Netflix's products are targeted towards the lower-middle class and up, specifically targeted to people (or households) with income levels of $30,000 and up. In addition, Netflix offers movie and TV titles that appeal to many racial/ethnic groups with its array of foreign and international films.
A great example of market saturation is Netflix. While new streaming services are in the introduction and growth stages, the market originator has reached its saturation point.
In the fourth quarter of 2019, Netflix accounted for 40% of the market. By Q3 2020, it was at 36%. Below is where each major streaming service stands in market share in the US as of Q4 2020, according to data from Antenna: Netflix — 34%
Answer: False
Explanation:
Total Revenue is the total amount that is received in return on sales of goods and services.
It is calculated as Price multiply by Quantity.
If the price of a product increases the revenue would also increase ceteris paribus( all things being equal). If the price of a product was $10 and 4 units were purchased Total revenue would be $40 and if price increases to $20 and 4 units were still purchased total revenue would be $80 assuming that we’re not taking into consideration any other factor like elasticity or type of good.
If price increases revenue increases too.
The answer would be B. If you improve areas of weakness, you will become a stronger candidate for the job.
Answer:
d. Some other amount - $11,000
Explanation:
Investing activities: It records those activities which include purchase and sale of the long term assets
. The purchase of long term assets is an outflow of cash and the sale of long term assets is an inflow of cash
The computation of the sale of plant assets is shown below:
= Sale value of equipment - accumulated depreciation + gain on sale of equipment
= $18,000 - $9,000 + $2,000
= $11,000
Answer:
Consumer Insights
Explanation:
After reviewing the existing data on seasonal spending by his company's customers, Lucas decided that he needed to collect new information to address his particular research questions. Lucas will need <u>Consumer Insights</u> data to address the questions in his marketing research study.
<u>Consumer insights research does more than tell you about who your customers are and what they do.</u> It reveals why customers behave in certain ways and helps you leverage that to meet your business goals.
This type of market research can help Lucas<u> anticipate consumer needs, spark innovation, personalize your marketing, solve business challenges, and more.</u>
