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Goshia [24]
3 years ago
14

Henri wants customers in his specialty tobacco store to feel at home, as if they were in their personal smoking den. He uses lig

hting, music, and soft chairs to create a "look and feel" that will get customers to relax and return. Henri is focusing on which aspect of the marketing mix?
A. promotional discounts.
B. mass media gimmicks
C. situational displays
D.atmospherics
E. category killers
Business
1 answer:
Levart [38]3 years ago
7 0

Answer:

The correct answer is the option D: Atmospherics.

Explanation:

<em>Atmospherics</em> is the name given, in the field of marketing, to the term that refers to the<em> strategy of designing commercial spaces</em> with the purpose of <em>creating attention</em>, <em>communication</em> and<em> affect </em>to the customer. In addition, this concept was created by Philip Kotler in 1973, who believed that the buyers respond to the total product which includes the services, the financing, the packaging, the advertising and more than just the tangible product. Therefore that when Henri wants his customers to feel at home by creating a space that suits with their normal expectations of a smoking place, then <u><em>he is trying to create attention, communication and affect through the concept of atmospherics</em></u>.

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A company reports the following amounts at the end of the year:
Inga [223]

Answer:

33.33%

Explanation:

Given:

Sales revenue = $360,000

Cost of goods sold = $240,000

Net income = $53,000

Now,

the gross profit = Sales revenue - Cost of goods sold

or

The gross profit = $360,000  - $240,000  = $120,000

Thus,

the company's gross profit ratio = \frac{\textup{Gross Profit}}{\textup{Sales revenue}}

or

The company's gross profit ratio =  \frac{120,000}{\textup{360,000}

or

The company's gross profit ratio = 33.33%

8 0
3 years ago
Compute the present value of $700 paid in three years using the following discount rates: 5 percent in the first year, 6 percent
Aneli [31]

Answer:

$587.79

Explanation:

Data provided in the question

Amount paid in three years = $700

Discount rate in the first year = 5%

Discount rate in the second year = 6%

Discount rate in the third year = 7%

So by considering the above information, the present value is

= (Amount paid in three years) ÷ (1 + Discount rate in the first year × 1 + Discount rate in the second year × 1 + Discount rate in the third year)

=  ($700) ÷ (1 + 0.05 × 1 + 0.06 × 1 + 0.07)

= ($700) ÷ (1.05 × 1.06 × 1.07)

= $700 ÷ 1.19091

= $587.79

5 0
4 years ago
An investor is short stock at $70. If the stock's market price is $40, and the investor anticipates the price will continue to d
max2010maxim [7]

Answer:

A. Buy a call

Explanation:

In the case when the investor purchase a call on the stock so the investor has the right to purchase for repurchase for a fixed price

Also the right way is to hedge a non-realized profit for a stock position i.e. short for purchasing a call

Therefore in the given situation, the correct option is A.

7 0
4 years ago
Susie decided to start selling lemonade on her street. The other kids in the neighborhood noticed that Susie was making a lot of
xxTIMURxx [149]

Answer:

Decreases and the equilibrium quantity increases

Explanation:

If more children join Susie in the lemonade business, the supply of lemonade would increase. This is indicated by a rightward shift of the supply curve. Because supply has increased relative to demand , price would fall and equilibrium quantity would increase.

I hope my answer helps you

7 0
3 years ago
Which of the following statements about the commercial umbrella liability policies is false?
mr Goodwill [35]

Answer:

The Correct Option is C

Explanation:

Even if the insured fails to keep the underlying coverage in force, the umbrella policy is designed to still cover all claims that surpasses the underlying policies limit as though the were kept in force.

6 0
3 years ago
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