Answer:
d. Differentiation
Explanation:
Under differentiation strategy, the company differentiates it's products from those of the competitors by the addition of unique attributes which gradually create brand loyalty for such products.
Product differentiation can be accomplished by different packaging, labeling or using different promotional strategies.
Such differentiation may lead to the brand gaining competitive advantage.
In the given case, Armani employs product differentiation strategy for it's products which are targeted at niche category of customers i.e royal customers.
The answer is communism. It is a political and economic system derived from Karl Marx in which the main prolific resources in a society are possessed by the state and wealth is shared among citizens equally or according to an individual's need and each person is paid according to their skills and essentials.
To break even they must be able to sell 1,100 tickets during the event.
The immediate cost is set at
$2,000 (player fees) + $1600 (worker fees) = $3,600
Assuming that fans would reach around 200 people that would be:
$3 X 200 =$600 (free bat costing)
Overall cost would be at: $3,600 + $600 = $4,200
To break even the computation will be as follows:
2,500 tickets X $5 = $12,500
$12,500 - $4,200 = $8,300 in earnings
Answer:
B. the demand for a product and its price has a direct relationship
Explanation:
demand comes from the price which ultimately effects the proportions with the consumers purchasing the product. if the product is good enough with a fair price to come with it, the demand will increase, or if a product becomes more scarce the demand for it will increase along with the price raising.
