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cluponka [151]
3 years ago
14

Estee Lauder advertises a new facial cream by putting free samples of the cream in a magazine. The extent to which a product or

innovation can be used on a limited basis prior to making a full-blown commitment is referred to as its: ___________________.
a) Relative advantage.
b) Compatibility.
c) Observability.
d) Trialibility.
Business
1 answer:
Jobisdone [24]3 years ago
3 0

Answer:

d) Trialibility.

Explanation:

Under trialibility a customer can take trial of the product and then, take a decision whether to adapt the product or not.

In this manner, company saves itself from launching the product at complete market level, and incurring cost at the same level.

In the given instance also, company, launches the product on a trial basis and the launch is limited to specific users, that is the product is on trial and then the launch will be made at full commitment only when the trial period will be successful.

Therefore, correct term is

Trialibility

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Darina [25.2K]

Sales promotion mix element stimulates purchase directly through an incentive to buy, such as a coupon or rebate.

<h3>How does sales promotion work?</h3>
  • Sales promotion is one of the components of the promotional mix.
  • Sales promotion is a marketing strategy where a company would utilize brief-term campaigns to generate interest and demand for a product, service, or other offerings.
  • Advertising, personal selling, direct marketing, and publicity/public relations make up the bulk of the promotional mix.
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3 0
1 year ago
Suppose that the quantity of DVD players sold increased from 200 to 400 when the price fell from $225 to $175. Over this price r
Nataly_w [17]

Answer:

Option D.

Explanation:

Given information:

Q_1=200, Q_2=400

P_1=225, P_2=175

Formula for price elasticity of demand is

E_d=\frac{Q_2-Q_1}{P_2-P_1}\times \frac{P_1+P_2}{Q_1+Q_2}

Substitute the given values in the above formula.

E_d=\frac{400-200}{175-225}\times \frac{225+175}{200+400}

E_d=\frac{200}{-50}\times \frac{400}{600}

E_d=-\frac{8}{3}

E_d\approx -2.67

Absolute value is

|E_d|= |-2.67|=2.67

The absolute value of the price elasticity of demand for DVD players is 2.67.

Therefore, the correct option is D.

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3 years ago
Someone taking a course in Web design is affecting what factor of production?
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Answer:

Someone taking a course in Web design is affecting human capital.

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Do all choices have costs?
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For every choice you make, you are sacrificing something else. For example, when you choose to buy a new phone, you are sacrificing buying a new laptop. The opportunity cost of buying the phone, is the cost of the laptop. Therefore, evey choice has a cost, because in every choice, there is a sacrifice
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The definition of technology is the software of scientific information for practical functions or packages. Era makes use of medical concepts and applies them to exchange the environment in which people stay. Technology can also use clinical concepts to advance industry or different human buildings.

Information technology is critical in our lives as it enables us to address ordinary dynamic matters. Technology offers numerous tools to enhance improvement and exchange statistics. Both these things are the goal of IT to make obligations simpler and to clear up many issues.

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