If a customer purchases Charmin bath tissue at a price that is higher but of the same quality as a generic brand, Charmin has established brand equity with the customer.
What does "brand equity" entail?
A marketing term for a brand's value is "brand equity."Consumer experiences and perceptions of the brand determine that value.Positive brand equity indicates that people value a brand.
What is a brand when multiple products are sold under the same name?
Umbrella branding, also known as family branding, is a marketing strategy in which a single brand name is used to sell two or more products that are related to one another.Companies with positive brand equity (the value of a brand in a particular market) typically employ umbrella branding.
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Answer:
$41,500
Explanation:
Calculation to determine What was the initial cost of the machine to be capitalized
Purchase price $35,000
Add Freight $1,500
Add Installation $3,000
Add Testing $2,000
Total Cost $41,500
Therefore the initial cost of the machine is $41,500
Answer:
It is $329,209.31
Explanation:
Please attached sheet for computation.
<u>Solution and Explanation:</u>
- the total sales of calendars is as follows:
7200 multiply with $5 each = $36000
- In order to find out the profit, the toal of sales is to be subtarcted with costs. The given sales is $36000, costs is $19183
Thus, the total profit = $16817
95% of 10080 canot be taken in order to find out the correct number. 5% enrollment growth, is as follows:
10080 = 1.05 multiply "x"
thus, calculating x = 9600
- The number of studnets are 9600 in the last semester out of which 7200 bought calendar. 7200 divide 9600 = 75.0 percent sales penetration.
Answer:
Year 1, Year 2 purchasing power = 8 , 9 (respectively). As price level fall, value of money<u> Increases </u>
Explanation:
Year one purchasing power = Money ($) / Price per basket = 72 / 9 = 8
Year two purchasing power = Money ($) / Price per basket = 72 / 8 = 9
This implies that, as price level falls (from 9 to 8 here) ,the value of money ie purchasing power increases (from 8 to 9)