Answer:
The correct answer is A. micro-marketing.
Explanation:
In micro marketing strategy marketers give their advertising ans selling efforts on a small group of tightly targeted consumers.
For example, the market can be grouped into small groups based on a commitment to a product class or readiness to purchase a given brand.This grouping can be based on following aspect of customers
1). Locayion
2). Relationships
3). Job Title
4). Industry
5). Size
5). Customer Needs
6). Brand Loyalty
7). Customer Recovery
8). Price Sensitivity
Nike allows customers to order shoes with custom color combinations is a type of need based micro-marketing.
The correct answer is true.
Minority communities have been forced to adopt Anglo-American culture and give up their traditions as a result of assimilation.
<h3>In terms of cultural plurality, what is assimilation?</h3>
In anthropology and sociology, assimilation refers to the process through which people or groups with different ethnic ancestries are assimilated into the dominant culture of a community.
<h3>What does assimilating into American society entail?</h3>
Assimilation is a hotly debated idea in which immigrant groups are urged, through social and cultural practices and/or political maneuvers, to embrace the culture, values, and social behaviors of the host country in order to gain full citizenship status.
To know more about Assimilation , visit:
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A model used to illustrate the trade-offs related to splitting resources between the production of two items is called the Production Possibilities Curve (PPC).
<h3>How do economic actors calculate costs to specialize products?</h3>
The PPC is a useful tool for demonstrating the ideas of scarcity, opportunity cost, efficiency, and economic development and contraction.
Exchange possibilities that lead to consumption opportunities outside of the PPC are the consequence of production specialization based on comparative advantage rather than an absolute advantage.
In contrast to what would have been achievable domestically, trade between two agents or countries enables the countries to enjoy a higher overall output and level of consumption.
<h3 />
PPCs can be used to decide who should specialize in a certain good as well as opportunity costs and comparative advantages.
A nation or individual will be able to consume at a point beyond its PPC through specialization and commerce, assuming the terms of trade are advantageous (for example, offering each agent a cheaper opportunity cost than could be accomplished without trade).
Check out the link below to learn more about opportunity costs;
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20 because just subtract 3 from 20
Answer:
C. $1000
Explanation:
Given that;
20% of customers leave company every year
Jessica decide to acquire customers whose CLV equals or exceeds $5000
If Karly is expected to bring $2000 annual margin
assuming that the company's discount rate is 20% /year =0.2/ year
The objective is to determine the amount the company will spend to acquire her (i,e Karly) as a new customer.
The amount the company will spend to acquire her as a new customer is :
= amount of CLV × discount rate
= $5000 × 0.2
= $1000
Thus, the company should not spend more than <u> $1000 </u> to acquire her as a new customer
