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Juliette [100K]
3 years ago
7

EcoBean, a chain of cafes, has introduced a Special Shopper Card that allows customers to pay in advance for coffee and snacks.

This effort by EcoBean management is most likely an example of ________.
a. Diversification market
b. Development product
c. Adaptation market
d. Penetration product development
Business
2 answers:
djyliett [7]3 years ago
8 0

Answer:

Market penetration

Explanation:

il63 [147K]3 years ago
8 0

The complete options are:

a. diversification

b. product adaptation

c. market development

d. product development

e. market penetration

Answer:

Market penetration

Explanation:

Market penetration strategy is a method that is used by companies to increase the use of a product. It is aimed at increasing use of the particular product as opposed to those of the competition.

Market penetration is used to enter a new market by offering consumers a better option than what is existing.

In the given scenario EcoBean introduced a Special Shopper Card that allows customers to pay in advance for coffee and snacks. This makes the consumer have assurance that he only has to come and pick up what has been paid for initially.

The process eases payment for goods

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Which of the following functions finds the
dezoksy [38]
Your answer will be High
5 0
3 years ago
Your Competitive Intelligence team is predicting that the Chester Company will invest in adding capacity to their Cell product t
creativ13 [48]

Question Completion:

Figures in thousands (000):

Product Segment    Capacity Next Round

Dug             Core                1200

Dune     Core                1450

Beetle     Core                1040

Bat             Core                1050

New     Core                100

Adam     Core               1200

Answer:

Chester Company

Competitive Intelligence Report:

Based on the increased 10% capacity, the industry can produce 6,644 units.

Explanation:

a) Data and Calculations:

Product Segment    Capacity Next Round    Increased Capacity (1.1)

Dug             Core                1,200                    1,320

Dune     Core                1,450                    1,595

Beetle     Core                1,040                     1,144

Bat             Core                1,050                    1,155

New     Core                   100                        110

Adam     Core               1,200                    1,320

Total                                     6,040                   6,644

b) Each of the core segment products can be increased by the increased capacity factor of 1.10 (1 + i), where "i" is the rate of capacity increase.  Alternatively, the total capacity in the current period can be increased by the increased capacity factor.  Either way, produces the same result of an increased capacity of 6,644 units that the industry can produce.  The result also shows that the options provided in the question are not correct.  They must have been based on other assumptions.

7 0
3 years ago
Assume company x deposits $100,000 in cash in commercial bank. If no excess reserves exist at the time this deposit is made and
kodGreya [7K]

Assume company x deposits $100,000 in cash in a commercial bank. If no excess reserves exist at the time this deposit is made and the reserve ratio is 20 percent, the bank can increase loans by a maximum of $500,000.

Reserve ratio = 20% = 20/100 = 0.25

Initial Money supply = (1/Reserve ratio)*New Deposit = (100,000/0.25) = $ 400,000

Reserve ratio = Rerserve / Deposit

=> Reserves = 0.25*100,000 = 25,000

Max Increase in Money Supply = Initial Money Supply + Reserves/ Reserve Ratio

= $ 400,000 + 100,000

= $ 500,000.

The term commercial bank refers to financial institutions that accept deposits, provide checking account services, issue various loans, and provide basic financial products such as certificates of deposit (CDs) and savings accounts to individuals and small businesses. refers to

Learn more about the commercial banks at

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5 0
2 years ago
1. The reason why the Demand Curve slopes downward is because -
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Answer:

The right answer is C; There is an inverse relationship between price and quantity demanded

Explanation:

The law of demand indicates that there is an inverse relationship between the price and the quantity demanded of a good.

This means that if the price of a good increases, then demand decreases and if the price decreases, demand tends to rise at the same time.

4 0
4 years ago
Toby operates a small deli downtown. the deli industry is monopolistically competitive. toby says he is producing the quantity t
evablogger [386]
Here is the answer that completes the statement above.
Regarding the situation of Toby who runs a small deli downtown, if he is already maximizing his profits, therefore, we can say that the number or amount of delis will soon increase or rise. Hope this answers your question.
5 0
3 years ago
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