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oee [108]
2 years ago
7

What factors do you think are most important to luxury buyers?.

Business
1 answer:
wolverine [178]2 years ago
4 0

Explanation:

•The Value of Space. When it comes to luxury homes, it's all about space. ...

•Entertaining Excellence. ...

•Security & Convenience. ...

•Keeping Things Exclusive.

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to plan effective marketing strategies, a company needs to find out all it can about its competitors. it must constantly compare
mel-nik [20]

This is an example of <u>Competitor Analysis</u>

  • An evaluation of the advantages and disadvantages of present and future rivals is known as competitive analysis in marketing and strategic management. In order to recognize possibilities and risks, this analysis gives both an offensive and a defensive strategic perspective.
<h3><u>What information should a competitor analysis contain?</u></h3>
  • A competitive study should look at the attributes, market share, prices, marketing, differentiators, strengths, and weaknesses of your rivals as well as their locations, cultures, and consumer feedback.
  • This article is for small company owners, both new and experienced, who wish to research their rivals to enhance their goods or services.

To learn more about Competitor Analysis, Click the Links.

brainly.com/question/28090263

brainly.com/question/18685357

#SPJ4

5 0
1 year ago
For revenue managers working in the lodging industry the term ""Place"" in the 4P’s of the Marketing Mix refers to two items. On
Ilya [14]

Answer:

The property's distribution channels.

Explanation:

The marketing mix is commonly performed through the 4 P’s of marketing which are:

Price.

Product.

Promotion and

Place.

And the term 'Place' or 'Placement' in the 4 P’s of the marketing mix has to do with how the service will be rendered to the customer. And this refers to the physical location of the hotel and distribution channels, that is, how the service can be rendered to the customer and help assess what channel is the most suited to a service.

4 0
3 years ago
A major lottery advertises that it pays the winner $10 million. However, this prize money is paid at the rate of $ 500,000 each
My name is Ann [436]

Answer:

We have to discount these payments to find the present value

500,000

500,000/1.1

500,000/1.1^2

500,000/1.1^3

We keep on doing this until we reach 500,000/1.1^19

After that we add all the payments and get the value. A less time consuming way of doing it is using a financial calculator

Pv=?

N=19

FV=0

PMT=500,000

=4,182,460.05 we add 500,000 to this because the first payment was not discounted=4,682,460.05= Present Value.

Explanation:

8 0
3 years ago
If demand for a good falls, but the opportunity cost of making the good increases, then production of the good will:________
LenaWriter [7]
Increase witch is a
5 0
3 years ago
Sue purchased a 3.5 percent, $100,000 U. S. Treasury bond 6 months ago when the bid quote was 124.1850 and the asked quote was 1
Katena32 [7]

Answer:

The total dollar return on this investment is $1765

Explanation:

The total dollar return on the investment by Sue is a sum of the interest earned by Sue during this period and the profit due to the increase in bid/ask price of the bond.

Interest earned = [(0.035/2) x $100,000] = $1750;  

The selling price by Sue today will be the bid quote today and for the purchase price on which Sue bought the bond we will take the asked quote on purchase.

bid quote today = 124.2175

asked quote on purchase = 124.2025

Profit earned on selling = (Bid quote today - Asked quote on purchase) * $100,000

= [(124.2175 - 124.2025) x $100,000] = $15

Total return = $1750 + $15 = $1765

8 0
3 years ago
Read 2 more answers
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