I think the most appropriate answer would be C.
I hope it helped you!
Answer:
Non-price competition
Explanation:
Non-price competition is when producers use other factors other than the price of their good or service to raise the demand for their product.
Optimax is trying to increase its market share by changing the container for its product. This is non price competition.
Price war is when producers lower the price of their goods in an attempt to increase the demand for their product.
Price leadership is when the dominant firm in an industry sets the market price.
I hope my answer helps you
Answer:
Forecasted sales: 25% maximum reduction.
Recommendations: try new ways to increase sales during the months left, or reduce its own cost.
Explanation:
- If sales usually increase between March 1 and June 30, and this period accounts for 50% of annual revenue, if revenue is proportional to sales, a reduction in sales will reduce revenues.
- Between March 1 and June 30 there are 4 months.
- If sales usually pick up in March and this year they were low until the beggining of May, it means that only 2 of the 4 most productive months were higly productive.
- If 50% of sales are concentrated in this 4 months, and this year 2 of the 4 months were not really productive, a maximum 25% of sales (and hence of revenues) may have lost.
- Therefore, revenues may lower by 25% this year.
- To avoid losses, it is advisable to try new ways to increase sales during the months left, that can consist on doing some advertisement and promotions (related to health care linked to exersice for example), that helps increasing sales in the months left, to compensate the looses of the 2 months. If sales cannot be increased, it is advisable to reduce cost to avoid further looses.
Answer:
The appropriate solution is "764".
Explanation:
Given:
Demand per month,
D = 405
or,
= ![405\times 12](https://tex.z-dn.net/?f=405%5Ctimes%2012)
= ![4860](https://tex.z-dn.net/?f=4860)
Ordering cost,
S = $15
Holding cost,
H = $0.25
As we know,
⇒ ![EOQ=\sqrt{\frac{2DS}{H} }](https://tex.z-dn.net/?f=EOQ%3D%5Csqrt%7B%5Cfrac%7B2DS%7D%7BH%7D%20%7D)
⇒ ![=\sqrt{\frac{2\times 4860\times 15}{0.25} }](https://tex.z-dn.net/?f=%3D%5Csqrt%7B%5Cfrac%7B2%5Ctimes%204860%5Ctimes%2015%7D%7B0.25%7D%20%7D)
⇒ ![=\sqrt{\frac{145800}{0.25} }](https://tex.z-dn.net/?f=%3D%5Csqrt%7B%5Cfrac%7B145800%7D%7B0.25%7D%20%7D)
⇒ ![=\sqrt{583200}](https://tex.z-dn.net/?f=%3D%5Csqrt%7B583200%7D)
⇒ ![=763.67](https://tex.z-dn.net/?f=%3D763.67)
or,
⇒ ![=764](https://tex.z-dn.net/?f=%3D764)
Answer:
Market fragmentation
Explanation:
Based on the information provided within the question it can be said that the diversity of consumers for cereal is an example of Market fragmentation. This term refers to the concept that all markets are diverse and are made up of various parts that reflect the different aspects of a consumer, such as their wants, needs, and habits. Which in this case is illustrating the various difference in consumer habits for a single product.