The branding Strategy that was used by Hormel is known as the multi product branding.
<h3>What is branding?</h3>
It should be noted that branding simply means the process of creating a strong, positive perception of a company.
In this case, the branding srategy that was used by Hormel is known as the multi product branding.
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Answer:
The main economic benefit that debt rescheduling has for developing countries is that it changes principal and interest payments to more favorable conditions.
This means that after the reschedule, developing countries will have to put less resources into the payments of public debt, which allows them to have more resources available for other public investments like education, healthcare, and infraestructure.
Answer: Secondary source of market research (external source)
Explanation: when an individual makes use of public information which have been collected by others in his or her research, such source is refered to as a secondary source. It is also called eternal source in market research, this can be gotten from company's websites, market research reports, trade publications etc. All this information can easily be accessible using the internet at small to no cost at all.
So Jamie made use of secondary source (external source) in his market research assignment.
Nike is the world's largest company in the footwear market and has the biggest market share in the USA.
Explanation:
Nike has a mammoth share of 29% in the global market and has even greater of a monopoly in the USA for footwear markets.
This monopoly comes at the expense of its competitors like Adidas that are relegated to the global second in almost all spots by the Nike market share.
Nike has been worn more throughout history and its smart brand tactics have kept the market in the USA as alive as it was before and with constant demand for the shoes of all ranges.
Answer:
B. To weigh the various alternatives and choose a course of action
Explanation:
The major steps involved in a proper decision-making process include; Identifying the problem, understanding the problem by obtaining the necessary information, developing alternatives, choosing the best alternative that would address the ethical issue at hand, and implementing the best alternative.
The aim of the entire process of decision-making would be faulted if at the end, a course of action is not taken. The decision made at the end of the day, should address the initial concern raised. This decision would also need to be reviewed to ensure that it is the right step.
Determining ways to maximize profit for the company may not be the issue at hand, as several factors could inform the decision making process.
