Considering the situation described above, Shout utilizes the strategy of <u>Concentrated Marketing.</u>
<u>Concentrated Marketing</u> is a type of Marketing strategy whereby firms or companies direct all endeavors and resources to develop and market a product for a particular target group segment.
Thus, when Shout Magazine focuses its marketing efforts on reaching teenaged girls interested in fashion and celebrity culture, this is a form of <u>Concentrated Marketing.</u>
Concentrated Marketing is often referred to as Niche Marketing, and it is considered more effective in small businesses.
Hence, in this case, it is concluded that the correct answer is "<u>Concentrated Marketing."</u>
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Answer:
Correct Answer:
C) The news story marks the historical event of the first black man being called up to play in the major leagues and expresses some concern over how Robinson will be treated by his major league peers.
Explanation:
<em>Option C ıs the best statement which captures the overall point and focus of the given New York Times article, Document 3.</em>
Answer:
B. Switching
Explanation:
Based on the information provided within the question it can be said that the term that would best describe Carla's behavior would be Switching. This is when a customer changes from one product or service provider to another completely different one within the same industry. Usually because of a bad experience or they are overall displeased with the service provided, which seems to be the case with Carla's first haircut.
Answer:
10.38%
Explanation:
The formula to compute the effective annual rate of the loan is shown below:
= (1 + nominal interest rate ÷ periods)^ number of period - 1
The nominal interest rate is shown below:
= $250 × 4 ÷ $10,000
= $1,000 ÷ $10,000
= 0.1
Now the effective annual rate is
= (1 + 0.1 ÷ 4)^4 - 1
= (1 + 0.025)^4 - 1
= 1.025^4 - 1
= 10.38%
Since the interest rate is measured on a quarterly basis, we know there are four quarters in a year and we do the same in the calculation part.
This is the answer but the same is not provided in the given options
