Complete question reads;
Sterling Morrow, a fashion brand known for casual dresses, is launching a new product line: Carry Tu, a line of women's fashion bags. The Carry Tu line will include a satchel, an overnight bag, a laptop bag, and a card-holder keychain. The Carry Tu line will compete with Grazzi, a popular brand of bags.
The sale of women's bags has seen an uptick in recent years. Consumers are willing to spend discretionary money, if they see good value for the money. As a junior marketing strategist, you must recommend to the marketing team the appropriate pricing strategies for each of Carry Tu's bags. The pricing strategies must allow you to make a profit while still competing successfully with Grazzi. Your tasks include determining the target market and selecting appropriate pricing strategies for each of the product items in Carry Tu's line of bags.
The first product item that you must recommend a pricing strategy for is the satchel. The satchel will be the first of the Carry Tu bags to hit the market.
Which of the following market-entry pricing strategies do you recommend? Select an option from the choices below:
a. Market penetration pricing strategy: Setting the price very low initially
b. Market skimming pricing strategy: Setting the price very high initially
<u>Answer</u>:
<u>a. Market penetration pricing strategy: Setting the price very low initially</u>
<u>Explanation</u>:
Remember, we are told there's already a competitor with this line of bags; Grazzi which likely has a higher market share. Thus, a market penetration pricing strategy would be more effective as consumers in this market are price sensitive especially for new products. Lowering the initial price of the satchel bags than what is available in the market would be a very good and effective strategy to penetrate the market.
Explain how the reactions of “the bloodless ghouls” to Orpheus’s song in paragraph 3 are important to the overall theme of the story. Cite evidence from the story in your response.
Evaporate should be the word, so "E" should be your answer.
Passage A from Narrative of the Life of Frederick Douglass, An American Slave is non-fiction, specifically autobiography. Passage B from "Song of Myself" by Walt Whitman is poetry written in the sub-genre of free verse. Passage C from The Adventures of Huckleberry Finn by Mark Twain is fiction from the sub-genre of regionalism or local color. All three passages are about the importance of having freedom and hope of freedom. All passages reflect that the wrriters felt that slavery was wrong. Passage A is powerful because it is the true perspective of someone who lived as a slave. It shows how much freedom meant to Douglass. Passage B is poetry that tells a story that may or may not be true. The point of it is that the speaker in the poem treated the slave kindly and as an equal and that he trusted him as a human being and did what he could to help the man to safety. The language is spare and careful, which is where the genre's power lies. Passage C uses characters to make the point: Huck is determined to help Jim escape from slavery even though it is deemed wrong. He knows that slavery is not right, and he chooses to be "bad" rather than allow Jim to remain a slave. The power of fiction is in the situations, characterizations, and dialogue. This passage also tells a story, but it is much longer with greater detail than passage B.
