Answer:
The correct option is D) Looking across complementary offerings
Explanation:
There are about 6 well-known paths to achieving a <em>Blue Ocean Strategy.</em>
Generally, the Blue Ocean Strategy (BOS) seeks to avoid locking horns with the competition by identifying niche areas that are critical to the attainment of a competition-free space. According to the BOS took kit, there are 6 paths to achieving a blue ocean strategy.
One of them is called looking across complementary offerings.
Another term for the Curve is Value Ramp. Value Ramp simply refers to a methodology for evaluating one's service/product offerings. It consists of a graph that plots a curve sloping upwards from left to right, showing the relationship between price and the value or perception of value being delivered by the business.
The principle offered here stated that the higher the perception of one's brand, the more one should be able to charge for their services.
Value is thought to increase as the business delivers more and more personalized services in a relationship-oriented fashion rather than generic products and services which are readily available off the shelf in most cases.
Cheers
Answer:
If the demand for the product or services goes down
Explanation:
A reduction in demand for a good or service results in a decline in its price. As per the law of supply and demand, a decline in demand while holding other factors constant pushing the equilibrium price down. Reduced prices mean that the revenues obtained from the sales of the product or service will decline.
Hiring an extra worker when the demand is low will lead to losses. Low demand causes low prices, which implies that the cost of the new employee will be greater than the benefits obtained from the worker. A reduction in prices will mean that the marginal product of labor will be lower than the cost of labor.
Answer: A non profit organization
Explanation: A non profit organization is an establishment created to perform efficiently and effectively, without necessarily making profit as its aim.
They most times function in the area of humanitarian needs, health and medicine, financially empowering the unemployed in communities.
The non profit organization are most times sponsored by government of nations, international bodies ( such as UN, WHO, UNESCO).
Answer:
Yes, it was a marketing exchange
The payment made of the tuition was exchanged for the knowledge that led Marissa to the new paid and satisfactory job.
Explanation:
Given that changing means taking one thing for another, in the context of marketing, we understand by exchange relationship an act of communication where the parts involved (two or more) make the offer and reciprocally deliver something of value ( comparison with other objects) and useful (measure of the satisfaction obtained when receiving something of value) that passes to the other part.
Answer: less than the multiplier effect of a change in government spending.
Explanation:
The multiplier effect of government transfers refers to the measure by which the aggregate demand will increase by as a result of government transfers increasing.
This multiplier is less than the multiplier effect of a change in government spending. This is because government spending affects more people in the economy as it targets both companies and consumers. Government transfers on the other hand, target only welfare and unemployment payments amongst others so it cannot have the same effect as government spending.
