Walmart uses psychographic and demographic segmentation. It understands the psyche of the consumer and knows that the consumer wants everyday goods at the lower possible prices. Hence, Walmart introduced the strategy of EDLP - Every day low prices!!
in booths to attract in-person attention. Online, customers will be able to see all the variety of necklaces we have available and learn about our products. 5. If your company grows big enough to hire sales people, will you set sales quotas or use commissions? Why or why not? (1-2 paragraphs. 5.0 points) I would use commissions. This is because it is more economical for the company, only having to pay sales people when they successfully sell a product. It would motivate the sales people to sell more products because they know they benefit from it. Although it can pressure them sometimes, I feel like it would be the best route to take
Foreign firms to make expensive modifications to their products
Explanation:
Tariffs and non-tariff barriers are established by the countries to improve the quality of goods and services and to gain some revenue from the exports. The Hasalot is a small town that has a policy of protectionist which means the foreign firms must make an expensive modification to their products before they can export them to Nevada. Non-tariff barriers include quotas, quality, sanctions etc.