Answer: evoked set
Explanation:
In simple words, evoked set refers to the collection of brands that initially comes in the mind of the consumer when he or she is willing to buy a product in market. These are the brands that are of high significance to the customer and that individual customer completely trust such brand.
Every producer in the market wants to be in the evoked set of the consumer as there is a high probability that customer will choose to buy their willing commodity form such a set. However, positioning in evoked set cannot be marked quickly as it depends on various factors such as duration, quality and price etc.
Answer:
where is the stuff its just the question
Explanation:
The total profit would be $2747 (The total revenue was $5590, and the total expense is $2843. Therefore the difference between the revenue and the expenses is the profit)
Answer:
Bottle neck stations our the ones which take more time than the previous station because of which units received per hour our more than units created per hour creating a bottleneck.
In this case Station 2 is taking more time than station 1. (10>9)
Station 3 has 2 machines so although one machine takes more time than station one because of having 2 machines the time can be divided by 2 so there is no bottle neck here. (6<10)
Station 4 takes less time than station 2. (5<6)
Station 5 takes more time than station 4. (8>5) but station 5 is not a bottle neck because it is the last station so it is not slowing the units from going on to another station or the next station, because the good is finished here there is no bottle neck
The only bottle neck is station 2 because it takes more time to send one unit to the next unit compared to receiving one unit from station 1.
Explanation:
Answer: False
Explanation: In simple words, brands can be defined as those tags which attracts the customers and helps a firm to maintain a stable customer base. Brands indulge customers emotionally or economically to buy the product due to quality reasons.
However brand cannot give a a rational customer absolute knowledge about the price of the product as the firm with even a strong brand image have to do promotional and advertising activities due to heavy competition in the market.
A positive brand image do help the firm to get the initial attention of the customer but still they have to inform customs about why they are charging more than others.