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Alona [7]
3 years ago
5

Volten Inc. is an apparel store. It has separate sections for casual wear, office wear, and party wear. It offers a broad select

ion of clothing across various price ranges to accommodate consumers at different income levels. In this way, Volten caters to different socioeconomic groups. Volten targets its market segments using _____ as its base for product positioning.
a. product class
b. application
c. competitor
d. product user
Business
1 answer:
yarga [219]3 years ago
4 0

Answer:

The answer is: D) product user

Explanation:

Product user segmentation refers to the marketing practice of dividing potential customers into segments based on the characteristics they might share, for example: shared behavior, workplace, leisure activities, hobbies, etc.

Usually the better you know your customers, the better you can divide them into segments, although one single customer may apply to all of them.

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Yes John would be able to register by making use of the special election period.

<h3>What is the special election period?</h3>

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7 0
2 years ago
Organizational portfolio plan, the final phase of the strategic planning process, involves?
Mnenie [13.5K]

The main purpose of organizational portfolio plan is to ensure that the high-level strategy that the organization is implementing translated to an actual workable plan that is measurable and specific enough to be executed by the relevant business functions responsible.

A gap between strategy and executed plans are a very common business problem to encounter in various industries. Thus, the best answer for the question is (A) identifying strategic business units (sbus) and establishing methods to determine how resources should be allocated among the various sbus.

3 0
3 years ago
Suppose nominal GDP in the base year was $380 million. Five years later, nominal GDP was $480 billion and the GDP price index wa
Ostrovityanka [42]

Answer: increased by $20 billion

Explanation:

Real GDP is year of interest is:

= (Nominal GDP in year of interest/ GDP Price index in year of interest) * 100

= 480/120 * 100

= $400 billion

Nominal GDP is equal to Real GDP in base year so increase in real GDP is:

= 400 - 380

= $20 billion

6 0
3 years ago
The "principal-agent problem" often arises in public choice when politicians pursue the best interests of their constituents
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<span>The "principal-agent problem" is when one person can make a decision on behalf of someone else that impacts the "principal". The agent works to favor the interests of the principal and receives incentives for doing so in return. The agent can get into a conflict of interest or make morally wrong decisions in favor of the principal they are helping. </span>
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3 years ago
When mcdonald’s introduced its low-fat mclean deluxe hamburger, it used __________ to avoid direct competition with wendy’s and
Anni [7]
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8 0
3 years ago
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