The best way to describe how that idea was recognized is <u>"finding a gap in the marketplace".</u>
Numerous organizations need to find the gap in the market. The gap in the market is a particular region. A zone where you can command. A region where are little conceivable outcomes for another person to surpass your mastery. On the off chance that you prevail to discover a specialty where you are the just a single, at that point it is extraordinary for your enterprising profession. But, likewise it is extraordinary on the off chance that you can discover a space where you will be the one of a kind player in an established market. The market where competition is low.
Answer & Explanation:
The null hypothesis (H0) is what the study is trying to reject, is what the study wants to disprove. In this case, the financial administrator believes that the average cost of tuition and room is greater than $8,500. Then, he wants to statistically disprove that the average cost per term is equal to $8,500.
H0: average cost = $8,500
H0:μ=$8,500
The alternative hypothesis (H1) is the opposite, is what the financial administrator wants to prove: the average cost per term is greater than $8,500.
H1: average cost > $8,500
H1:μ>$8,500
The correct answer is $240.
If an average household spends $20 per month in natural gas for cooking they would spend a total of $240 per year. If they choose to stop using natural gas for cooking and replace it with a pressure cooker they would save $240 per year for the natural gas.
Questions:
Green Gardens sells gardening and landscaping goods and equipment. The marketing department places an unmanned machine in the store with touchscreen technology to provide product information. Consumers can use this machine to learn about the company’s products and services. The company’s marketing form is best referred to as ________ marketing.
A) kiosk
B) mobile
C) telephone
D) interactive
E) personalized
Answer:
The correct answer is A) Kiosk
Explanation:
A kiosk refers to a small, temporary, stand-alone booth used in high-traffic areas for marketing purposes.
They may be found in the walkways of shopping malls. They may or may not be manned by individuals who sell a product or service—anything from toys and hair-care products to insurance or credit cards.
Some, in fact, are electronic, providing consumers with a self-service-style experience.
Types of Kiosks
- Employment Kiosks
- Health Care Kiosks
- Photo Kiosks
In an effort to make more efficient the process of taking food orders, some restaurants install self-service kiosks. Customers can follow interactive prompts to select their meal and customize their order. The kiosks usually accept credit or debit cards, eliminating the need for a human cashier.
Another example of a widely used Kiosk is an ATM Machine.
Cheers!
Answer: the industry competitors
Explanation:
A business model simply refers to the strategy that a company will use in making profit and achieving its goals.
The components of the business model of a company include the strategic resources, core strategy, partnership network, and the customer interface.
It should be noted that the industry competitors isn't among the components.
