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nydimaria [60]
3 years ago
8

Favorite Memories is a small company that specializes in serving women over the age of 50 who are special occasion gift shoppers

overlooked by major competitors.Which of the following best describes Favorite Memories' market targeting strategy?
A)undifferentiated targeting
B)custom marketing
C)differentiated targeting
D)concentrated targeting
E)mass customization
Business
1 answer:
oksano4ka [1.4K]3 years ago
7 0

Answer:

D) Concentrated Targeting

Explanation:

As Favorite Memories is a small company that specializes in serving women over the age of 50 who are special occasion gift shoppers overlooked by major competitors. They are using concentrated targeting very well and effectively. This is a marketing strategy where we target one particular segment which has been ignored and overlooked by the competitors.  

This strategy is mostly used by the small companies because they do not have much resources in order to compete at all fronts with the competitors. This strategy e helps small companies in developing their distinct and specialized niche market. Companies try finding the gap in the market and then a whole new market is established in that gap.

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Assume that the full-employment level of output is $2,000 and the price level associated with full-employment output is 100. Als
olya-2409 [2.1K]

Answer:

The correct answer is option a.

Explanation:

The full-employment level of output is $2,000.

The current level of output is $1,900.  

The current aggregate demand is $1,850.  

There is a need to increase the aggregate demand by $150 to reach full employment level.  

The government increases purchasing by $30.  

Increase\ in\ income\ =\ Change\ in\ government\ spending\ \times\ spending\ multiplier

\$ 150\ =\ \$ 30\ \times\ \frac{1}{1-MPC}

\$5 = \frac{1}{1-MPC}

1 - MPC = \frac{1}{5}

MPC = 1 - 0.2

MPC = 0.8

6 0
3 years ago
Both Projects A and B are acceptable as independent projects. However, the selection of either one of these eliminates the optio
Slav-nsk [51]

Answer: Mutually exclusive

Explanation:

In probability theory and logic, two propositions or events are disjoint or mutually exclusive if both events cannot occur at the same time. An example is the outcomes derived from the single toss of a coin which either be head or tail

In the project example given, the theory used is called mutually exclusive since both projects can not be chosen at the same time and it is only one project at w time. Mutually exclusive events are also called independent events since they have no effect on the viability of the other options.

4 0
3 years ago
Windsor, the owner of Windsor's Sandwiches contacts a new supplier Gary. He tells Gary that he will pay him $375 if Gary deliver
adelina 88 [10]

Answer:

Bilateral Contract

Explanation:

A bilateral contract is an agreement between two parties in which each side agrees to fulfill his or her side of the bargain.

The bilateral contract is the most common kind of binding agreement. Each party is both an obligor (a person who is bound to another) to its own promise, and an obligee (a person to whom another is obligated or bound) on the other party's promise. A contract is signed so that the agreement is clear and legally enforceable.

In this case Windsor promises to pay $375 and Gary promises to deliver 20 pounds of cheese.

4 0
3 years ago
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Dima020 [189]

1.tracking your spending 2.avoiding impulse purchases 3.using credit cards infrequently

4 0
3 years ago
Read 2 more answers
Inflation is problematic if a. it is less than the percentage increase in nominal income. b. it is less than the nominal return
zmey [24]

Answer:

It distorts relative prices, causing a misallocation of resources.

Explanation: Inflation is an economic term used to describe a situation in a country's market when there is a sudden rise in commodities sold in the market. Inflation can be as a result of an increase in demand of commodities sold in the market.

It has a negative effect, when the prices are distorted and the purchasing power is not properly allocated to the buyers.

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