1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alika [10]
3 years ago
5

What is product positioning?

Business
2 answers:
Lera25 [3.4K]3 years ago
4 0

Answer:

Product positioning is a form of marketing that presents the benefits of your product to a particular target audience. Through market research and focus groups, marketers can determine which audience to target based on favorable responses to the product.

Research can also determine which product benefits are the most appealing to them. Knowing this information helps streamline marketing efforts and create effective marketing messages that drive more leads and sales. It also helps differentiate the product or service from the competition in the marketplace.

Product positioning is an important component of any marketing plan, but it doesn’t have to be limited to one audience. For example, a product may have a main target audience and also a secondary audience that is also interested in the product, but perhaps in a different way. Each audience will find the product appealing for different reasons, which is why it’s important to tailor marketing messages to focus on the benefits each audience values most.

In-s [12.5K]3 years ago
3 0

Answer:

<u>Positioning refers to the place that a brand occupies in the minds of the customers and how it is distinguished from the products of the competitors and different from the concept of brand awareness</u>

Explanation:

PRODUCT POSITIONING IS OF MANY TYPES WHAT TYPE U R ASKING U FORGET TO MENTIONED THAT

HOPE IT HELPS

You might be interested in
Flint Company’s unadjusted trial balance at December 31, 2020, included the following accounts. Debit Credit Accounts receivable
sweet [91]

Answer:

Bad debt expense for 2020 is - $ 2,234

Explanation:

Adjustment to the Allowance for Doubtful Debts (Increase or Decrease) are recorded in the Income Statement as part of Bad Debts Expenses as follows;

<em>Increase in Allowance for Doubtful debts = Increases the Bad Debts Expense</em>

<em>Decrease in Allowance for Doubtful debts = Decreases the Bad Debts Expense</em>

During the Period Allowances for Doubtful Debts are calculated as :

Allowances for Doubtful Debts = $53,600 × 6%

                                                    = $ 3,216

Bad Debt Expense = $ 3,216-$5,450

                                =  - $ 2,234

3 0
3 years ago
EDGAR, the Electronic Data Gathering. Analysis, and Retreival system, performs automated collection, validation, indexing, accep
Anon25 [30]

Answer:

Avon Products Inc.

All Amounts in $ million

Gross Trade Accounts Receivable at the end of the year are $ 443 million + $ 86.7 million = $ 529.7 million

The amount of Bad Debts provided for the year is $ 144.1 million.

The amount of bad debts written off during the year is $ 160.2 million.

The amount of cash collected from the Customers

Opening Gross Accounts Receivable = $ 622.50 million

Sales for the year 2015 = $ 6,076.50 million

Closing Gross Accounts Receivable = $ 529.70 million

Net Collections from Customers = $ 6,169.30 million

5 0
4 years ago
Jose purchased a delivery van for his business through an online auction. His winning bid for the van was $24,500. In addition,
stiks02 [169]

Answer:

Cost basis= $29,150

Explanation:

Cost basis refers to the initial purchase price of an asset that is used for tax purposes. It is the initial amount invested in an asset in addition to any commission's or fees.

Capital gains is the difference between the sale price and the the cost basis of an asset.

Tracking cost basis is necessary for determining the success of an investment and also for tax purposes.

We will sum the following to get the cost basis

Purchase price= $24,500

Shipping cost= $650

Paint= $1,000

Sales tax= $3,000

Cost basis= 24,500+ 650+ 1,000+ 3,000

Cost basis= $29,150

5 0
3 years ago
Among the major channels of management communications, _____ is the predominant method of communicating
Marysya12 [62]

Of the major channels of management communication, the predominant method is B. Talking.

<h3>What channel of communication do managers prefer?</h3>

Managers generally prefer to talk to their subordinates as they believe this would communicate their message more effectively.

This is why managers communicate by talking about 75% of the time with the other channels such as email sharing the remaining 25%.

Options for this question include:

A. E-mail

B. Talking

C. Texting

Find out more on channels of communication at brainly.com/question/25630633

#SPJ1

5 0
2 years ago
List some forms of political risk other than a takeover of a subsidiary by the host government, and briefly elaborate on how eac
Rina8888 [55]

Answer with Explanation:

The political risk are the risk that the investors and corporation bears who are affected by the political decisions of government. The adverse impact of political decision making is reduction in earnings, abandoning of operations, government interventions, etc.

Here are some of the political risks that has adverse impact on the operations of Multinational Corporations:

  • Blocked funds will result in loosing potential investments in other countries due to shortage of fund created by the blockage in movement of funds from one country to other. This blockage is as a result of regulations passed to restrict the use of money generated in a country.
  • Changing tax laws will result in the decrease in earnings for the shareholders and retained earnings for the corporations
  • Public revolt against the firm which was to abandon the use of fair treatment like in the case of PIA-Pakistan International Airlines. The company is struggling to lower its losses by rewarding the right person and firing employees who are working as per set standards. The employees has revolted against the firm which has severe impact on the share value in the stock market. The revolt continued for the whole month.
  • Changing Interest rates would result in increase in interest cost to MNC which is also because of government interventions.
  • Attitude of the host government towards MNC is political risk if the host government is willing to tighten controls which includes environmental related regulations, worker's right act, etc. This would increase the cost to the multinational corporations.
  • Corruption and rule of Law effect the most to the corporations because the fraudulent activities can not be stopped if there is no rule of law. It also depends on how long does a legal case takes to be resolved.

The Financial factors includes inflation rate, Exchange rate, GDP growth rate, interest rates, electricity cost, corporation taxes, labor costs, industry specific policies, etc. These factors can result in acceptance or rejections of projects in the country because these are the main financial factors that has tendency to alter the decision of the investors and corporations.

  • Corporation Taxes and interest rates are discussed above.
  • All the cost related items which includes electricity costs, inflation rates, labor costs, etc are very important element as they are almost more than 50% of total cost of the project. Hence these are the financial factors that has immense importance when assessing country risks and considering potential investment opportunities.
  • Exchange rate are another important element that helps in assessing the country risk of the company. If the investment was profitable but the currency deflated against the MNC's home country then it was not a good decision. The exchange rate fluctuations will also be an important financial factor while making business decisions.
  • GDP growth rate is also one of the significant factor to consider because significant investment value grows if the Gross Domestic Production is growing with great pace and vice versa.
6 0
3 years ago
Other questions:
  • The process of recording a transaction in the journal is called a.journalizing b.posting c.ledgerizing d.summarizing
    9·1 answer
  • A customer tells you that they “must have” a particular item that you are out of in your store. You can tell that the customer i
    10·1 answer
  • Select the objective observational statement:
    14·2 answers
  • What does Net price mean
    7·1 answer
  • The return on a 10 percent coupon bond that initially sells for $1,000 and sells for $900 one year later is?
    7·1 answer
  • The Chicken Union has experienced bad debt losses of 5% of credit sales in prior periods. At the end of the year, the balance of
    14·1 answer
  • Câu 1 Bản chất của quản trị chiến lược là phác thảo hình ảnh tương lai của doanh nghiệp trong lĩnh vực hoạt động trên cơ sở khai
    9·1 answer
  • Define commercial bank. ​
    13·1 answer
  • The price of roses increases 50% on Valentines Day, Due to this change in
    9·1 answer
  • A unique set of professional skills and attributes that others associate with you is called your?
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!