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enot [183]
3 years ago
15

Product differentiation that makes the product better for some consumers and worse for others is A) always welfare decreasing. B

) vertical differentiation. C) horizontal differentiation. D) never undertaken by firms.
Business
1 answer:
Citrus2011 [14]3 years ago
8 0

Answer:

C) horizontal differentiation.

Explanation:

Marketing mix can be defined as the choices about product attributes, distribution strategy, communication strategy, and pricing strategy that a firm offers its targeted markets.

Generally, a marketing mix is made up of the four (4) Ps;

1. Products: this is typically the goods and services that gives satisfaction to the customer's needs and wants. They are either tangible or intangible items.

2. Price: this represents the amount of money a customer buying goods and services are willing to pay for it.

3. Place: this represents the areas of distribution of these goods and services for easier access by the potential customers.

4. Promotions: for a good sales record or in order to increase the number of people buying a product and taking services, it is very important to have a good marketing communication such as advertising, sales promotion, direct marketing etc.

Hence, product differentiation that makes the product better for some consumers and worse for others is horizontal differentiation.

On the other hand, vertical differentiation makes it good for all of the customers.

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The following are selected operating data for Jackson Company's Blending Department for November 2019. Painting and packaging op
qwelly [4]

Answer:

Material - 34,100 units

Conversion - $33,500 units

Explanation:

The computation of equivalent units for material and the conversion cost is shown below:

For material:

= completed units × percentage of completion + Ending inventory units × percentage of completion

= 33,500 units × 100% + 1,500 × 100%

= 33,500 units + 1,500 units

= 35,000 units

For conversion:

= completed units × percentage of completion + Ending inventory units × percentage of completion

=  33,500 units × 100% + 1,500 × 40%

=  33,500 units + 600 units

= 34,100 units

where,

The completion units = Beginning inventory + complete Started and completed

= 2,500 units + 31,000 units

= $33,500 units

8 0
3 years ago
A number of political leaders have expressed concern about the nation's decline as a major steel producer. Many have advocated p
Volgvan

Answer:

B) the substitution of domestic steel for foreign steel absorbs resources that would otherwise produce goods of greater value

Explanation:

This type of policy is really controversial since politicians like to announce public policies that may help their constituents on the short run, but will eventually end up damaging them and the whole country on the long run.

A clear example is coal mining. Coal mining was praised during the last election and even though some new jobs have been created in that industry, the overall effect in the country is extremely negative and offsets any positive outcome. Coal mining results in heavy pollution and it is also not economically profitable. The resources invested in coal mines could generate much higher benefits for everyone, investors, workers and the government if they were used to finance some other activity.

Currently the government has limited the imports on foreign steel and the domestic production hasn't been able to increase enough to cover the manufacturing needs of American companies and it resulted in higher steel prices and an increase in manufacturing costs.  

Market rules apply to everyone and every country. Sometimes it is not possible to produce certain goods at a competitive price no matter how hard we try and the country's well being is negatively affected. Much better results can be obtained by focusing on certain industries where American businesses really excel instead of always trying to favor inefficient industries that have a high lobby power.

3 0
3 years ago
Inventory costing methods place primary reliance on assumptions about the flow of.
Elanso [62]

Inventory costing methods place primary reliance on assumptions about the flow of goods

4 0
3 years ago
Homelife, a national chain of high-end furniture stores, employs nearly 800 workers. In the past few years, the company's market
meriva

The option that's least relevant to develop the reward strategy is C. What were the results of the most recent Homelife customer review ratings?

A reward strategy simply means the designing and implementation of reward policies that are vital in supporting the objectives of an organization.

In this case, it's important to know the compensation programs that should be used to reinforce necessary employee behaviors and how well Homelife's current compensation program matches the company's strategic aims.

It should be noted that the results of the most recent Homelife customer review ratings don't matter in the reward strategy.

Learn more about reward strategy on:

brainly.com/question/25284035

3 0
3 years ago
Unearned revenues are generally: Multiple Choice Revenues that have been earned and received in cash. Increases to common stock.
Leto [7]

Answer:

i dont get it, is there a question?

Explanation:

6 0
3 years ago
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