Answer:
C
Explanation:
more foreign currency, and so buys fewer foreign goods.
Answer:
D. focused differentiation strategy
Explanation:
Focused differentiation strategy is a type of strategy employed by a company or business, whereby a particular small group of customers are targeted and provided with differentiated products that cannot be easily gotten elsewhere. This type of strategy is usually effective in a market where competition is limited, such as can be seen in the market of organic products and foods.
The scenario as described in the question above, suggest that <u><em>Organic Eats is following a focused differentiation strategy</em></u>, as they target only a small percentage of consumers that are highly health-conscious, and also provide a differentiated product consisting of an all-organic, vegan menu. There is also limited competition from other competitors as there are few restaurants that offer the same unique services that Organic Eats offer.
Offering regular customers discounts on products is known as an external incentive.
Option D
<u>Explanation:</u>
External incentives can be defined as the form of additional bonus, products, loyalty services or exclusive deals. Incentives help in developing the brands in the following areas,
- Trust-worthy relationship
- Stimulating impulsive purchases
External incentives acts as simulator in boosting the business levels; improving the brand and increasing the sales. For example, offering free mints after a meal in restaurants would attract more customers to the restaurant.
Answer:
The interest expense is $53887.8
Explanation:
Given the annual payment made by Blossom in the beginning of the year is $17000.
The interest expense have to determined:
The present value of lease payment = $708878
The payment made on the beginning of year = $170000
Outstanding principal amount as on 31 december 2021, 708878 – 170000 = $538878
Given effective interest rate is 10%
Now calculate the interest expense.