Differentiating the product or service for a particular segment of the market is called a?

Answers

Answer 1

"Differentiating the product or service for a particular segment of the market is called "market segmentation." Market segmentation involves dividing a larger market into smaller, distinct groups of consumers with similar needs, preferences, or characteristics.

Once these segments are identified, companies can tailor their products or services to meet the specific needs and desires of each segment, allowing for a more targeted and effective marketing strategy. By doing so, businesses can better address the unique requirements of different customer groups and gain a competitive advantage in the market.

Market segmentation is the process of dividing a broader market into distinct groups of consumers based on certain shared characteristics, needs, or preferences. These segments are then targeted with specific marketing strategies, product offerings, and communication approaches that align with their unique requirements and behaviors. This approach allows businesses to focus their resources more effectively and enhance customer satisfaction by delivering tailored solutions to each segment, ultimately leading to increased competitiveness and growth in the market.

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Related Questions

Question 42 What does research tell us about the Return on Investment of work-life programs? Edit View Insert Format Tools Table 12pt Paragraph BIUAT² 5

Answers

Research tells us about the Return on Investment (ROI) of work-life programs that work-life programs can yield positive ROI, as they are effective in increasing employee productivity and reducing turnover rates.

Work-life programs are those programs that help employees maintain a balance between their personal and professional lives. These programs are designed to assist employees in dealing with personal and family-related issues that could impact their work productivity.

They can also include policies related to work flexibility, such as flextime and telecommuting. Research indicates that work-life programs are effective at improving employee productivity, engagement, and job satisfaction. This is because these programs help employees achieve a better balance between their work and personal lives, leading to reduced stress and increased motivation to perform at work.

The ROI of work-life programs can be difficult to quantify, as it depends on various factors such as the type of program, its implementation, and the company culture.

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Which of the following statements best describes what it means for the Fed to manage aggregate demand?
If real and potential GDP were equal, the Fed would change interest rates even if the rate of inflation equaled the target rate of inflation.
The Fed changes interest rates only if the rate of inflation is deviating from the target rate of inflation.
If real and potential GDP were not equal, the Fed would change interest rates in order to prevent a deviation between the rate of inflation and the target rate of inflation.
The Fed changes interest rates only if the rate of inflation is higher than the target rate of inflation.

Answers

The statement "The Fed changes interest rates only if the rate of inflation is deviating from the target rate of inflation" best describes what it means for the Fed to manage aggregate demand. The Fed adjusts interest rates to address deviations in inflation from the target rate, rather than making changes based solely on the equality or inequality of real and potential GDP.

Managing aggregate demand refers to the actions taken by the Federal Reserve (the Fed) to influence the overall level of spending and economic activity in the economy. One of the primary tools used by the Fed to manage aggregate demand is monetary policy, which involves controlling interest rates.

The statement "The Fed changes interest rates only if the rate of inflation is deviating from the target rate of inflation" captures the approach taken by the Fed. The target rate of inflation is set by the Fed as part of its monetary policy objectives. If the actual rate of inflation deviates from the target rate, the Fed adjusts interest rates in an attempt to bring inflation back in line with the target.

The focus on inflation as the trigger for interest rate changes is based on the understanding that inflation can have significant impacts on the economy. If inflation is too high, it can erode purchasing power and disrupt economic stability. Conversely, if inflation is too low, it can signal weak demand and potential deflationary pressures.

In summary, the Fed manages aggregate demand by adjusting interest rates when the rate of inflation deviates from the target rate. This approach allows the Fed to use monetary policy to stabilize prices and promote economic stability.

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XYZ is an established business and has written a business plan in order to request additional funding from a local bank. Unlike a plan for a new business, their business plan will include which information?

Answers

Answer:

Growth Highlights

Explanation:

When a new business is to start up, and it requires funding it shall propose the business idea to investors, but it depends upon the discretion of investors whether or not to invest, and their results are dependent upon the expectations of the business idea.

Whereas when a established business requires further funds, it can state the statistical records and performance reports which shall highlight the growth achieved by the business already.

This shall ensure the investors about their returns in a more confident manner.

Funding from local bank shall include the growth results achieved till now, in order to create the investor confidence.

Why is it important for organizations to embrace diversity and pursue equal opportunity-what is the business/social case? In your answer, you should present arguments for and against diversity in an organization.

Answers

Embracing diversity and equal opportunity is essential for organizations to create a positive workplace culture, better understand their customers, attract top talent, and reduce legal risks.

