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maria [59]
3 years ago
5

It is important that marketers be able to identify which strategy a competitor is using so that they better understand how to po

sition their own products and services. You will see a list of recent or potential strategic decisions made by large firms, and your job is to identify which type of strategy was used in each example.
While there are a variety of strategies across industries, most fall under four basic categories.

1. Market penetration strategies emphasize selling more existing products and services to existing customers.
2. Product development strategies involve creating new goods or services for existing markets.
3. Market development strategies focus on selling existing products or services to new customers. The targeted new customers could be a different gender, age group, or international market.
4. Finally, diversification strategies involve offering new products that are unrelated to the existing products produced by the organization.


Select the most appropriate category of emotional intelligence for below mention behaviors.

i. Arm and Hammer selling baking soda for new purposes.

a. Market penetration
b. Product development
c. Market development
d. Diversification

ii. Apple opening mini-stores within Target

a. Market penetration
b. Product development
c. Market development
d. Diversification

iii. Disney purchasing ESPN

a. Market penetration
b. Product development
c. Market development
d. Diversification
Business
1 answer:
mamaluj [8]3 years ago
7 0

Answer:

1. Market development

2. Market penetration

3. Diversification

Explanation:

we have already been given a definition of these concepts from question

<u>1</u><u>.</u><u> </u>

<u>for</u><u> </u><u>Ann and </u><u>hammer</u><u>:</u><u> </u><u>it</u><u> </u><u>is</u><u> </u><u>marke</u><u>t</u><u> </u><u>deve</u><u>lopment</u><u> </u><u>beca</u><u>use</u><u> </u><u>they</u><u> </u><u>are</u><u> </u><u>try</u><u>ing</u><u> to</u><u> </u><u>create</u><u> </u><u>a</u><u> </u><u>pro</u><u>duct</u><u> </u><u>f</u><u>or</u><u> </u><u>new</u><u> </u><u>purposes</u>

<u>2</u><u>.</u>

<u>for</u><u> </u><u>apple</u><u>:</u><u> </u><u>sin</u><u>ce</u><u> </u><u>they</u><u> </u><u>are</u><u> </u><u>open</u><u>ing</u><u> </u><u>mini</u><u> </u><u>stores</u><u> </u><u>with</u><u>in</u><u> </u><u>target they </u><u>are</u><u> </u><u>try</u><u>ing</u><u> to</u><u> </u><u>have</u><u> </u><u>an</u><u> </u><u>expans</u><u>ion</u><u> </u><u>approa</u><u>ch</u><u> </u><u>where</u><u> </u><u>more</u><u> </u><u>produ</u><u>cts</u><u> and</u><u> services</u><u> </u><u>wou</u><u>ld</u><u> be</u><u> </u><u>sol</u><u>d</u><u> to</u><u> </u><u>thei</u><u>r</u><u> </u><u>cust</u><u>omers</u><u>.</u>

<u>3</u><u>.</u>

<u>for</u><u> </u><u>disn</u><u>ey</u><u>:</u><u> </u><u>they</u><u> </u><u>are</u><u> </u><u>diversifying</u><u> </u><u>int</u><u>o</u><u> </u><u>a</u><u> </u><u>new</u><u> </u><u>produ</u><u>ct</u><u> </u><u>entir</u><u>ely</u><u>.</u><u> </u><u>ESPN</u><u> </u><u>is</u><u> </u><u>a</u><u> </u><u>well</u><u> </u><u>known</u><u> </u><u>chann</u><u>el</u><u> </u><u>f</u><u>or</u><u> </u><u>sport</u><u>ing</u><u> </u><u>re</u><u>l</u><u>a</u><u>ted</u><u> </u><u>ac</u><u>tivities</u><u>.</u>

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Economists ask the process of proactive consumers choosing to either exit from a sale or to voice their dissatisfaction with a product as-----expressing disapproval.

What does one mean by customer dissatisfaction?

Customer dissatisfaction is the antithesis of customer satisfaction. It happens when customer expectations aren't only not meant, but also when the corporate fails to do anything about the complaint.

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1 year ago
What is ethical behavior?
iren [92.7K]

Answer:

Ethical behavior includes honesty, integrity, fairness and a variety of other positive traits. Those who have others' interests in mind when they make decisions are displaying ethical behavior. In the workplace, there might be a standard for ethics set throughout the company.

Explanation:

3 0
3 years ago
Two 1000 dollar face value bonds are both redeemable at par, with the first having a redemption date 3 years prior to the redemp
finlep [7]

Answer:

$ 915.71  

Explanation:

In order to determine the second bond price we need to determine the number of years to maturity of the first bond using nper formula in excel.

=nper(rate,pmt.-pv,fv)

rate is the semiannual interest rate of 6% (12%*6/12)

pmt is the semiannual interest=$1000*8.3%*6/12=$41.50  

pv is the current price at $813.04

fv is the face value of $1000

=nper(6%,41.50,-813.04,1000)= 16.00  

The years to maturity=16/2=8 years

The years to maturity of second bond=8+3=11 years

price of second bond=-pv(rate,nper,pmt,fv)

rate is 6%

nper is 11 years multiplied by 2= 22

pmt =5.3%*$1000=$53

fv is $1000

=-pv(6%,22,53,1000)=$915.71  

5 0
3 years ago
Read 2 more answers
Health Wise Corporation has developed a new diet supplement to assist with weight loss. Which type of legal protection grants He
NeX [460]

Answer:B) Copyright

Explanation:

A copyright is a legal protection that gives the original inventors of a product the exclusive right to manufacture, sell ,use a product for a limited time.

A copyright prevents others from duplicating a product during the years the copyright is active.

A trademark is a logo of a brand , product or company.

Patent is a legal right given to an inventor that prevents others from using ,duplicating or selling the invention for a period of time usually twenty years.

A warranty is an agreement between a buyer and a seller where the seller agrees to replace or make repairs when certain damages occur to a product within a specified period.

Treaty is a written agreement agreed to by countries and international organisations.

3 0
3 years ago
Neutrino Industries stock trades at $49 per share and there are 120 million shares outstanding. The management would like to rai
Gelneren [198K]

Answer:

Neutrino Industries must sell <u>8.68 million shares</u> to raise $400 million.

Explanation:

To calculate this, let B represents the number of shares Neutrino Industries must sell. Therefore, we have:

Gross proceeds = $49 * B, or $49B

Underwriter charges = 6% * $49B = $2.94B

To raise $400 million, we deduct the underwriter charges from gross proceeds and solve for B as follows:

$49B – $2.94B = $400,000,000

$46.06B = 400,000,000

B = 400,000,000 / 46.06

B = 8,684,324.79 shares, or 8.68 million shares.

Therefore, Neutrino Industries must sell <u>8.68 million shares</u> to raise $400 million.

4 0
3 years ago
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