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vampirchik [111]
3 years ago
14

When a company recognizes that the needs of one market segment is not the same as another and accordingly customizes its product

offerings, it is said to be pursuing a __________ strategy. a. focus b. low-cost c. standardization d. segmentation e. stuck-in-the-middle
Business
1 answer:
Andrej [43]3 years ago
6 0

Answer:

Focus strategy.

Explanation:

Focus strategy is undertaken by a company to enter a narrow market or expand operations in such a market. The segment is specific and the business usually provides services that competitively meets customer needs.

Recognising that one market segment's needs are different from another one's is the basis for focus strategy. Resources will be used to meet and satisfy the unique needs of a target segment or niche. Involve a particular product line for example children clothing, detergents, lemon juice, children's shoes and so on.

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A company's sales forecast would likely consider all of the following factors except:
mixer [17]

Answer:

The correct answer is letter "C": top management's attitude toward decentralized operating structures.

Explanation:

Sales forecasts have the purpose of providing companies with an idea of how their sales environment is going to be within a specific period. By forecasting, firms obtain objective information from inside and outside the company that allows them to maximize the distribution of their resources to cover the customers' demands in the future.

Thus, <em>an executive's attitude over decentralized operating structures is not relevant for sales forecasting.</em>

6 0
3 years ago
Which statement below best answers the economic question How to produce?. . Marco's products sell at prices ranging between $2 a
BabaBlast [244]
The word "produce" involves the way the product is made and also the materials used. For this item, I would go with the third choice, "Marco uses locally harvested wood from a sustainable tree farm to make his products". This describes the materials used.
5 0
3 years ago
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To find the annual rate of return on any given stock, add the stock's dividend for the year plus the change in the stock's price
katrin2010 [14]

Answer:

The statement is: True.

Explanation:

The Annual Rate of Return or Yearly Rate of Return is the amount earned over an investment within one year. It is typically represented as a percentage and takes into consideration capital appreciation and the payment of dividends. The formula to calculate the annual rate of return is the following:

Annual Rate of Return = (EYP - BYP)/BYP X 100%

Where:

EYP = End of year price

BYP = Beginning of year price

8 0
3 years ago
BestBank's Visa credit card discloses an A.P.R. of "Prime Rate + 5.74% to Prime Rate + 22.74%." If the Prime Rate increases from
Brrunno [24]

The prime rate is the base rate for any financial transaction. The prime rate is considered for each type of lending instruments by the bank. bank add a margin % over the prime rate and offer loan/instrument at the increased rate.

In the given case, the BestBank's Visa credit card discloses an A.P.R. of "Prime Rate + 5.74% to Prime Rate + 22.74%, which means the A.P.R is calculated on the basis of Prime rate and any change in prime rate will directly affect the A.P.R.

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Hence the correct answer is:

b. Increase in A.P.R by 1%

4 0
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Should a president be held responsible for an underperforming economy?
Lana71 [14]
Yes he should be because people had higher expectations
3 0
3 years ago
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