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
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.

You might be interested in
_______________ involves you imagining yourself achieving your final goal.
otez555 [7]
I’d say Outcome visualization since it involves seeing yourself achieving your goal.
3 0
2 years ago
Read 2 more answers
The executives for New Haus LLC set the retail objective for the company. These objectives are broken down in order to create th
yaroslaw [1]

Answer:

Top-down planning

Explanation:

Top-down planning  -

It refers to the method planning , where the goals are bifurcated and placed according to the hierarchy from top to bottom , is referred to as top - down planning .

As breaking and arranging the goals , make the process to accomplish the goals in a better manner .

The process require the movement from higher level to lower level , in a very orderly manner to hasten the process .

Hence , from the given scenario of the question ,

The correct answer is Top-down planning .

4 0
3 years ago
The increase in unemployment that occurs during recessions and depressions is called Group of answer choices normal unemployment
belka [17]

Answer:

cyclical unemployment.

Explanation:

Unemployment rate refers to the percentage of the total labor force in an economy, who are unemployed but seeking to be gainfully employed. The unemployment rate is divided into various types, these include;

I. Cyclical unemployment rate (CU).

II. Frictional unemployment rate (FU).

III. Structural unemployment rate (SU).

IV. Actual unemployment rate (AU).

V. Natural Rate of Unemployment (NU).

A cyclical unemployment can be defined as a type of unemployment which is typically related to changes in the business, economy or industry cycle such as recession, governmental policies etc.

Mathematically, cyclical unemployment rate can be calculated using the formula;

Cyclical \; unemployment \; rate \;  (CU) = Actual \; unemployment \; rate \; (AU) - Natural \;unemployment \; rate \; (NU)

Hence, the increase in unemployment that occurs during recessions and depressions is called cyclical unemployment

7 0
3 years ago
When Galaxy Ventures, a real estate company, entered the low-cost housing business, the market was already saturated with other
GenaCL600 [577]

Answer:

The answer is Late-mover disadvantages

Explanation:

A late mover is a company that enters a business some time after the business pioneers and early followers.

From the question above, Galaxy Ventures is a late mover in the low-cost housing business. They were at a huge disadvantage, and this includes:

  • First of all, lack of customer loyalty and substantial dividends (from the question).
  • The pioneers and early followers can set the business standards which may be difficult for a late mover to follow.
  • The pioneer can easily create entry barriers that a late-mover might find difficult to break.

3 0
3 years ago
How do u know charmed life caitlin's lucky charm is fiction?
Diano4ka-milaya [45]
I don't know that book, but you know something is fiction when it's something that simply can not happen in real life, also if it's based on a character, like Sammy took a bath when he finished playing soccer, unlike dolphins are mammals, which is nonfiction. Hope this helps! Please rate brainiest answer!
7 0
3 years ago
Other questions:
  • The law of increasing costs means that when an economy increases the production of one item
    14·1 answer
  • How much TOTAL (principle and interest) will be paid over the life of the following loan: $185,000 loan; 7% annual interest (mon
    5·1 answer
  • A loss-purchase buy and sell agreement among three partners, funded with individual life insurance, would require how many polic
    6·1 answer
  • Which of the followint is a type of primary research
    11·2 answers
  • If analytical procedures are performed with no indications of likely​ misstatements, ARIA will​ ________ and the sample size wil
    5·1 answer
  • Assume there is no leakage from the banking system and that all commercial banks are loaned up. The required reserve ratio is 10
    13·1 answer
  • Write about your last week ( over 50 words)​
    7·2 answers
  • Personal finances-- multiple choice!
    10·2 answers
  • Factors of production ​
    12·1 answer
  • A borrower sued a foreclosure consultant for violating the mortgage foreclosure consultant law. the borrower may receive actual
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!