In marketing, what are the five P's used for?

Anna007 [38]

Answer:

3. increase consumer recognition and awareness of product offerings.

Explanation:

A brand is an identity of a product or service provided by a company. It is a unique identifier of the product and differentiates it from competitors. An example is the shape of CocaCola bottle and its consistent taste are unique to that company and is easily recognizable to customers. Another example is Luis Vuitton whose brand customers identify as luxury.

7 0

2 years ago

Although transaction costs are reasonable, ASI has encountered financial problems with high production costs. Jonathan, a vetera

marshall27 [118]

Answer: B2B

Explanation:

Based on the information given, we can infer that the interaction of the employee with ASI is an example of B2B..

Business-to-business simply means a form of transaction that is done between businesses, such as between a manufacturer and the wholesaler. It doesn't take place between the producer and the consumer.

7 0

2 years ago

A local university has a student population that is 55% male. 60% of students are undergraduates. 38% are both male and undergra

Mandarinka [93]

The probability that a randomly selected student is female and an undergraduate = 37%

The probability of being female or an undergraduate= 1.05

<h3>The male students</h3>

The male population = 55%

Therefore female population would be 1 - 0.55 = 45%

<u>Undergraduates</u> = 60%

The male undergraduate = 38%

Therefore female undergraduates = 60%-38%

= 22%

a. The probability that a randomly selected student is an undergraduate and female

= $\frac{0.22}{0.60}$

= 37%

B. The probability that the student is female or undergraduate

P(A or B)

= Probability of female = 45/100

Probability of undergraduate = 60/100

= 0.45 + 0.60

= 1.05

Read more on probability here:

brainly.com/question/25870256

4 0

2 years ago

3. An airline company operates a plane between ATL and DC. This plane has 120 seats for economy class with two price tiers: low

Vitek1552 [10]

Answer: 20 seats

Explanation:

The optimal number of business travellers will be the mean of Poisson distribution i.e 20, since the number of business travellers follows Poisson distribution. Which means that the probability that there will be 20 business travellers will be higher than all other numbers.

Therefore 20 seats must be assigned to business travellers to maximize the revenue.

5 0

3 years ago

How U.S industries will be affected by lifting the embargo?

maria [59]

U.S. President Donald Trump checked one more item on his “To Undo” list of Obama administration actions last Friday when he reset the U.S. policy on Cuba. While the new policy restricts individual tourist travel and business investment in more than half of Cuban industry, it retains many smaller features like permitting family-related travel and professional/academic visits to the country. Among the immediate casualties will be a burgeoning tourism and hospitality industry that sprung up in Cuba after Barack Obama’s friendly overtures began two years ago.

Explanation:

4 0

2 years ago