Answer:
Option C; THE RELATIVE POSITION OF COMPETING BRANDS BASED ON HOW THOSE BRANDS ARE PERCEIVED BY CONSUMERS.
Explanation:
Brand Positioning is a strategy that brands use to differentiate themselves from other brands and create the most unique impression in the minds of the consumers.
A perceptual map (also called as a positioning map), is a visual representation of how consumers perceive a brand.
Brand perceptual maps are valuable tools for visualizing consumers’ perceptions of a brand compared to how they perceive its competition.
It is the best qualitative method to understand how a brand is performing in the market, and what the consumers feel about it.
Therefore, the statement that most accurately defines perceptual brand mapping is THE RELATIVE POSITION OF COMPETING BRANDS BASED ON HOW THOSE BRANDS ARE PERCEIVED BY CONSUMERS.
Answer:
a. How much will your 2007 monthly benefit be?
b. In real terms, do your benefits go up, go down, or stay the same?
- Benefits will stay the same because in real terms the adjustment will only match the inflation rate. There is no real increase in the purchasing power of the money received. Inflation decreases the purchasing power of the currency, that means that $100 today buys less than $100 a year ago. If the adjustment only covers the inflation rate, there is no real gain but at least there is no real loss either.
According to Starbucks, the starbucks® coffee that was the very first blend released is " a mix of excellent Latin American beans seared to a glistening, murky chestnut color."
These delicious Latin American beans are prepared with a combination flavor of toffee and cocoa.
Starbucks first prepared this variety in 1971 when the company commenced production in Seattle.
Starbucks is one of the most popular coffee producers in present-day America.
Hence, in this case, it is concluded that the starbucks® coffee that was the very first blend released is " a mix of delicious Latin American beans seared to a glistening, murky chestnut color."
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If country A exports $10 billion worth of goods to country B and imports $8 billion worth of goods from country B, then country A has a(n): $2 billion trade surplus with country B.
<h3>What is long run market in business?</h3>
When a country exports more than it imports, it is said that the country has a trade surplus. On the other hand, when a country imports more than it exports, it is said that the country has a trade deficit.
The term "long run" refers to a time frame during which all cost and production elements are movable. A business will eventually look for the production technology that will enable it to produce the necessary level of output for the least amount of money.
The long run is a theoretical concept in economics where all markets are in equilibrium, all prices have fully adjusted, and all quantities are in equilibrium. The short-run, where there are certain restrictions and markets are not completely in equilibrium, contrasts with the long-run.
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