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VMariaS [17]
3 years ago
15

Jenny manages sales dealership of high-end luxury brand of automobile. Her target market is limited to a specific social class,

which restricts her customer base. If her company creates cars for middle class consumers she risks:__________
Business
1 answer:
Alborosie3 years ago
7 0

Answer:

The correct answer is letter "A": cheapening his brand .

Explanation:

Businesses of luxury objects such as advanced-technology vehicles have a differential advantage related to other carmakers. Most of their customers prefer those cars because they give them a certain status in society and are accessible to a few people because of the high prices.

Then, <em>if Jeff's companies decide to manufacture cars for the middle class, the dealer risks cheapening the brand but the number of customers could exponentially increase.</em>

You might be interested in
A group of 10 golfing buddies have the following annual incomes: $32,000, $12,000, $56,000, $120,000, $10,000, $38,000, $70,000,
eduard

The lowest quintile received $22,000.

Data and Calculations:

The number of golfing buddies = 10

A. = $10,000

B.  = $12,000

C.  = $16,000

D.  = $20,000

E.  = $24,000

F.  = $32,000

G.  = $38,000

H.  = $56,000

I.  = $70,000

J.  = $120,000

Total - $398,000

The lowest, first, or bottom quintile is between 0 to 20%.

Thus, the lowest quintile received $22,000 ($10,000 + $12,000) from the income distribution.

Learn more: lowest quintile here: brainly.com/question/2392523

8 0
2 years ago
Schnucks Supermarket promotes products like milk, eggs and other daily essentials at very low prices in order to attract consume
Veseljchak [2.6K]

Answer:

C. Build consumer traffic

Explanation:

By lowering the prices of daily essentials like milk and eggs Schnucks Supermarkets is building consumer traffic in their stores. The lower prices will tend to attracts more and more consumers because of that demand principle of the lower the prices the higher the demand. When the consumers increases what the supermarket achieves is a bigger consumer traffic in their store.

7 0
2 years ago
sending e-mails reminding prospects that AdVance can mix custom fertilizer formulations determining what information is still ne
Ivenika [448]

Full question :

AdVance Corporation is a company that formulates and manufactures fertilizersfor the farming industry. The company produces several standardized formulas that canbe purchased directly through the retail arms of the company, but it also formulatescustom fertilizers for farms.Which of the following is the best use of a CRM system for an AdVance salesperson interms of relationship strategy?

sending regular e-mails to customers to check on the performance of a previously purchased AdVance fertilizer

determining what information is still needed to complete the customer's file

tracking the salesperson's activities and sales on a weekly and monthly basis

sending e-mails reminding prospects that AdVance can mix custom fertilizer formulations

remembering customers' birthdays to send them cards to maintain a personal connection and request referrals

Answer:

sending regular e-mails to customers to check on the performance of a previously purchased AdVance fertilizer

Explanation:

The most effective use of the CRM(customer relationship management system) from the options listed is the follow up on customers to know how they perceive Advance fertilizer's product after having purchased and used it. This has a long list of benefits for Advance fertilizer as they can get customer feedback from customers through this, build relationship with them as well as gather more data to improve on their products in the future

8 0
2 years ago
1. Jesse wants to see a structure chart. She said to use program modules based on the processes we identified earlier. She wants
Roman55 [17]

Answer:

See the explanation for the answer

Explanation:

1. Find attached of the structure chart.

2. The first phase in the unit test plan includes testing each data entry program or feature using both true and invalid data and testing each system-generated document. The next step will be the evaluation of integration. It is important to compare and check programs or functions that create or modify flies used by other programs with those other programs or functions that create or modify flies used by other programs. This would involve testing of all relationships and multi-table queries in the database environment. Ultimately, all software and all system support features, including backup and recovery procedures, must be checked together in a system check.

3.

TO: SCR Support Staff and Users

FROM:  [Student name]

SUBJECT: Installation of TIMS

We need to agree on an installation plan as the deadline for implementation of TIMS approaches.

Jill Martin and I will provide practical training to all members of the SCR team who will help the TIMS campaign. We will also work with the Systems Group to move our current test environment into the operating environment. This task will include conversion of data, loading of live data and installing the system on workstations of the client.

All system functions performed in the test environment have been successfully executed, so we are looking for a smooth change in phase operation.

Make sure your email is reviewed multiple times a day. The training schedule will be posted later this week, and if there are conflicts with your assigned training times, I will need to know immediately. It's about to start the grand final.

TOPICS                                                    TRAINING METHODS

Introduction of system and                     Tutorials

overview of objectives.

Startup, log-in, and shut                          User manual

down procedures

System options and commands            Group training

System error messages                    Demonstrations and discussions

Screen details                                          Hands-on experience

System output                                         Question and answer session

Explanation of system reports,             Review a list of FAQ

summaries, etc.  

4.

Changing the TIMS system presents some problems. Since the new system is aimed at a single location with multiple activities and functions, it may not be attractive for the phased and pilot operation. Parallel operation is possible, using current data to test the new system for some period of time before the new center becomes operational. Even this method would be less than ideal because the new system is closely integrated with all training activities, records and reports.

Although SCR did lesser-scale training, the new training center is essentially a start-up operation. A form of direct cutover is often the only alternative in this type of situation. Using test data and extensive system testing, users and developers can raise the level of trust to an acceptable point. First, it is necessary to convert all existing data, load it into the new system and use it as test data. In case of system problems, all source documents should be retained and all procedures for hardware, backup and disaster recovery should be thoroughly tested.

5 0
3 years ago
Suppose a stock had an initial price of $117 per share, paid a dividend of $3.10 per share during the year, and had an ending sh
bonufazy [111]

Answer:

The correct answer for option (a) is 28.29% and for option (B) is 2.65%.

Explanation:

According to the scenario, the given data are as follows:

Initial price = $117

Ending price = $147

Dividend = $3.10

(a) We can calculate the Total return percentage by using following formula:

Total return percentage = ( Ending Price - Initial Price + Dividend) ÷ Initial Price

By putting the value, we get

Total return percentage = ( $147 - $117 + $3.10) ÷ ( $117)

= 28.29% (approx).

(b). we can calculate the dividend yield by using following formula:

Dividend Yield = Dividend ÷ Initial Price

By putting the value, we get

Dividend Yield = $3.10 ÷ $117

= 2.65%

8 0
3 years ago
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