Answer: introduce more differentiation
Explanation: Product differentiation is a method of using various tactics to make a product stand out from the rest of the similar products sold by a competitor, in an effort to make it more appealing to its customer base. This means differentiating the product so much, that it will make it more attractive for customers to buy. This can be anything from making the product's packaging more aesthetically appealing, including some form of a bonus/gift for purchasing the product (like getting a free toy in each cereal box) etc. In the end by applying product differentiation the one company will increase the customer benefits of purchasing this product from them, hereby gaining a competitive advantage over the other company.
Answer:
$1,248
Explanation:
The current premiums are $975, which is equivalent to 100%. The new premium will increase by 28%.
New premiums will be $975% plus 28%, which is equal to 128% of $975
= $975 x 128/100
=$975 x 1.28
=$1,248
The answer for the blink would be Zero-based budgets.
The number one reason for failure of a new business is poor management.
Hope that helped! (:
Joann, most likely, has Point of Services type of insurance plan. There are six types of the insurance health plans that differs by their premium and benefit. The HMO plan, the PPO plan, the EPO plan, and the Point-of-Service Plan (POS) are the types of insurance plan that shares a similar benefit. However, the POS plan gives the most freedom in term of health providers. Thus, POS plan is the most suitable answer.
