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ludmilkaskok [199]
3 years ago
7

Amos does not want to find new customers or create new products. instead, he is opening more stores and improving the marketing

mix--more intriguing advertising, better pricing, better reward program, better in-store service, better store ambience, etc. what strategy is he using
Business
1 answer:
GarryVolchara [31]3 years ago
8 0

This is known as <u>market penetration-</u> instead of expanding his market to new customers or products he is doing a deeper development of the customers he already has to increase loyalty and sales.

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Answer: Fall in revenue

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rE = 0.1486 or 14.86%

Explanation:

The expected rate of return of a stock is the mean return that is expected to be earned by the stock considering the different scenarios that can occur, the return in these scenarios and the probability of the occurrence of these scenarios. The formula for expected rate of return of stock is,

rE = pA * rA  +  pB * rB  +  ...  + pN * rN

Where,

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Answer:

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