Embracing diversity and equal opportunity is essential for organizations for several reasons. The first reason is that it fosters a positive workplace culture that values differences in backgrounds, skills, and perspectives. This helps to create a more inclusive environment where everyone feels valued and heard, leading to increased job satisfaction and employee engagement.

Secondly, having a diverse workforce helps organizations to better understand and serve their customers. By having employees from different backgrounds and experiences, organizations can gain insights into different cultures and markets, which can lead to better products and services.

Thirdly, embracing diversity and equal opportunity can help organizations to attract and retain top talent. In today's global economy, skilled workers are in high demand, and organizations that are seen as inclusive and diverse are more attractive to job seekers.

Lastly, promoting diversity and equal opportunity can help to mitigate legal risks associated with discrimination. By ensuring that all employees are treated fairly and have equal opportunities for advancement, organizations can reduce the risk of lawsuits and other legal action.

Arguments against diversity in organizations include the potential for conflict and communication issues when people from different backgrounds work together. There is also the possibility that diversity initiatives can be seen as a form of reverse discrimination, where certain groups are given preferential treatment based on their race or gender.

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What does franchisor mean?

What does franchisor mean?

Answers

What Is a Franchisor? A franchisor sells the right to open stores and sell products or services using its brand, expertise, and intellectual property. ... The small business owner who purchases these rights is called a franchisee and the branch business, itself, is called a franchise.

Answer:

a

Explanation:

Which is a short term consequence of making a late payment on your bill

Answers

Answer:

There will be a late fee added to the bill.

Answer:

just if you don't think the person on top of me is right he is I did the quiz and got a 100%

Explanation:

Which are functions of money? Select the three correct answers.
A store of value
B. producer of resources
C. unit of account
D. medium of exchange
DE record of finances
F. unit of output

Answers

Answer:

A store of value

C. unit of account

D. medium of exchange

Explanation:

Money has four main functions. They are

The medium of exchange: It the most widely used and accepted instrument for the exchange of goods and servicesUnit of account: Money provides a standard measure of the value of goods and services being exchanged. Store of value: Money is known to keep its value for some period.  this enables other commodities, both perishable and non-perishables, to be assigned monetary values Standard of future payments: This function allows for trade to be done on credit terms.

How to find out if your income tax refund will be garnished?

Answers

Your refund will likely be taken by the BFS if you're past due on any of the aforementioned payments. After filing your taxes, you'll also get a notice.

How can I tell if my return will be withheld?

The organization you owe money to must write to you 60 days after you have an unpaid debt before sending it to the TOP. Information about how to make payments will be included in the letter.

Can the government keep a portion of your tax refund?

If you owe federal or state government organizations past-due money, the U.S. government may take your tax refund as payment. The TOP assists these organizations in recovering their debts by withholding funds from a federal payment to pay the debt.

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How much is it to start a buissness?

Answers

Depending on what business

Answer:the average cot to start a business is 30,000

Explanation:

What does the Fair Credit Reporting
Act focus on?
A. The borrower's rights in regard to their credit
report.
B. The bank's ability to change customer's credit
reports.
C. The government's ability to see an individual's tax
forms.
D. The lender's rights in hiding loan information.

Answers

B

:) hope this helps

Hall St. Associates LLC (Hall) entered a lease agreement with Mattel Inc. Mattel broke the lease before the appointed time and also failed to indemnify Hall for cleaning up the property in order to comply with state environmental law. The case went to trial, and the court ruled in favor of Mattel in relation to its right to terminate the lease. After this, the parties agreed to arbitrate the issue of the clean-up indemnification under the terms of the arbitration clause in the lease agreement. The arbitrator found in favor of Mattel, noting that state law did not require the indemnification. Hall asked the court to review the decision of the arbitrator, arguing that the arbitration clause in the lease agreement permitted the court to review and reverse the decision of the arbitrator, something not allowed under the FAA. The court ruled that the arbitrator had made an error of law in the decision and ordered the case sent back to the arbitrator, who changed the ruling in favor of Hall. The case then went to the court of appeals, which reversed the ordeF in favor of Mattel, noting that the only ways that a court can overrule an arbitrator are the four ways listed in the FAA. In other words, the parties cannot, by agreement, broaden the conditions under which the arbitrator can be overruled. The case then went to the U.S. Supreme Court. Will the High Court uphold the ruling of the appeals court? Explain. [See: Hall St. Associates, L. L. . v. Mattel, Inc., 552 U.S. 576 (2008).]

