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Rudiy27
3 years ago
10

Do you know the difference between needs and wants? When companies that sell coffee develop their marketing strategy, do they co

ncentrate on satisfying their customers’ needs or wants? What about a utility company, such as the local power company? A humanitarian agency, such as Doctors without Borders?
Business
1 answer:
Elden [556K]3 years ago
4 0

Answer: the difference between needs and wants is very simple. Needs are what we need to live, the basic requirements, and wants is everything else we might like to have, but we don’t need tosurvive. The wants depend on the needs of humans themselves.When companies like coffee store, utility company, local power company, humanitarian agencies, even doctors develop their marketing strategies they are focus in discover the needs and wants of consumers or clients, who are prospective buyers and consumer of goods or services. A need occurs when a person feels deprived of basic necessities such as local power company or go to the doctor for example. A want is a need that is shaped by a person’s knowledge, can be drink a cup of coffee or pay for a phone service. Every organization is focuson satisfy the needs or wants of a specific group or target market, developing a unique marketing program to reach each one of them

Explanation:

You might be interested in
When would a writer choose to use a passive voice?
cluponka [151]

Answer:

In some sentences, passive voice can be perfectly acceptable. You might use it in the following cases:

The actor is unknown:

The cave paintings of Lascaux were made in the Upper Old Stone Age. [We don’t know who made them.]

The actor is irrelevant:

An experimental solar power plant will be built in the Australian desert. [We are not interested in who is building it.]

You want to be vague about who is responsible:

Mistakes were made. [Common in bureaucratic writing!]

You are talking about a general truth:

Rules are made to be broken. [By whomever, whenever.]

You want to emphasize the person or thing acted on. For example, it may be your main topic:

Insulin was first discovered in 1921 by researchers at the University of Toronto. It is still the only treatment available for diabetes.

You are writing in a scientific genre that traditionally relies on passive voice. Passive voice is often preferred in lab reports and scientific research papers, most notably in the Materials and Methods section:

The sodium hydroxide was dissolved in water. This solution was then titrated with hydrochloric acid.

In these sentences you can count on your reader to know that you are the one who did the dissolving and the titrating. The passive voice places the emphasis on your experiment rather than on you.

Note: Over the past several years, there has been a movement within many science disciplines away from passive voice. Scientists often now prefer active voice in most parts of their published reports, even occasionally using the subject “we” in the Materials and Methods section. Check with your instructor or TA whether you can use the first person “I” or “we” in your lab reports to help avoid the passive.

Explanation:

7 0
3 years ago
The placement of Starbucks cafés within Barnes & Noble bookstores has proven to be a successful strategic alliance because b
sp2606 [1]

Answer:

D. participant companies do not share costs or profits.

Explanation:

A strategic alliance is the business relation that would be between two or more companies in order to accomplish their individual goals and objectives. In this, the companies would be work independently so that no one could interfere. The motive to create this is to gain a competitive advantage

So according to the given situation, the option d is correct

And, the rest of the options would be incorrect

8 0
3 years ago
Ashley has gone to the store to shop for a new backpack. She looks for the same brand she has always bought in the past but noti
Hitman42 [59]

Answer:

Style modification

Explanation:

Style modification is a form of product differentiation used to influence the way a product appeal to a customer by altering its taste , color , texture , sound and smell.

It is adopted in order to get a unique position in the market in order to gain a competitive advantage and a large market share.

The production of the back pack in new variety of color is a typical example of style modification

8 0
3 years ago
Net present value LO P3 Beyer Company is considering the purchase of an asset for $250,000. It is expected to produce the follow
Marysya12 [62]

Answer:

$20,996.49

Yes

Explanation:

Net present value is the present value of after tax cash flows from an investment less the amount invested.

NPV can be found using a financial calculator.

Cash flow in year 0 = $-250,000

Cash flow in year 1 = $83,000

Cash flow in year 2 = $43,000

Cash flow in year 3 = $76,000

Cash flow in year 4 = $127,000

Cash flow in year 5 = $49,000

I = 12%

NPV = $20,996.49

The company should accept the project because the NPV is postive.

To find the NPV using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

I hope my answer helps you

8 0
3 years ago
Read 2 more answers
Repositioning moves a product on the Perceptual Map from its old location to a new one. When does the new location become active
salantis [7]

Answer:

The correct answer is E

Explanation:

Repositioning is defined as the strategy which is when the company changes the status of the brand or product in the market place. And it usually involve the changes to the marketing mix, which involve promotion, product, price and place.

It is done to keep up with the wants and the needs of the customers. So, in this case, the repositioning moves the product on the map from old location to new location. Therefore, the new location will be active, the day when Research and Development (R&D) projects completes.

7 0
3 years ago
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