Answer: PRODUCT DIFFERENTIATION
Explanation:
This is a marketing strategy that some companies employ whereby they aim to distinguish their products from that of competitors by giving it certain features that expound on its strength in the market.
This strategy can create a competitive advantage for goods that will ensure that the company maintains a dominant place in the market.
Answer:
$1,521,800
Explanation:
The computation of cost basis is shown below:-
Three cells cost price = 3 × $470,000
= $1,410,000
Combination of rate charges = $30,000 + $16,000 + $39,000 + $3,600
= $88,600
Wages of one foreman = wage per hour × weeks worked × hours per week
= $29 × 5 × 40
= $5,800
Wages of 4 foremen = 4 × $5,800
= $23,200
Three cells cost basis = Three cells cost price + Combination of rate charges + Wages of one foreman
= $1,410,000 + $88,600 + $23,200
= $1,521,800
Answer:
the International Trade Organization.
Explanation:
The Bretton Woods system was a post-World War II reconstruction plan which took place in New Hampshire to found three key institutions to promote capitalism, policy coordination and free trade respectively: the International Monetary Fund (IMF), the International Bank for Reconstruction and Development (IBRD), which later became the World Bank, and the International Trade Organization, which later became the World Trade Organization.
Qualitative forecasting model is a subjective technique based on opinions, judgement, emotions and personal experiences of consumers, used to forecast future data as a past function. This method does not rely on any mathematical computations or calculations. It is mainly used when a situation is vague or little data exists about a new product or technology.
