Answer:
d. Differentiation
Explanation:
Under differentiation strategy, the company differentiates it's products from those of the competitors by the addition of unique attributes which gradually create brand loyalty for such products.
Product differentiation can be accomplished by different packaging, labeling or using different promotional strategies.
Such differentiation may lead to the brand gaining competitive advantage.
In the given case, Armani employs product differentiation strategy for it's products which are targeted at niche category of customers i.e royal customers.
Answer:
The annual cash flow using the gross book value method is $18,000
Explanation:
In order to calculate the annual cash flow using the gross book value method we would have to calculate the following formula:
annual cash flow=( value of new machine*ROI)/100
Value of the new machine=$120,000
ROI=15%
annual cash flow= ($120,000* 15%)/100 =
annual cash flow=$18,000
The annual cash flow using the gross book value method is $18,000
Answer:
Profit will increase by $2.3
Explanation:
Data provided in the question:
If instead of grooming 130130 dogs, he grooms 131131 dogs
Marginal cost = $65.82
Marginal revenue = $68.12
Now,
The effect on his profits of grooming 131 dogs instead of 130 dogs will be:
Change in profit = Marginal revenue - Marginal cost
or
Change in profit = $68.12 - $65.82
or
Change in profit = $2.3
Hence,
Profit will increase by $2.3
Answer:
B) overt branding practices
Explanation:
Generation Y is the group of people who were born between 1990s to early 2000s. Probably most commonly known as millennials.
Statistics shown that when it come to choosing a product, millennial tend to choose the individuals that they can trust/admire rather than overt branding practices. This is why online influencers market is really booming among this demographic.
On top of that ., They value the type of advertisement that can objectively define the negative and positive characteristics of a certain product rather than advertising it as if it's 'the best product ever' like commonly done by most companies in the past.
Answer:
How is providing customer information to a law firm different than providing email addresses and symptoms to a pharmaceutical company?
Both are live saving professions, every detailed of their clients must be well documented in order to get the best services as far as life is concerned. A law firm must be sure of every details submitted in order to tackle anything that might affect such clients in court of law while a client must provide a detailed information as regards his/her health in order to get the right prescription for health service
Explanation:
