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Mashutka [201]
4 years ago
10

A house cleaning company, Speedy Clean, has identified three possible market segments for their services. To evaluate if the seg

ments will be successful, Speedy Clean should determine if each segment is:________.a. identifiable and measurable.
b. responsive.
c. perceptive.
d. accessible.
Business
1 answer:
riadik2000 [5.3K]4 years ago
5 0

Answer:

a. identifiable and measurable.

b. responsive.

d. accessible.

Explanation:

Market segmentation is defined as the process of grouping of consumers based on some shared characteristics with the aim of effectively targeting this group to buy a companie's goods and services.

After segmentation Speedy clean should do the following to make sure segments are successful.

First of all they need to be identifiable and measurable, is the segment identified by a characteristic for example age group. And is the segment measurable so we can estimate the number of potential customers.

We also need to ask is the segment responsive to marketing efforts that will be applied to the group.

Finally is the segment accessible by the company for ease of delivery of goods and services.

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a. When other car manufacturers begin to make SUVs, the price elasticity of demand for Ford's SUV will increase. This is because the options consumers have has also increased.

b. When import is banned, the price elasticity of demand for Ford's SUVs will decrease. This is because there are less substitutes for  Ford's SUVs. Consumers would now have limited choices.

c. As a result of the ad campaigns,  the price elasticity of demand for Ford's SUVs will decrease. This is because other cars would be considered to be les safe when compared with the Ford SUVs.

d. Overtime, the price elasticity for Ford Cars will increase as there would be more substitutes

Price elasticity of demand measures how quantity demanded responds to changes in the price of a good

<em>Types of price elasticity </em>

  1. Elastic demand : this means that quantity demanded is sensitive to changes in price. Coefficient of elasticity is greater than 1
  2. Inelastic demand : this means that quantity demanded does not respond much to change in price.  Coefficient of elasticity is less than 1

To learn more about demand elasticity, please check: brainly.com/question/13565779?referrer=searchResults

8 0
2 years ago
Many firms pursuing a(n) ____ pricing strategy on an international scale will price low worldwide in attempting to build global
aniked [119]

Answer:

b. experience curve

Explanation:

The Experience curve is the curve that shows the representation of the opposite relationship that lies between the total value added and the cost that company experience in the manufacturing and marketing

Therefore as per the given options the option B is correct as it fits to the current situation

Hence, the correct option is b.

5 0
3 years ago
Why do people use impression management?
Jlenok [28]

Answer:

Letter B is correct. They are sensitive about how others see them.

Explanation:

Impression management is a psychological and sociological technique that people consciously or unconsciously use to make a predetermined impression of themselves in a self-presentation. This technique is used to influence one person's perception of another, behaviors are predetermined, information about oneself can be omitted or maximized to achieve the goal of controlling and impressing a social interaction.

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Nimfa-mama [501]
C. Bar chart , It’s a better visual to see the different votes the classmates chose for their 4 field trip options.
7 0
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Kurtz Fencing Inc. uses a job order cost system. The following data summarize the operations related to production for March, th
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Answer:

The solution is shown in the file attached below

Explanation:

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8 0
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