Answers

Yes, the U.S. Supreme Court will uphold the ruling of the appeals court.

The U.S. Supreme Court upheld the ruling of the appeals court. The Supreme Court agreed with the appeals court's interpretation of the Federal Arbitration Act (FAA). The FAA provides limited grounds for a court to overrule an arbitrator's decision, and the parties cannot expand or broaden those grounds through their agreement. The Supreme Court held that the FAA's provisions are mandatory and cannot be circumvented by contract. Therefore, the court found that the arbitration clause in the lease agreement did not grant the court the authority to review and reverse the arbitrator's decision based on an error of law. As a result, the ruling of the appeals court was upheld, and the case concluded in favor of Mattel.

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What are the characteristics of open and honest communication?

Answers

Answer:

being open and honest builds a sense of self-worth. It is about being moral, truthful to yourself and with others.

Explanation:

i’m pretty sure the answer is speaking truthful thoughts

How is Infrastructure related to the business and his Impact and Importance on it?

Answers

Infrastructure is the most crucial factor of a business organization, and much of a business' growth depends upon better infrastructure.

What is infrastructure?

Infrastructure for a business can be understood as a set of facilities and services that are a requirement for the smooth functioning of a business organization.

If the infrastructure is poor, then there is a definite cap on the upper side of a business' growth. Similarly, a better infrastructure increases the opportunities for increase in the productivity of a business.

Hence, the significance of infrastructure is aforementioned.

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what sum of money now is equivalent to $9500 three years later, if interest is 3% per 6-month period?

Answers

The sum of money now is  7956.1. It is determined by using the present value formula.

What do you mean by Interest?

Interest is the amount you pay to borrow money or the monetary value you charge to lend money.

Given;

Amount (A)= $9,500

Time (n)= 3 year =3 years*2 times/ 1 year = 6 times

Interest (i)= 3% per 6 months = 0.03

Present worth factor (P) = \(1/ (1+i)^{n}*A\)

P = \(1/ (1+0.03)^{6} *9,500\)

P = $7956.1

Therefore, The sum of money now is  7956.1.

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maxxie purchased a tract of land for $30,000. today, the same land is worth $44,900. how many years have passed if the price of the land has increased at an annual rate of 5.9 percent?

Answers

Maxxie purchased a tract of land for $30,000. Today, the same land is worth $44,900. 7.3 years have passed if the price of the land has increased at an annual rate of 5.9 percent.

$44,900 =$30,000(1.059)^t

t = 7.03 years

Does the cost of land always rise?

Nowadays, a lot of people view land as an asset that only offers fixed returns after a given amount of time. But unlike the stock market, where gains are simply an educated guess, the value of your land keeps rising over time. And urbanisation is a major factor in that.

Do properties ever lose value?

The IRS claims that land cannot ever be depreciated. Since land cannot be depreciated, the original purchase price must be divided between the building and the land. To calculate a ratio of the worth of the land to the building, utilise the property tax assessor's values.

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What is demand comprised of

Answers

demand consists of all consumer goods, capital goods, exports, imports, and government spending programs. Hope this helped :)

Liz just completed a Client Needs Assessment and her client
confirmed that he will require profitability tracking, and need to
create budgets and purchase orders in his accounting solution.

Answers

Answer:

QuickBooks Online Plus

The question and multiple-choices

What is the minimum QuickBooks Online version suitable for Liz's client?

QuickBooks Self-Employed QuickBooks Online Simple Start QuickBooks Online Essentials QuickBooks Online Plus QuickBooks Online Advanced Previous

Explanation:

QuickBooks Online Plus is an advanced feature that small business requires to make better management decisions pertaining to their business. The needs of Liz's client of tracking profitability and the need to create budgets can be meet by installing QuickBooks Online Plus.

Other features of QuickBooks Online Plus include

Keep track of financial records, such as invoices and statements.Update and reconcile payments automatically.Generate accurate estimates and convert them into invoices.Estimate project profitability by taking into account cost factors such as labor and job cost expenses. Automate workflows with rule-based reminders

Happy​ Trails, Inc. manufactures railway coaches and uses the FIFO method of process costing to record costs. The WorkminusinminusProcess Inventory of the Heating Department on October 1 was 73​% complete for materials and 23​% complete for conversion costs. On October​ 31, its ending WorkminusinminusProcess Inventory was 80​% complete for materials and 43​% complete for conversion costs. This means that for the ending​ inventory, ________% of the materials and​ ________% of the conversion costs were added during October.

