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ExtremeBDS [4]
3 years ago
14

Suggest any five strategies to overcome competition in the market​

Business
1 answer:
agasfer [191]3 years ago
4 0

Answer:

1. Address the needs of your shared target audience better than your competition can.

2. Find a niche in the market via storytelling and specialization.

3. Offer more affordable pricing.

4. Improve on an existing model.

5. Provide great customer service.

Explanation:

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You are the financial manager for a recreation center that has signed an option to purchase new elliptical machines for $22,000
Naddika [18.5K]

Answer:

$19,215.65

Explanation:

To the determine the amount to be invested, we have to find the present value of $22,000 at 7%

P= FV ( 1 + r) ^-n

FV = Future value = $22,000

P = Present value

R = interest rate = 7%

N = number of years = 2

$22,000(1.07)^-2 = $19,215.65

I hope my answer helps you

5 0
3 years ago
Chester currently has $14,000,000 in cash and management has decided to issue stocks and bonds worth an additional $8,000,000. T
slava [35]

Answer:

Retiring the oldest bond

Explanation:

Firms issue bonds to raise the funds. Firm has to pay dividend on those bonds and the ability of firm to pay dividend reflect the financial position of the firm. Thus, retiring the oldest bond in exposes company to the most risk of being issued an emergency loan

6 0
3 years ago
When information is transferred from one person to another is called
9966 [12]

Answer:

Below:

Explanation:

It's called "Communication".

Hope it helps.....  Bro/Sis

It's Muska...   :)

5 0
3 years ago
Read 2 more answers
In order to receive payment from the recovery fund in Illinois, the suit against the alleged violator must be filed within how m
Norma-Jean [14]

Answer:

2 years

Explanation:

According to the PROFESSIONS, OCCUPATIONS, AND BUSINESS OPERATIONS 225 ILCS 454/20-90, it is stated that "No action for a judgment that subsequently results in a post-judgment order for collection from the Real Estate Recovery Fund shall be started later than 2 years after the date on which the aggrieved person knew, or through the use of reasonable diligence should have known, of the acts or omissions giving rise to a right of recovery from the Real Estate Recovery Fund." Therefore in order to receive payment the suit must be filed within 2 years of the violation's occurrence.

8 0
3 years ago
Akihabara Imports offers the widest selection of Japanese animation products available on the Internet.
n200080 [17]

Answer:

The message is designed to persuade <u>the audience/prospective consumers.</u>

Specifically, the primary purpose fo this message is to <u>sell animation products.</u>

The secondary purpose is to <u>position </u><em><u>Akihabara Imports</u></em><u> as an appealing brand or the best place to purchase Animation Products.</u>

<u />

The questions to ask when profiling an audience are:

E) Who is my primary Audience?

It is important to know who one is advertising to. That is, those who can actually purchase ones product(s) must be identified. It is illogical, for instance, to advertise Mannequins to Farmers. They have no use for it.

B) Why am I writing this message?

As already stated above, the purpose of advert must be clear. When you know want to achieve, the next question to ask is 'how can I achieve this?', 'who can help us achieve this'?

C) What is my relationship with the audience

If a business is a first timer in the market, it means there is no relationship at all with the target audience. An existing business with a history of transactions with the target audience would most likely approach it's adverts differently.

Please Note:

  • You don't need to like you audience to sell or advertise to them. However, it is critical to have a value adding mentality to succeed in the market place.

Cheers!

8 0
3 years ago
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