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Kaylis [27]
3 years ago
14

Farrugia's Mens Clothes is a small retail store that sells men's clothing and accessories with a focus on buyers who have relati

vely modest means. Because of this, the firm has rolled out a few marketing initiatives aimed at men of a specific demographic. This is an example of _______.
Business
1 answer:
dedylja [7]3 years ago
6 0

Answer:

Target marketing

Explanation:

Target marketing involves breaking a market into segments and then concentrating your marketing efforts on one or a few key segments consisting of the customers whose needs and desires most closely match your product or service offerings. It can be the key to attracting new business, increasing sales, and making your business a success.

Farrugia's Mens Clothes has implemented target marketing technique b focusing on men with specific demographic factors.

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When Panasonic considers how to price a new product, they determine what price they think their customers will pay, and then ide
Andrew [12]

Answer:

b) target costing.

Explanation:

According to my research on different pricing methods, I can say that based on the information provided within the question the method being described is known as target costing. Like mentioned in the question this is the process of analyzing a product's life-cycle costs (how much customers may pay throughout the products life on the market) and then design the functions and features of the product around that data. This is done in order to all but guarantee that the products profit margin will be reached, and is what Panasonic is considering doing.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

4 0
3 years ago
An economy is experiencing a recessionary gap. The government can​ ______.
Jobisdone [24]

Answer:

Increase expenditure or cut taxes to increase aggregate demand.

Explanation:

A recessionary gap is a macroeconomic term which portrays an economy working at a level underneath its full-employment equilibrium. Under a recessionary gap condition, the degree of real gross domestic product (GDP) is lower than the degree of full employment, which puts descending pressure on prices over the long haul.

6 0
3 years ago
When a tariff is imposed on a​ foreign-produced product, domestic producers receive a​ ________ price and domestic consumers pay
Fittoniya [83]

Answer: decreased , lesser .

Explanation:

Tariffs are used to restrict imports by increasing the price of goods and services purchased from another country, making them less attractive to domestic consumers . Governments may impose tariffs to raise revenue or to protect domestic industrie especially from foreign competition.

7 0
3 years ago
Which of the following can increase your credit card’s APR
poizon [28]

Paying off the full balance.

 As a guidelines, your Credit Card APR will be increased if you are responsible in paying all your credit and show that you are a good user.

3 0
3 years ago
Economic efficiency is
Marina CMI [18]

Answer:

The correct answer is option A.

Explanation:

A market outcome will be considered economically efficient if the marginal benefit earned from the last unit is equal to the marginal cost incurred in the production of the last unit while the economic surplus or the sum of consumer surplus and producer surplus is at maximum.

If the marginal cost and benefit are not equal then the outcome is said to inefficient. It means that either the resources are not being allocated efficiently or the production is not efficient.

6 0
3 years ago
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