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
ladessa [460]
3 years ago
5

The Golden Group is a group of luxury hotels that caters exclusively to high-end customers who form a small part of the market a

nd are willing to pay for luxurious amenities. The hotel has incorporated all possible luxuries to satisfy these customers. The marketing approach employed by The Golden Group best exemplifies
Business
2 answers:
Mila [183]3 years ago
7 0

Answer: Niche marketing.

Explanation:

Niche marketing involves a business aiming a product at a particular, often very small, segment of the market.

It anticipates consumers' needs and wants and can be clearly identified. It can be a local or small national market.

lorasvet [3.4K]3 years ago
3 0

Answer:

focused differentiation or niche marketing

Explanation:

When a company focuses on the needs of a small but very specific groups of people, they are carrying out a focused differentiation strategy on a niche market. Niche markets are usually very small, but they are made up of consumers who really know what they want and are very specific about what satisfies their needs. E.g. vegan restaurants serve niche markets.

In this case, Golden Group hotels is focusing on the 1%, or very wealthy customers that demand special amenities and are willing to pay a very high price for them.

You might be interested in
Your recently widowed grandma says, “i feel granddaddy's presence all the time. he's actually guiding me to do the right thing.”
Tema [17]
The reason that the grand ma is recently widowed will make it likely that the person should treat her in a way that her feelings won't get hurt. The likely response for the given scenario above is to tell her that grand pa is probably doing that, in order for her to be happy and not to deny in a way that she is experiencing it because she longs for him and misses him.
6 0
3 years ago
Select the BEST answer choice.
Kobotan [32]

Government can demonstrate its economic involvement by <em>d. manages regulatory programs.</em>

According to the regulation on consumer services, Sam's Super Healthy Candy must inform consumers about the added sugar in its products. For failing to do this, the government severely fined the company. In this way, the government shows that it is involved in the economy through its regulatory activities.

The government does not show its economic involvement by only <em>maintaining competition, producing goods and services, or providing welfare services.</em>

Thus, the government demonstrates its economic involvement by <em>regulating the activities of commercial entities.</em>

Learn more: brainly.com/question/19663917

4 0
2 years ago
In some cases promotions tailored to specific countries or regions may be more successful than a general campaign because:
DiKsa [7]

In some cases promotions tailored to specific countries or regions may be more successful than a general campaign because each country or region has its own culture.

<h3>Factors that affects promotion of goods</h3>

The act of promoting a particular product for sale can be location specific this is because individual and culture varies which also affect the choice of product and how it can be advertised for people to desire the product.

Therefore,

In some cases promotions tailored to specific countries or regions may be more successful than a general campaign because each country or region has its own culture.

Learn more on promotion below

brainly.com/question/14772910

#SPJ1

In some cases promotions tailored to specific countries or regions may be more successful than a general campaign because:

A) more than one marketing expert is needed to create successful promotions

B) it costs less to set up several smaller campaigns than one that can be used for all markets

C)there is no need to test the message before starting the campaign

D)each country or region has its own culture

8 0
2 years ago
Koch traded Machine 1 for Machine 2 when the fair market value of both machines was $50,000. Koch originally purchased Machine 1
nexus9112 [7]

Answer:

The right answer is $50,000

Explanation:

Simply put, adjusted basis is the cost of an object after factors that affects the cost has being considered. These factors usually include taxes, depreciation value and any other cost incurred in getting and retaining the said object. Adjusted basis is important so as to know the right amount to sell.

Adjusted basis increases when an individual factors the cost incurred from taxes and maintenance ad it reduces when he/she factors in depreciation.

In the case of Koch, he already exchanged his machine for another at $50,000, as far as he is concerned at that moment, the adjusted basis is $50,000 because it was exchanged in a fair market.  

8 0
3 years ago
Before you buy a car you need to know your need and your​
olganol [36]
<h2>Before you buy a car you need to know your need and your <u>budget</u></h2>

Explanation:

There are many things associated with the car:

1. Test drive: You can do a test drive check whether the car suits your style and it is driver-friendly and also whether it is worth for the money

2. Check for credit score: You can check your credit score to save your money though not huge but a little

3. Compare prices: Compare the prices of the car with other shops and choose the best one.

4. Do a review of repair records: It is better to check the review so that we can assess the life time of the car and in tandem with the amount of the car.

Last but not the least, you must understand your need and the budget because these are two essential things which comes in front of you when you think about buying a car.

3 0
3 years ago
Other questions:
  • Assume a nation’s economy is operating above full employment. if business taxes increase, how will output, employment, and price
    5·1 answer
  • A department had 65 units which were 20% complete in beginning Goods in Process Inventory. During the current period, 77 units w
    6·1 answer
  • Omega locates it global manufacturing in mexico, its global distribution in honduras, and its design in germany. by dispersing d
    13·2 answers
  • If the price of good X increases by 2%, and that causes the quantity demanded of good Y to increase by 10%, then the cross-price
    15·1 answer
  • Many new business will run at a loss in the beginning? A.TRUE <br> B. FALSE
    13·1 answer
  • If Cute Camel ever goes bankrupt, its common stockholders will be paid off first, then its debtholders and preferred stockholder
    9·1 answer
  • During the year, Sheldon Company had net credit sales of $40,000. At the end of the year, before adjusting entries, the balance
    13·1 answer
  • Early in January, the following transactions were carried out by Maxwell Communications. Sold capital stock to owners for $35,00
    10·1 answer
  • PLSSS HELP!!!
    14·1 answer
  • an increase in aggregate demand in the economy will have what effect on macroeconomic equilibrium in the long run?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!