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Alexus [3.1K]
3 years ago
13

If you want to sell unique wristbands to the 250 participants in a special boating event to raise funds for research for a rare

disease, which of the following strategies would you select? a. high quality product, low price, heavy promo, exclusive channels b. high quality product, high price, light promo, wide distribution c. high quality product, high price, heavy promo, exclusive channels d. ​high quality product, high price, light promo, exclusive channels
Business
2 answers:
melamori03 [73]3 years ago
7 0

Answer: D. ​high quality product, high price, light promo, exclusive channels.

Explanation: Judging by the number of wristbands to be sold and the nature of the event, the quality expected of such a limited edition wristband and the occasion should be well above average and surpass what is offered by general wristbands.

Quality comes at a cost, therefore the wristband should command a huge fee as it will most likely be affordable for the participants.

Given that the sale isn't in thousands or meant to reach people aside from participants in the event, a light promo will suffice and and adopting exclusive channels for its sale should be considered.

Natali [406]3 years ago
6 0

Answer:

d. ​high quality product, high price, light promo, exclusive channels

Explanation:

Given the target group of people to be reached with the unique wristbands, we can conclude that the target market consists of a special group of people who most likely can pay a high price for the unique wristband. The special boating event would most likely attract wealthy individuals.

Considering the category of people targeted, a high quality product with high price is the best bet to achieving the goal of raising enough funds the research.

Also, given the limited number of people to be targeted, light promo is all that is needed. The limited number of people targeted and also considering their caliber, and the high quality product being offered, an exclusive channel of sales would seem fit for restricting the distribution of the product.

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4 years ago
Which of the following statements is true of simulated market testing?
mario62 [17]

Answer:

The correct answer is letter "B": It is used to monitor shopper behavior to assess a product's performance.

Explanation:

Simulated Test Marketing or STM is a simulation of a real market place to evaluate consumers' reactions to a product that is going to be introduced or that is already in the market but some sort of assessment is necessary to boost its sales. STM is useful to estimate demand and conduct a market analysis.

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3 years ago
Icy Mocha Company estimates its factory overhead costs to be $35,000 and machine hours to be 5,000 for the year. If the actual h
Vedmedyk [2.9K]

Answer:

$160 overapplied

Explanation:

Icy Mocha company estimates it's factory overhead costs to be $35,000 and machine hours to be 5,000 for a period of one year.

The actual number of hours worked on job 333 and 334 equals a total of 4,980

The actual factory overhead costs are $34,700

The first step is to calculate the predetermined overhead rate

= Overhead costs/machine hours

= $35,000/5,000

= $7

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= predetermined overhead rate×actual number of hours worked

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= -$160

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4 0
3 years ago
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Credit cards would be considered liabilities.

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1 year ago
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stich3 [128]

Answer:

intervene and tell the supervisor you had assumed responsibility for the paperwork and forgot

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Different religions overtime have the same principle embedded in their doctrines.

In the given scenario where a coworker told you to compete some work for him before leaving and you failed to do so, when the coworker is being reprimanded you should take responsibility for the paperwork and say you forgot.

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