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
Hitman42 [59]
4 years ago
7

Which growth strategy is designed to increase sales of existing products to current customers, non-users, and users of competiti

ve brands in served markets would utilize which of the following marketing​ strategies?
A. Control.
B. Market penetration.
C. Market development.
D. Diversification.
E. Product development.
Business
1 answer:
s2008m [1.1K]4 years ago
7 0

Answer:

market penetration:

Explanation:

Market penetration refers to the approach of selling the service and product in the market that is specified for a particular product.

it is calculated by determining the total amount of product sales in the market compared to goal of selling products in the market.

it involves all process that is needed to promote or to grow the market percentage in a particular business.

it is calculated as

market penetration= \frac{market\ covered}{target\ market} \times 100

You might be interested in
Which of the following would generally not be considered an attribute of a good leader? listener combative guide patient
hoa [83]

Answer:

Combative

Explanation:

5 0
3 years ago
Read 2 more answers
American retailers face intense competition to offer consumer goods at the lowest possible price. While this saves consumers mon
kondor19780726 [428]
The correct option is this: TO OFFER PRODUCTS AT LOWER PRICES, MANUFACTURERS MOVE THEIR PLANTS TO FOREIGN COUNTRIES WHERE LABOUR IS CHEAP LEAVING AMERICANS OUT OF A JOB.
The major reason for operating a business is to make profits. No matter the prices at which products are sold in the market, manufacturers usually ensure that they make some profits because that is the only way they can remain in business. Thus, in a situation where the prices of product is very low, manufacturers will look for means of cutting costs so that they can make some profits. That is why a company will prefer to move to a place where it can get cheaper labor for its products.<span />
5 0
4 years ago
Brinkman Corporation bought equipment on January 1, 2007 .The equipment cost $90,000 and had an expected salvage value of $15,00
trapecia [35]

Answer:

b. $75,000

Explanation:

Depreciable cost is the amount of an asset's cost that will be depreciated. Depreciable cost is calculated by using purchase and installation cost of a fixed asset, minus its estimated salvage value at the end of its useful life.

Depreciable cost = Total asset cost - salvage value = $90,000 - $15,000 = $75,000

The company then uses a depreciation method, such as the straight-line method, to calculate depreciation expense of the equipment.

Example:

Annual Depreciation expense = $75,000/6 = $12,500

5 0
4 years ago
Which of the following is the reason most people give for transferrin from a two year school to a four year school
dangina [55]

The reason could be that they want a higher education. 4 year degree is more rewarding than a 2 year degree. they want a higher education so they can get a better job that pays them even more. thats my opinion. remember this has to do more with money. the more you prepare yourself the more money you are able to get.

7 0
4 years ago
A perpetuity pays $100 each and every year forever. the duration of this perpetuity will be:_________
Scrat [10]

Perpetuity pays $100 each and every year forever. the duration of this perpetuity will be 12.11

Yield rate = 9% or 0.09

Duration of perpetuity = (1+ Interest Rate) / Interest Rate

                                  = 1+ 0.09 / 0.09

                                   = 1.09 / 0.09

                                    = 12.11

A perpetual annuity is a never-ending annuity or series of cash payments that lasts forever. True eternity is rare. For example, the UK government has issued them in the past. These were known as consoles and were all eventually redeemed in 2015. Cash flow is endless.

Learn more about perpetuity here: brainly.com/question/24261067

#SPJ4

7 0
2 years ago
Other questions:
  • A company wants to identify which of two production methods has the smaller completion time. One sample of workers is randomly s
    5·1 answer
  • Jay, Kuo, and Elaine's company has an opening for a manager, and all three of them apply. However, Elaine, who has been with the
    8·1 answer
  • The following is a payroll sheet for Otis Imports for the month of September 2020. The company is allowed a 1% unemployment comp
    12·1 answer
  • Getting the listener’s full attention, questioning him or her, and asking him or her to paraphrase the message are all technique
    9·1 answer
  • What is the relationship between resource owners and monetary payments?
    11·1 answer
  • Dufner Co. issued 16-year bonds one year ago at a coupon rate of 6.7 percent. The bonds make semiannual payments. If the YTM on
    8·1 answer
  • The graph shown below shows the relationship between the age of drivers and the number of car accidents per 100100100 drivers in
    9·2 answers
  • During her annual review, Susan admitted to her supervisor that she is more productive in a quieter environment. The openness of
    5·1 answer
  • What could support autoedge's ability to generate economic profits over the long term?
    7·1 answer
  • TufStuff, Inc., sells a wide range of drums, bins, boxes, and other containers that are used in the chemical industry. One of th
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!