Answer: intensive distribution
Explanation: In simple words, it refers to a marketing strategy under which a company offers its product through as many outlets as possible in the market so that customers can easily find their product when in need.
The core objective of implementing thus Strategy is to make customer satisfied regarding the availability. These strategy is implemented for the products that already have a strong customer base.
Hence from the above we can conclude that the correct option is B.
Answer: Company should not expand to either.
Explanation:
Find the expected values of expanding to either country and pick the country with the highest expected value:
China:
= ∑(Probability of outcome * Outcome)
= (20% * 2,000,000) + (30% * 1,000,000) + (50% * -2,000,000)
= -$300,000
Vietnam:
= (70% * 1,000,000) + (30% * -2,500,000)
= -$50,000
<em>Both countries result in an expected loss so company should not expand to either of them. </em>
Answer:
Look at the explanation
Explanation:
<u>Advantages:</u>
1. Measure profit and losses at different levels of production and sales.
2. Predict the effect of cost and efficiency changes on profitability.
<u>Disadvantages:</u>
1. Assumes that sales prices are constant at all levels of output
2. Break even charts may be time consuming to prepare.
Hope this helps! :)
Any market could benefit from the pricing approach known as price elasticity of demand, particularly if it can attract customers.
How a change in price impacts consumer demand is assessed using the price elasticity of demand.
A product is deemed inelastic if people continue to buy it in spite of a price increase (such as with cigarettes and fuel).
Contrarily, elastic goods are subject to price changes (such as cable TV and movie tickets).
The formula: % Change in Quantity % Change in Price = Price Elasticity of Demand can be used to determine price elasticity.
You can determine whether your product or service is responsive to price changes using the idea of price elasticity. Your product should ideally be inelastic, meaning that demand won't change even if prices do.
Learn more about price elasticity of demand here.
brainly.com/question/28203114
#SPJ4
