO15rus [73]

Answer:

$20,000 ordinary gain

Explanation:

Data provided in the question:

Cash proceeds from Selling of the equipment = $50,000

Purchasing cost of the equipment = $60,000

Depreciation expense = $30,000

Now,

The book value of the equipment

= Purchasing cost of the equipment - Depreciation expense

= $60,000 - $30,000

= $30,000

Since,

the amount of proceeds from sales is higher than the book value of the equipment

Therefore a gain will be recognized

The amount of Gain = proceeds from Selling - book value

= $50,000 - $30,000

= $20,000

Hence,

$20,000 ordinary gain

7 0
3 years ago
Jenkins Inc., prepared its financial statement for 2008 based on the information given here. The company had cash worth $1,234,
marishachu [46]

Answer:

$18,334

Explanation:

Given the following :

Cash worth = $1,234

Inventory worth = $13,480

Accounts receivable worth = $7,789

Net fixed asset = $42,331

Other assets = $1,822

Accounts payables = $9,558

Notes payables = $2,756

common stock = $22,000

Retained earnings = $14,008

Long term debt :

Total asset - current liability - stockholders equity

Total asset =current asset + net fixed asset + other asset

Current asset = cash worth + inventory worth + accounts receivables

Current asset = $(1234 + 13480 + 7789) = $22503

Total asset = $(22503 + 42331 + 1822) = $66656

Current liabilities = Accounts payables + notes payables

Current liabilities = $(9558 + 2756) = $12314

Stockholders equity = $(22,000 + 14,008) = $36,008

Long term debt :

Total asset - current liability - stockholders equity

$(66656 - 12314 - 36008) = $18,334

7 0
3 years ago
You recently purchased a stock that is expected to earn 22 percent in a booming economy, 11 percent in a normal economy, and los
UkoKoshka [18]

Answer:

Return on stock will be 12.65%

So option (c) will be the correct option

Explanation:

We have given expected return in booming economy = 22 %

Expected return in normal economy = 11 %

Expected return in recessionary economy = 4%

Probability of boom = 24% = 0.24

probability of normal economy = 67%=0.67

Probability of recession = 9 % =0.09

So  Expected return on stock = (Return in boom economy x Probability of boom economy) + (Return in normal economy x Probability of normal economy) +(Return in recessionary economy x Probability of recessionary economy)

Expected return on stock = (0.22 x 0.24) + (0.11 x 0.67) + (-0.04 x 0.09)

= 0.0528 + 0.0737 = 0.1265 = 12.6%

So option (c) will be the correct option

3 0
3 years ago
What does it mean to be "in the black?"
11Alexandr11 [23.1K]

Answer:  Option d

   

Explanation: Using the word "black" refers to the profit margins of a corporation and existing financial health. A corporation seems to have been in the black when it is financially viable or, more explicitly, if after taking account for all expenditures, the business generates positive income.

The phrase has origins in the past of accounting where accountants manually checked financial information in their records before hardware and software were used.

Accountants used various colored inks— both black and red — to indicate the productivity of a product. Unlike a black business, in the red is seen as one of with unfavorable results or unprofitable.

5 0
3 years ago
Read 2 more answers
You are an underwriter for ABC Insurance. You receive a life insurance proposal for medical insurance with premium payment. The
Stella [2.4K]

do you want money i will give you

3 0
3 years ago
Other questions:
  • Labels Plus, LLC, exports specialty printing equipment for the labeling, flexible packaging, and carton industry. Due to increas
    12·1 answer
  • Suppose the Environmental Protection Agency (EPA) wants to mandate that all methane emissions must be reduced to zero in order t
    5·1 answer
  • There have been significant developments that have brought operations and supply change management to the forefront of the manag
    14·1 answer
  • If a firm produced a standard item with relatively stable demand, the smoothing constant alpha (reaction rate to differences) us
    6·1 answer
  • Jackson is working late at night on a project that is due the next day. he is not sure how to print his word document, and it is
    13·2 answers
  • A proposed new project has projected sales of $195,000, costs of $92,000, and depreciation of $25,200. The tax rate is 25 percen
    5·1 answer
  • Lydia receives a $2,000 gift and wants to open a savings account. Which bank interest would be the best for her if the current i
    5·1 answer
  • A form of business ownership that provides limited liability to its owners, but is taxed as a partnership is a(n) .
    11·1 answer
  • Ali’s company is being helped by the _____ role of the government.
    11·1 answer
  • Can a student provide a student ID to purchase alcohol
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!