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BaLLatris [955]
3 years ago
5

Think about a small business you might enjoy opening. Typical examples might be a restaurant, specialty clothing store, or profe

ssional service. Assume that it will be in a monopolistically competitive market structure. How will you specifically differentiate your product from others in the market
Business
1 answer:
PolarNik [594]3 years ago
6 0

Answer:

Explanation:

When opening a business in a monopolistically competitive market structure it is incredibly difficult to compete and find a loyal customer base to make a profit. The best way to differentiate your product would be to personalize it as much as possible for every client. Personalizing not only the product but the shopping experience for each individual client makes that client feel special and cared about. This helps convince them to purchase this product from you as opposed to a competitor. Therefore, slowly increasing your loyal customer base.

You might be interested in
- 65. When you compare brands, you should consider price and advertising.<br> a. True<br> b. False
Ivan

Answer:

I would say A.

Explanation:

3 0
3 years ago
Read 2 more answers
You are using earned value analysis to track your project's progress. In your project, earned value is higher than planned value
Inessa [10]

In your project, the earned value is greater than the planned value. This means the project is ahead of schedule and under budget.

<h3>What is project management?</h3>

It is the set of strategies and methods used by the project leader so that all stages of the project occur as planned, that is, techniques for achieving the project objectives, reducing negative risks and using the stipulated budget and schedule.

Therefore, it is essential that the project manager is monitoring all stages of the project, reducing unnecessary costs and integrating the team to increase productivity and meet the schedule.

Find out more about project management here:

brainly.com/question/6500846

#SPJ1

5 0
2 years ago
Jack's Construction Co. has 80,000 bonds outstanding that are selling at par value. Bonds with similar characteristics are yield
zheka24 [161]

Answer:

WACC 10.42614%

Explanation:

<u>First we use CAPM to solve for the cost of equity</u>

Ke= r_f + \beta (r_m-r_f)  

risk free 0.04

market rate  

premium market (market rate - risk free) 0.08

beta(non diversifiable risk) 1.1

 

Ke= 0.04 + 1.1 (0.08)  

Ke 0.12800

Then we calculate the WACC (weighted average cost of capital)

WACC = K_e(\frac{E}{E+D}) + K_d(1-t)(\frac{D}{E+D})

D 80,000 bonsd x 1,000 = 80,000,000

E 4,000,000 shares x 40 = 160,000,000

E+ D 80,000,000 + 160,000,000 = 240,000,000

equity weight: 2/3

liability weight: 1/3

Ke 0.128

Equity weight 0.6667

Kd 0.086

Debt Weight 0.3334

t 0.34

WACC = 0.128(0.6667) + 0.086(1-0.34)(0.3334)

WACC 10.42614%

6 0
3 years ago
A sales rep is on a phone call with a prospect who likes to control the conversation. The constant interruptions make it hard fo
belka [17]

The sales rep on a phone call with a prospect controlling the conversation should do the following first:

  • a) Ask the prospect what she hopes to get out of the call to encourage her to re-focus.

<h3>Why does a phone call with a prospect matter?</h3>

The phone call should be used to pitch the firm's products and services to meet the prospect's pain points.

To make the phone call successful, the sales rep should take these steps:

  • Develop a clear goal for the sales call.
  • Ask relevant questions, giving the prospect more opportunity to talk.
  • Discover the prospect's pain points.
  • Utilize every opportunity to pitch the firm's brand.

<h3>Answer Options:</h3>

a) Ask the prospect what she hopes to get out of the call to encourage her to re-focus

b) Tell the prospect that to work together well, she needs to follow the rep's call structure

c) Incorporate what the prospect says into his talking points when there's an opening

d) Offer to set up an in-person appointment to discuss the sales process in more detail

Thus, the first action of the sales rep in such a situation is <u>Option A</u>.

Learn more about making sales pitches and calls at brainly.com/question/6890728

7 0
2 years ago
Why should everyone in a market have adequate information about market conditions?
sergeinik [125]
Because if they don't then they won't know how to price things and how to play the marketing game with other marketers, even if your not in the marketing business you should know this because if you do go to market something you will know if people are trying to cheat you.

Hope this helps have a nice night
7 0
3 years ago
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