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alexandr402 [8]
2 years ago
14

Choose an existing product or service (not the same as your Course Project), and write a one-page summary that answers the follo

wing.
Who are the target customers? What do the target customers want? What other products, companies, or disruptive technologies is it competing with? Does the company that produces it have a customer-focused culture? If so, how? If not, how would you recommend it do so?
Business
1 answer:
vitfil [10]2 years ago
8 0

Answer:

Apple Iphone.

Target customers are the wealthy class of the society, the target customers are mostly in search for a good brand name when they want to buy something, Apple Iphone is mostly competing with Samsung where both make additions to the phones for new features according to the customers needs. I think Apple is not having a customer focusing culture because the most recent launch of the phone only comes with a phone and the charger for the phone is to be purchased separately, they present this change as environmental friendly but the customers need to buy a charger when they buy a phone which can be frustrating. Apple can include the charger with the phone and combine the price for both as the customers are not looking for lower prices in fact they are looking for a good brand.

Explanation:

Apple Iphone.

Target customers are the wealthy class of the society, the target customers are mostly in search for a good brand name when they want to buy something, Apple Iphone is mostly competing with Samsung where both make additions to the phones for new features according to the customers needs. I think Apple is not having a customer focusing culture because the most recent launch of the phone only comes with a phone and the charger for the phone is to be purchased separately, they present this change as environmental friendly but the customers need to buy a charger when they buy a phone which can be frustrating. Apple can include the charger with the phone and combine the price for both as the customers are not looking for lower prices in fact they are looking for a good brand.

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Jake nickells crowdsourcing approach to his business initially kept the business finances under control in all of the following
svetlana [45]

Answer:

It eliminated the need for fixed costs.

Explanation:

3 0
2 years ago
What is product positioning?
Kruka [31]
Product positioning is the process of deciding and communicating how you want your market to think and feel about your product
3 0
2 years ago
Which of the following BEST describes a distinctive competency of a​ firm?
arlik [135]

Answer:

C. A capability that is superior to the competition

Explanation:

Distinctive competency of a firm simply refers to a firm’s unique capability which makes the firm stand out in an area (areas such as marketing activities, technology etc) among their competitors. Distinctive competence makes a firm have an advantage over others, as well as perform better than other competitors.  

For example, the distinctive competency of Apple is their ability to create well-designed products that are customer-centric and friendly to use.

5 0
2 years ago
Mortgage banks typically will attempt to sell loans as quickly as possible after they are originated by either issuing mortgage
Lemur [1.5K]

Answer:

A) mortgage pipeline.

B) mortgage

Explanation:

Mortgage banks typically will attempt to sell loans as quickly as possible after they are originated by either issuing mortgage securities or selling the loan to an intermediary that will subsequently sell the loan in the secondary market. The period between loan commitment and loan sale is referred to as the mortgage pipeline.

A mortgage pipeline refers to mortgage loans that are locked-in with a mortgage originator by borrowers, mortgage brokers, or other lenders. <u>A loan stays in an originator's pipeline from the time it is locked until it falls out, is sold</u> into the secondary mortgage market, or is put into the originator's loan portfolio.

7 0
3 years ago
Panda Cafe earned net income of $ 69 comma 000 after deducting depreciation of $ 3 comma 000 and all other expenses. Current ass
kompoz [17]

Answer:

Panda Cafe's cash provided by operating activities​ is 82.000

Explanation:

The indirect method involves the adjustment of net income with changes in balance sheet accounts to arrive at the amount of cash generated by operating activities.

It depends on the account if it is added or subtracted to net income. In this case ,  all of them are added to the net income.

Net income 69.000

Adjustment to reconcile the net income to cash  

+ Depreciation expense 3.000

+ Increase in current liabilities  8.000

+ Current assets decreased 2.000

 

Net cash 82.000

4 0
3 years ago
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