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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.

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concord corporation purchased a new machine on may 1, 2012 for $559200. at the time of acquisition, the machine was estimated to
Gre4nikov [31]

Answer:

$17,160

Explanation:

According to the scenario, computation of the given data are as follows,

Purchase price = $559,200

Useful life = 10 years or 120 months

Salvage value = $26,400

Total time in months(May1,2012 - Mar1,2021) = 106 months

So, depreciation cost = ($559,200 - $26,400) ÷ 120 = $4,440 per month

So, total depreciation cost for 106 months = $4,440 × 106 = $470,640

Book value = Purchase price - depreciation

= $559,200 - $470,640

= $88,560

Hence, Loss = Book value - sold value

= $88,560 - $71,400

= $17,160

5 0
3 years ago
A chemical reactor gives a fractional conversion of only 10% of the expensive limiting reactant in the feed stream. Assuming not
slavikrds [6]

Answer:

Explanation:

A) install a SEPARATION unit on the output from the reactor and feed the unreacted reagents back to the reactor feed in a RECYCLE stream.

B) Even if one had a perfect separation unit, the 65% or reactant which went to undesirable side reaction is wasted. Recycle is not effective to help poor selectivity of the reactor.

7 0
3 years ago
Due to the ________, a firm strives to maximize its profits and will therefore never pay more for a worker than the value of his
krek1111 [17]

Due to the first rule of labor markets, a firm strives to maximize its profits and will therefore never pay more for a worker than the value of his/her marginal productivity to the firm. Therefore, the option A holds true.

<h3>What is the significance of profit maximization?</h3>

A process of following and adapting such methods that derive maximum revenue to the firm is known as profit maximization. It should be the primary goal of any firm in the market.

The first rule of labor markets says that when a firm strives for profit maximization, it does not pay the worker or the labor, more than the marginal productivity that the worker bring to the firm.

Therefore, the option A holds true regarding profit maximization.

Learn more about profit maximization here:

brainly.com/question/17233964

#SPJ4

The question seems to be missing. The complete question has been added for better reference.

Due to the ________ a firm strives to maximize its profits and will therefore never pay more for a worker than the value of his/her marginal productivity to the firm.

a. first rule of labor markets

b. demand product value

c. third rule of labor markets

6 0
1 year ago
Baa-rated bonds currently yield 6%, while Aa-rated bonds yield 4%. Suppose that due to an increase in the expected inflation rat
ollegr [7]

Answer: The new confidence index is 0.7143

Explanation: Consumer confidence index which is known as the confidence index is an index used for estimating the economy of the U.S, it is published by the conference board which shows the decree of excitement in peoples's activities on their savings and spendings.

To calculate the new confidence index;

STEP1: Add the bond increase to the current bond;

6% + 1% = 7%

4% + 1% = 5%

STEP 2: FIND THE NEW CONFIDENCE INDEX

5% ÷ 7% = 0.7143

The old confidence index can also be calculated as

4% ÷ 6% = 0.6667

8 0
3 years ago
Global Industries has just issued new appraisal forms to all managers. The company has requested that each subordinate be rated
Cerrena [4.2K]

Answer: judgemental appraisal method.

Explanation: judgemental appraisal method is a form of performance appraisal—a systematic, general and periodic process that assesses an job performance and productivity of employees in comparison to certain pre-established criteria and organizational objectives. The judgmental appraisal method is applied when assessing individual employee's job performance and productivity in areas that are difficult to measure. Vast majority of information gathered and delivered using this technique is subjective though there may be some parts that are objective.

By requesting that each subordinate be rated (performance evaluation) according to how closely the appraisal (pre-determined criteria) describes the employee, the company new form is an example of a judgmental appraisal method.

5 0
3 years ago
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