What is the first step when creating a 3-D range name?

When asked about those people who say his Sriracha sauce is too spicy, David Tran jokingly suggests they "use less" of the produ

miskamm [114]

Answering the question, Sriracha's use of a single marketing mix for all potential customers means that the company is using: undifferentiated approach. This implies the correct answer is D.

The undifferentiated approach takes place when a marketer does not take into account the differences that exist within the market but decides to use a mass marketing strategy with the purpose to appeal to the greatest number of people. In other words, the marketer regarded the market to be heterogeneous aggregate.

<h2>Further Explanation</h2>

Undifferentiated marketing is also called mass marketing, this type of marking approach focused on television, radio, and newspapers to reach out to a large audience.

When the company uses this medium to reach out to the larger audience, it maximized the exposure of the company’s product. Theoretically, this is directly tied to huge sales or increases the number of potential buyers.

This approach involves the spreading of marketing messages to a huge number of people and also with the hope of reaching out to several people who might have an interest in the product.

The company involves in general advertising to mass market its product with the purpose that it will get the attention of some people.

Some of the benefits of using undifferentiated approach include

Larger audience
The risk involved is very less
The approach involves less research

Learn more about undifferentiated approach at:

brainly.com/question/9991216

#learnwithbrainly

3 0

4 years ago

Read 2 more answers

IPOs are associated with several puzzles: IPOs are underpriced on average; new issues are highly cyclical; transaction costs of

goblinko [34]

Answer:

Explanation:

Firms still choose to go for an IPO for the following reasons;

1. Majorly, it is a means of generating revenue. Revenue is generated when stocks are sold to the public.

2. It is also a means of reducing risk, The cost of running the business is spread across many investors, so is the risk.

3. There is reduction of the overall cost of capital and gives the company a more solid standing when negotiating interest rates with banks.

4. Companies can easily offer up stocks instead of cash in the acquisition of other companies or in the case of mergers.

5. Having stocks listed on NSE is a means of public exposure

Investors choose to buy stocks of IPO firms because the initial offering is usually at a low rate since the firm is still small and relatively unknown. This stocks bought at a cheap rates have the chance of rising thus generating gains for the investors.

5 0

3 years ago

4. Typically, what percentage of the home cost should you have available for a down payment?

TEA [102]

Answer:

30percent

Explanation:

30

7 0

3 years ago

Colson Inc. declared a $320,000 cash dividend. It currently has 12,000 shares of 7%, $100 par value cumulative preferred stock o

Alex787 [66]

Answer:

The divided for common stockholders is $152000

Explanation:

The preferred stock is cumulative whch means any arrears in preference dividend will be paid whenever the dividend is declared.

The amount of yearly preference dividends is = 12000 * 100 * 0.07 = 84000

Thus, when 320000 cash dividend is declared, 2 years ( current year and arrear year) preference dividend will be paid first and the remaining will be distributed among common stock holders.

The dividedn for common stockholders is 320000 - (84000 * 2) = $152000

4 0

3 years ago

The standard direct labor cost per unit for a company was $30 (= $20 per hour × 1.5 hours per unit). During the period, actual d

Bad White [126]

Answer:

Labor Price Variance = 3,700 F

Labor Efficiency variance = $37,000 U

Explanation:

Labor Price Variance = (Standard Rate - Actual Rate) $\times$ Actual Hours

Standard Rate Given = $20 per hour

Actual Cost = $198,300

Standard Rate $\times$ Actual Hours = $20 $\times$ 10,100 hours = $202,000

Labor Price Variance = $202,000 - $198,300 = 3,700 Favorable

Labor efficiency Variance = (Standard Hours - Actual Hours) $\times$ Standard Rate

Standard Hours for Actual Output = 5,500 $\times$ 1.5 = 8,250 hours

Actual Hours = 10,100 hours

Standard Rate = $20 per hour

Labor Efficiency variance = (8,250 - 10,100) $\times$ $20 = - $37,000 Unfavorable as the amount is negative.

Final Answer

Labor Price Variance = 3,700 F

Labor Efficiency variance = $37,000 U

8 0

4 years ago