Answer:
Chobani would be successful and have economies of scale
Explanation:
After working for a few years on its Greek yogurt product, Chobani decided it eventually wanted to mass-market through grocery stores. After distributing through smaller stores, their word-of-mouth promotions and online presence began driving customer demand. Hamdi Ulukaya made a pricing decision early on to offer the yogurt for around $1. Hamdi Ulukaya made that decision purely to achieve economies of scale. He wanted take advantage related with the cost of the product. By increasing the sales, scale of operation therefore, can be increased and enhanced which in turn definitely will decrease the per unit cost of the yogurt. In this way, he wanted to go for market control as well. He wanted to be the market leader therefore, it could have been very hard for the competitors to chase his sales down eventually. He applied this phenomenon to the whole company from its pant to production and then to overall company as well. Economies of scale mostly are very much effective particularly for the convenience consumer goods.
Answer:
a. Commercial banks ⇒ Loans from these institutions are in high demand but given only to those who are good credit risks.
b. Consumer finance companies ⇒ These institutions are known as small loan companies with most loans for $5000 or less.
c. Credit unions ⇒ These are nonprofit organizations whose loan interest rates are relatively low.
d. Savings and associations ⇒ These institutions mainly make mortgage loans.
e. Sales finance companies ⇒ These institutions generally offer higher interest rates than many other types of institutions because the vendor of the item being financed arranges the financing and must be paid for that service.
f. Life insurance companies ⇒These institutions usually carry variable interest rates and need not be paid back.
Mixed because if everything its mixed up you won't no how much u have of something.
Answer:
D. InFocus conducts focus groups to determine its target market.
Explanation:
Just took the test!
Here, the company objective does best reflect the competitor-oriented type of pricing.
The process of fixing/determining a product price is very important in an organziation because it takes into consideration the cost incurred and profitability.
The competitor-oriented type of pricing is a pricing approach that considered its pricing based on other competitors price.
Therefore, the process of Fizzy Drinks Inc in deciding to be the lowest price competitor in the soft drink market is an example of competitor-oriented approach of pricing.
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