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Genrish500 [490]
3 years ago
10

Nielsen PRIZM uses ________ segmentation to classify every U.S. household as one of 66 unique market segments based on the belie

f that "birds of a feather flock together," with groups living near one another having similar interests and buying similar offerings.
Business
1 answer:
Gemiola [76]3 years ago
7 0

Nielsen PRIZM uses Market Segmentation.  

Explanation:

Market division is the way toward isolating a market of potential clients into gatherings, or sections, in view of various qualities. The fragments made are made out of buyers who will react also to showcasing procedures and who share qualities, for example, comparable interests, needs, or areas.  

Market division makes it simpler for advertisers to customize their promoting efforts.  

By organizing their organization's objective market into divided gatherings, as opposed to focusing on every potential client exclusively, advertisers can be increasingly effective with their time, cash, and different assets than if they were focusing on buyers on an individual level.

Gathering comparable shoppers enables advertisers to target explicit spectators in a financially savvy way.   Market division additionally lessens the danger of a fruitless or ineffectual showcasing effort.

At the point when advertisers separate a market dependent on key attributes and customize their procedures dependent on that data, there is an a lot higher possibility of progress than if they somehow managed to make a conventional battle and attempt to actualize it over all sections.

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The collaborative approach to conflict resolution encourages trust and assertive behaviors, fosters empowerment, and works best
Sergio039 [100]

Answer:

a. True

Explanation:

A conflict refers to a disagreement in ideas or views which creates discord and hampers the normal operations and is injurious to goals of an organization.

A conflict may arise within a department, within a team or with clients and bosses. Resolving such conflicts becomes an essential task.

Under the collaborative approach of conflict resolution, both parties to a conflict intend to find a midway i.e win-win situation. The approach includes arrival of parties to a mutually beneficial result. This is confrontational approach where the solution to the problem is sought.

Such an approach encourages trust and agreement and is more suited when the parties to a conflict are open to resolve it in a direct and equal manner.

6 0
3 years ago
Sally's Gift Baskets sells gift baskets, on average, for $125; each gift basket costs, on average, $60. Debby pays salaries each
eimsori [14]

Answer:

a. Traditional Income Statement

Sales ($125 x 140)                            $17,500

Cost of Sales ($60 x 140)               <u>($8,400)</u>

Gross Profit                                      $9,100

Salaries                                           ($1,300)

Rent                                                 ($1,000)

Sales Commission ($17,500 x 5%) <u>($875) </u>

Net income                                      <u>$5,925</u>

b. Contribution Margin Income Statement

Sales ($125 x 140)                            $17,500

Less: variable Costs

Cost of Sales ($60 x 140)               ($8,400)

Sales Commission ($17,500 x 5%) <u>($875) </u>

Contribution Margin                       $8,225

Less: Fixed Costs

Salaries                                           ($1,300)

Rent                                                 <u>($1,000)</u>

Net income                                      <u>$5,925</u>

Explanation:

a.

Traditional Income statement calculates the gross profit after deducting the cost of goods sold from the revenue. After that it deduct all the operating expenses to calculate the Net Income.

b.

Contribution margin income statement consider all the variable expenses as cost of product cost and calculates the contribution margin, after that the fixed costs are deducted calculate the net income.

5 0
3 years ago
In Marketing in the News, we heard that Michelin tire company is running a new sales promotion. What did we hear the company is
trasher [3.6K]

Answer:

A) Offering 1/2 price discounts through Costco.

Explanation:

Probably the most commonly used and most effective sales promotion is to offer a discount to your products or services. Everyone loves the idea of paying less for a product they need or want. But there is a catch with this type of activity, you shouldn't do it very often. If discounts are offered on a regular basis, then customers will tend to purchase the product only when a discount is available.

7 0
3 years ago
Job design refers to the process of defining the way work will be performed and the tasks that will be required in a given job.
miskamm [114]

Answer:

1. The main priority for workers at a manufacturing facility is to maximize efficiency.

Industrial engineering. Because it is designed to increase efficiency..

2. A trucking firm is adding an air-suspension seat to its new line of trucks to help prevent drivers from experiencing chronic back pain.

Ergonomic. Because this structure is designed to increase health and safety.

3. A construction company is improving absenteeism and worker satisfaction by decreasing the amount of heavy lifting and overhead work expected of employees.

Ergonomic.The same goes about ensuring safety and health.

4. A smoke alarm manufacturer increases employee task significance by showing workers how their work contributes to the final product, which can ultimately save lives.

Motivation. Because this covers work enhancement, flexibility and more.

5. A clothing manufacturer is expanding to developing countries where employees will receive training on the single best way to produce each item of clothing.

Industrial engineering. Because it is used to increase efficiency.

6. A local coffeehouse is designing its jobs to ensure that employees do not feel pressure to process information beyond their capabilities.

Mental capacity. Since the boundaries and constraints of mental health are measured.

7. Librarians at the local library are being trained and motivated to be more involved with their job and decision making.

Motivation. Because this covers work enhancement, flexibility and more.

8. A medical services company is considering employee cognitive capabilities and limitations while in the process of redesigning jobs.

Mental capacity. Since the boundaries and constraints of mental health are measured.

6 0
3 years ago
Suppose you pick people at random and ask them what month of the year they were born
Ray Of Light [21]
What is the question you are asking
8 0
3 years ago
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