Answers

Answer:

80 % of materials ;  43 % of conversion costs

Explanation:

The FIFO method traces equivalent units for materials and conversion costs for the following categories :

Opening Work in Process unitsUnits started and completedEnding Work in Process units

So the units not completed from last months are the first to be completed during the month (hence To finish Opening Work in Process). During the year there are units started and completed (hence Units Started and Completed) and units started that never gets completed (hence Ending Work in Process units).

All these physical units need to be expressed to the percentage of work done on them - equivalent units.

The question is focusing on Number 3 - Ending Work in Process units. So 80 % of materials and 43 % of conversion costs were added during October for these units.

What is a contingency plan?

Answers

Answer:

Um plano de contingência é um tipo de plano preventivo, preditivo e reactivo.

Apresenta uma estrutura estratégica e operativa que ajudeá a controlar uma situação de emergência e a minimizar as suas consequências negativas.

O plano de contingência propõe uma série de procedimentos alternativos ao funcionamento normal de uma organização, sempre que alguma das suas funções usuais se vê prejudicada por uma contingência interna ou externa.

when a good causes positive external benefits to accrue to third parties, an unfettered market will

Answers

When a good causes positive external benefits to accrue to third parties, an unfettered market will typically result in an under allocation of resources towards the production of that good.

Positive external benefits, also known as positive externalities, occur when the production or consumption of a good or service generates benefits for individuals or entities other than the immediate buyer or seller. These benefits, such as reduced pollution or improved public health, are often not reflected in the market price of the good. In an unfettered market, where transactions are driven by self-interest and profit-maximization, producers and consumers may not take these positive externalities into account.

As a result, an unfettered market will tend to under allocate resources towards the production of goods with positive external benefits. The market equilibrium quantity and price will not reflect the full social value of the good, leading to an underproduction compared to what would be socially optimal. This is because the market fails to capture and account for the positive benefits that accrue to third parties.

To address this market failure and promote the production of goods with positive external benefits, interventions such as government regulations, subsidies, or taxes may be necessary. These interventions aim to internalize the positive externalities by aligning private incentives with social welfare.

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During which part of the Product Life Cycle would a company use a profit-oriented pricing strategy?

Answers

The lifespan of a product depicts how long it remains on the market, from the moment it is first introduced to consumers until it is phased out and taken off the shelves.

What is the maturity stage of the product life cycle?

Sales declined during the mature period, a sign that the market has started to become saturated. During this phase of the product life cycle, the price also starts to become competitive. The profit margins become slimmer as a result.

In most life-cycle situations, profits normally reach their greatest level during the early growth stages, but sales often reach their peak during the mature stages.

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the team-role which is likely to demonstrate such positive qualities as strategic vision and accurate judgement but may also be overly critical is:

Answers

Monitor Evaluator demonstrate positive qualities as strategic vision and accurate judgement but may also be overly critical.

Who is a Monitor Evaluator?

Monitor Evaluator serves as one that Provides a logical eye which helps in making impartial judgements in a team.

Therefore, Monitor Evaluator weighs up the team's options in a dispassionate way.

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the retained earnings account has a credit balance of $37,000 before closing entries are made. total revenues for the period are $55,200, total expenses are $39,800, and dividends are $9,000. what is the correct closing entry for the expense accounts? group of answer choices debit expense accounts $37,000; credit retained earnings $37,000. debit expense accounts $39,800; credit income summary $39,800. debit income summary $39,800; credit retained earnings $39,800. debit income summary $39,800; credit expense accounts $39,800. credit expense accounts $39,800; debit retained earnings $39,800.

Answers

The correct closing entry for the expense accounts would be debit income summary $39,800; credit expense accounts $39,800. Thus, option D is the correct answer.

Closing entries are made at the end of an accounting period to transfer the balances of temporary accounts (revenue, expense, and dividend accounts) to the permanent account of retained earnings.

In this scenario, the total expenses for the period are $39,800. To close the expense accounts, we need to debit the Income Summary account (a temporary account) for the total expenses and credit the expense accounts individually.

Debiting the Income Summary account for $39,800 reflects the total expenses for the period being transferred to the Income Summary account. The credit to the expense accounts (also for $39,800) offsets the debit balances in the expense accounts, effectively closing them out.

This closing entry ensures that the expenses are properly closed out for the period, and their balances are reflected in the retained earnings account, which will be carried forward to the next accounting period.

