Answer:
Swen is using product/service repositioning strategy.
Explanation:
Product Repositioning simply refers to the art of altering the target markets perception of one's product and or services.
Swen is still in the clothing business. He has only changed the way he delivers it to the target consumers.
Of course, this sometimes calls for a change in product mix (which refers to altering the type of products being offered). However, the central idea of the strategy still holds as customers now see the business differently.
This type of strategy is easier to pull off for start-ups, or unpopular businesses trying to make a comeback. Where the business is a well-established brand, it can prove extremely difficult and may be costly.
Cheers.
Answer:
Net realizable value of Accounts Receivable is $4,580
Explanation:
Balance in allowance for uncollectible account= Balance before write off - Account written off
=$420 - $140
=$280
Net realizable value of accounts receivable is:
Particular Amount
Accounts Receivable balance $5000
Less: Account written off <u>$140</u>
Balance after write off $4860
Less: Allowance for uncollectible
account from step 1 <u>$280</u>
Net realizable value <u>$4,580</u>
Answer:
Answer for the question:
Within the food service industry (restaurants that serve meals to customers, but not just fast food), find examples of firms that have sustained competitive advantage by competing on the basis of (1) cost leadership, (2) response, and (3) differentiation. Cite one example in each category; provide a sentence or two in support of each choice. (Hint: A "99cents menu" is very easily copied and is not a good source of sustained advantage.)
is given in the attachment.
Explanation:
Answer:
ALL OF THESE DESCRIPTIONS SUITS AN IDEAL MARKETER.
Explanation:
A MARKETER HIGHLIGHTS HIS OWN PRODECT.
COMPARITIVELY KEEPS A BETTER PRICE.
PROMOTES THE PRODUCT IN AN ATTRACTIVE WAY.
Answer:
The answer will be below;
Explanation:
a.$54,000
(3,600*15)
The warranty expense is estimated and it is probable that an outflow of $54,000 will be incurred. Therefore in first year, the whole warranty expense is recorded for both the years. As per definition of provision; it is present obligation as a result of past event, outflow is probable and amount of outflow can also be easily estimated.
