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Serga [27]
3 years ago
11

Fast Fine Foods markets some of its products to consumers looking for simple, quick meals. Fast Fine Foods also offers another l

ine of products targeted to people interested in low-fat, high-nutrition foods. The company's strategy of dividing the market into groups that want similar things from the products they buy is an example of ____.
Business
2 answers:
wlad13 [49]3 years ago
4 0

Answer:

<u>Market segmentation.</u>

Explanation:

Market segmentation is a process used by an organization that divides its potential customer according to tastes, needs and characteristics and similarities between customer groups, with the aim of directing the marketing strategy and product line to each customer group. identify their particularities to meet their own needs more effectively.

Airida [17]3 years ago
3 0

<em>Fast Fine Foods markets some of its products to consumers looking for simple, quick meals ....... The company's strategy of dividing the market into groups that want similar things from the products they buy is an example of </em><em>Market Segmentation. </em>

<h2>Further Explanation </h2>

Market segmentation is the activity of dividing a market into different groups of buyers who have different needs, characteristics, or behaviors that may require different products or marketing mixes.

<h3>Here are some of the objectives of market segmentation: </h3>

Make It Easy To Distinguish The Market

One of the company's difficulties in the product marketing process is a heterogeneous market situation where the interests and tastes of consumers are very diverse and continue to grow.

Better Customer Service

Four important things that most consumers pay attention to in meeting their needs are quality, price, service, and timeliness.

More Targeted Marketing Strategies

Marketing strategies in homogeneous markets will be easier than in heterogeneous markets.

Getting to Know Competitors with the Same Segment

After understanding buyers who are in a market segment, of course the company will also be able to find out who are the competitors in the same segment and what activities are carried out by competitors.

Evaluate Targets and Business Plans

After understanding the market segment and its characteristics, the company can conduct an evaluation of marketing activities that have been carried out before.

Learn More

Market Segmentation brainly.com/question/13941014

The company's strategy brainly.com/question/13941014

Detail

Class: College

Subject: Business

Keyword: Market, Segmentation, Company

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Firms will typically maintain a list of research and development projects ranked by expected rate of return. Expected rate of re
ddd [48]

Expected rate of return is defined as the amount of money an individual gets on investment.

<h3>What is expected return?</h3>

The expected return is the amount of profit or addition on money invested that an individual who is an investor is expected to get after a periods of time on the investment.

Therefore, expected rate of return is defined as the amount of money an individual gets on investment.

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4 0
1 year ago
A diet is to contain at least 3640 mg vitamin C, 2190 mg Calcium, and 2170 calories every day. Two foods, a dairy-based meal and
vovangra [49]

Answer:

(A) 73 ounces of diary-based meal and 28.8 ounces of the vegan option.

(B) The minimum cost per day is [73 × 0.21] + [28.8 × 0.27] = 15.33 + 7.776 = $23.106

Explanation:

First thing to note is that the dairy-based meal costs less than the vegan option. In otherwords, if you're to minimize cost, you should purchase as many ounces of dairy-based meal as possible. This is the first mindset or step.

What the diet should contain everyday:

3640mg - Vitamin C

2190mg - Calcium

2170 - Calories

DAIRY BASED:

(40 × 91 = 3640), (30 × 73 = 2190), (10 × 217 = 2170)

VEGAN OPTION:

(60 × 60.67 = 3640), (30 × 73 = 2190), (50 × 43.4 = 2170)

Getting 73 ounces of dairy-based meal, you have

(40 × 73), (30 × 73), (10 × 73) = 2920mg, 2190mg, 730 calories.

You have left 720mg of Vitamin C and 1440 calories to obtain from the Vegan Option.

(60 × 12 = 720), (30 × 0 = 0), (50 × 28.8 = 1440)

The highest quantity needed here is 28.8 ounces of calories from the vegan option, hence 28.8 ounces of the vegan meal should be purchased. There will be excesses of Vitamin C and Calcium but that is necessary in order to purchase the stipulated minimum amount of each nutrient.

The minimum cost per day will now be [73 × 0.21] + [28.8 × 0.27] = 15.33 + 7.776 = $23.106

8 0
3 years ago
An employee at falcon security is studying an analysis of data regarding the occurrence of problems and failures with its drones
Mrac [35]

Answer:

a. Decision making

Explanation:

The data that the employee collects will be used to <em>decide </em>whether or not to perform maintenance.

8 0
3 years ago
DataSpan, Inc., automated its plant at the start of the current year and installed a flexible manufacturing system. The company
olchik [2.2K]

Answer:

Explanation:

The complete question:

DataSpan, Inc., automated its plant at the start of the current year and installed a flexible manufacturing system. The company is also evaluating its suppliers and moving toward Lean Production. Many adjustment problems have been encountered, including problems relating to performance measurement. After much study, the company has decided to use the performance measures below, and it has gathered data relating to these measures for the first four months of operations.

Month

1 2 3 4

Throughput time (days) ? ? ? ?

Delivery cycle time (days) ? ? ? ?

Manufacturing cycle efficiency (MCE) ? ? ? ?

Percentage of on-time deliveries 78 % 73 % 70 % 67 %

Total sales (units) 2330 2230 2116 2036

Management has asked for your help in computing throughput time, delivery cycle time, and MCE. The following average times have been logged over the last four months:

Average per Month (in days)

1 2 3 4

Move time per unit 0.8 0.4 0.5 0.5

Process time per unit 3.4 3.2 3.0 2.8

Wait time per order before start of production 23.0 25.2 30.0 32.3

Queue time per unit 4.3 5.1 6.0 7.0

Inspection time per unit 0.6 0.9 0.9 0.6

Answer:

1. Compute the new throughput time.

2. MCE?

The answer has been attached as documents, please check through.

4 0
3 years ago
Laura Bryant joined Kellogg's straight after university in 2002. She joined the Field Sales team initially. This involved visiti
siniylev [52]

Answer: The answer is provided below

Explanation:

The theory of motivation that is applied by the manager at Kellog’s company is Hertzberg's two factor theory.

Hertzberg divided needs into two categories which are the hygiene factors and motivating factors. The hygiene factors are factors that are essential to work, hygiene factors do not work as motivating factor but absence will lead to dissatisfaction. Hygiene factors include salary, safe working environment, break time, etc.

Motivating factors are factors that motivates the employees to work harder. Motivating factors lead to satisfaction among the employees and they include responsibility, growth, status, recognition, achievement, etc.

In this scenario, Hertzberg motivating factor theory was used. The manager helped Laura Bryant climb the corporate hierarchy. At first, she was a sales field worker, she was then promoted after 2 years to customer marketing manager post. This helped Laura enter the marketing field after which she was promoted again to help manage marketing plan of special K.

Recognition, responsibility, social status, and growth are all motivating factors that were applied by the manager in this scenario. Laura is satisfied and motivated and the manager here helped her to reach her goals and grow over the years.

Herzberg's motivational factors and Maslow's esteem and self-actualization needs are similar and can be met by organizations in the following ways:

• Management should give employees challenging and complex tasks as this tends to motivate workers.

• Recognition and appreciation: Employees are motivated when they are recognised and appreciated for their work. When employees are recognised, they tend to put in more effort at their workplace and work harder.

•Decision making: Employers should allow their employees participate in the decision making process of the organization.

• Growth opportunities: Employees must be provided with opportunities that allow them grow. This can help in taking their career up and be more productive for the company.

Hertzberg motivational factors theory and Maslow self esteem and self actualisation needs are identical because both needs are satisfied by growth, power, recognition, appreciation, responsibility, and social status.

5 0
3 years ago
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