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Mrac [35]
2 years ago
11

Quality Ceramic, Inc. (QCI) defined five submarkets within its broad product-market. To obtain some economies of scale, QCI deci

ded not to offer each of the submarkets a different marketing mix. Instead, it selected two submarkets whose needs are fairly similar, and is counting on promotion and minor product differences to make its one basic marketing mix appeal to both submarkets. QCI is using the
Business
1 answer:
gladu [14]2 years ago
6 0

Answer:

combined target market approach

Explanation:

When a company engages in a combined target market approach, it segregates potential markets into pairs or small groups which share similarities and then offers their products or services to them. The marketing mix will be similar for all the small segments that are within the larger group.

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Checking for quality and paying creditors would fall within which two functional​ areas?
horsena [70]
Checking for quality fall within MANUFACTURING AND PRODUCTION AREA while paying creditor fall within FINANCE AND ACCOUNTING AREA.
There are many functional areas in business, each functional area is responsible for performing specific functions.
3 0
3 years ago
Suppose the government imposes a price ceiling above the equilibrium price of a given good. Which of the following is the most l
VikaD [51]

Answer:

c) No change will occur in the market.

Explanation:

The correct option is : (c) No change will occur in the market

Reason: A price ceiling above the equilibrium price is a non binding price ceiling and it does not affect the market. No change in supply or demand occurs.

8 0
3 years ago
For each of the following scenarios, determine the effect on aggregate supply.
anastassius [24]

Answer:

(a) Option (c) is correct.

(b) Option (b) is correct.

Explanation:

(a) If there is an unexpected decrease in the oil prices (Positive supply shock) then as a result this will reduce the cost of production of the firms and hence, there is an increase in the supply of the goods. This will shift the aggregate supply curve rightwards.

(b) If all the producers are required to contribute more towards the heath insurance coverage (negative supply shock) then as a result this will increase the cost of production of the producers. So, this will lead to decrease the supply of the goods and also, shift the supply curve leftwards.

4 0
2 years ago
Marcy owns the company Caps for Kids and sells her hand-knitted caps for $20 each. The variable cost per cap created is $10, and
iragen [17]
At breakeven point, the cost is equal to the revenue. This also means that the net profit is equal to zero. If we let x be the number of units sold or produced, the total costs and revenue are calculated as follows:

Total Cost = 10x + 10,000
Total Revenue = 20x

Equation both,
                10x + 10,000 = 20x
The value of x from the equation is 1000.

Answer: 1000
3 0
3 years ago
After submitting a résumé by mail, how long should you wait before following up with an employer?.
GenaCL600 [577]

Answer: one to two weeks

8 0
2 years ago
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