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mars1129 [50]
3 years ago
10

To effectively positioning a product or brand, companies take four steps: (1) __________; (2) discover how target customers rate

competing products or brands with respect to critical attributes; (3) discover where the company's product or brand is on these attributes in the minds of potential customers; and (4) reposition the company's product or brand in the minds of potential customers.
Business
1 answer:
elena-s [515]3 years ago
7 0

Answer:

The step which is followed first is shown below:

Explanation:

The key or vital positioning of the brand or product effectively is to discover the perceptions of the customers. While determining the positioning in the companies as well as customers, it involve four steps, from which the first and foremost step which is to be taken is as:

Identify or Acknowledge the vital attributes for the class of the brand or the product.

This is the very first step while positioning the product or brand is to recogize the attributes necessary for the product class.

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Economics Unit 5 Study Guide
Alika [10]

The Government agency and the organizations are the groups that are facilitated for the working by the government, privately or with government support.

<h3>What is Government agency?</h3>

The Government agency and the organizations are the groups that are operated either privately or by the government for the operation of the task.

The Government agency is defined as a public organization with the task to complete the work for the government.

The Government Contractor is a private business that works for the completion of the government work.

The Government Corporation is given as the establishment for the independent operation of the goods and services supported by the government.

Learn more about Government agency, here:

brainly.com/question/11809859

#SPJ1

4 0
2 years ago
The Federal Reserve can: A. simultaneously set any money supply and any nominal interest rate target. B. set the target money su
adell [148]

Answer:

The answer is C.

Explanation:

The Federal Reserve acts as the Central Bank. And the tool it uses to control the economy is monetary policy and its tools are:

1. Reserve requirements

2. Open market operation

3. Discount rate(interest rate)

The Federal reserve can control the money supply in the eco economy through any of these tools.

For example, if Federal reserve wants to increase the money supply, they can do the following:

a) reducing the interest rate it lends commercial banks money, commercial banks too reduces the interest it charges businesses or households. With lower interest, households and businesses are encouraged to borrow, thereby increasing the money supply and vice-versa.

b) lowering the reserve requirements. Reserve requirement is the minimum balance commercial banks must have with the federal reserves. This is guided by law. Lowering the reserve requirements enable commercial banks to have more money to lend to their customers and vice-versa.

In all, Federal reserve use any of these tools to control money supply that is consistent with their target nominal interest rate.

4 0
3 years ago
A manufacturing company has budgeted production at 5,000 units for May and 4,400 units in June. Each unit requires 3 pounds of m
mario62 [17]

Answer:

$201,700

Explanation:

The budget production for May is 5000 units.

The total materials required for May will be no. of units multiplied by materials needed for each unit

=5000 x 3

=15000 pounds of materials

Materials required for June

=60% of (4400x 3)

= 60/100 x 13200

=7920 pounds of material

Total materials needed for May

= 15,000+7,920

=22,920 pounds

Purchases required will be

=22,920 - 2,750

=20170

Purchases in dollar value =20170 x $10

=$201,700

5 0
3 years ago
Read 2 more answers
Levi has always wanted to be a lawyer, but the top career cluster for him, according to his personal assessment, is the Arts, A/
son4ous [18]

Answer:

A) Giving up on being a lawyer

Explanation:

Just because some test told Levi he was good at the Arts, A/V Technology and communications cluster. Doesn't mean it he has to give up on his goal.

4 0
4 years ago
At Onyx incorporated, direct materials are added at the beginning of the process and conversions costs are uniformly applied. Ot
PIT_PIT [208]

Answer:

A $660,030

Explanation:

Total cost of units completed and transferred out = Units Completed and Transferred x Cost per Equivalent Unit

Therefore,

Total cost of units completed and transferred out = 117,000

5 0
3 years ago
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