Therefore, the correct closing entry for the expense accounts is to debit the Income Summary account of $39,800 and credit the expense accounts of $39,800. Thus, option D is correct.

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Why is money management important? How would you rate your own money management?

Answers

Answer:

because it has money

Explanation:

Answer:

Money management is important because you should have a balance of bills to pay, and money you keep for fun. If you don't have this then you might have to pay to much money for bills, and you not having enough to pay them off.

Explanation:

Companies create a division of labor among employees in order to: 0 a. allow each employee to perform one task at a high level. b. gain access to more human and physical capital. c. reduce the opportunity cost for hiring new employees. o d. make it easier to shift employees between different jobs.

Answers

Companies create a division of labor among employees in order to allow each employee to perform one task at a high level

What is division of labor?

It involves Sharing of duties or job among individuals or employee.

An employee is allowed to handle a particular task for efficiency.

Therefore, Companies create a division of labor among employees in order to allow each employee to perform one task at a high level

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a naval detachment has enough rations to feed sixteen people for 10 days. if four more people join the detachment, for how many fewer days will the rations last

Answers

The rations will last for 2 fewer days (10-8) when four more people join the detachment.

If a naval detachment has enough rations to feed sixteen people for 10 days, it means that the total amount of rations they have is enough to sustain 16 people for 10 days. Therefore, we can calculate the total number of rations as 16 x 10 = 160 rations.

Now, if four more people join the detachment, the total number of people in the detachment will be 16 + 4 = 20 people. We need to find out how many fewer days the rations will last for these 20 people.

Let's assume that the number of rations required per person per day remains constant. In that case, the total number of rations required for 20 people for one day would be 20 x rations per person per day.

We can calculate rations per person per day by dividing the total number of rations by the number of people and the number of days.

So, rations per person per day = 160/(16 x 10) = 1 ration per person per day.

Therefore, the total number of rations required for 20 people for one day = 20 x 1 = 20 rations.

If the detachment has 160 rations in total, and they need 20 rations per day for 20 people, the rations will last for 160/20 = 8 days.

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State
five
features distinguishing Features of servicing​

Answers

Answer:

The answer is below:

Explanation:

Services are a byproduct of a business firm which is done in exchange for money. However, unlike the products or goods, it has its distinct features or characteristics.

Hence, there are various Features of services, some of which includes the following:

1. Intangibility: they are not tangible or cannot be touched

2. Perishability: they cannot perish like goods

3. Inseparability: services under the ae work or elements cannot be separated like goods

4. Heterogeneity: the quality of services is diverse, hence, the price and time of delivery vary.

5. Ownership: unlike the goods, when it comes to services the person rendering services is the one that tends to move around.

________ is needed to perform mental activities-thinking, reasoning, and problem solving.
A) Dynamic flexibility
B) Extent flexibility
C) Static strength
D) Dynamic strength
E) Intellectual ability

Answers

E) Intellectual Ability

Fill in the blank.in his theory of absolute advantage, adam smith advocated that ________ should determine what a country imports and what it exports.

Answers

"In his theory of absolute advantage, Adam Smith advocated that the market mechanism should determine what a country imports and what it exports."

What is the market mechanism?

The market mechanism links the actions of the 3 economic agents: consumers, producers, & owners of the fact-ors of production. The market mechanism is also call-ed the free market sys-tem. It is the situation wh-ere decisions on price & quantity in a mark-et are made based on demand & supply alone. We also refer to th-is as the price mechanism. The functions of the market mechanism spring in-to action when there is a dis-equilibrium in the market.

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Write an equation for y, the value at time t, that represents the situation. Let t = 0 represent the year 2021.
A physics lab purchases new equipment for $880,000 in the year 2021. The value depreciates over time, decreasing by $1,000 annually.
y = ___

Answers

The equation for y, the value of the equipment at time t, that represents the situation is:y = -1000t + 880,000.

Given that a physics lab purchases new equipment for $880,000 in the year 2021. The value depreciates over time, decreasing by $1,000 annually.

Let y be the value of the equipment at time t.

The initial value, or the value at t = 0, is $880,000.

The value decreases by $1,000 every year, which can be represented by the slope, m, of the linear equation.

Since the value decreases by $1,000 per year, the slope is -1000.

Using point-slope form, the linear equation for y in terms of t is:y - y₁ = m(t - t₁),

where y₁ = 880,000 and t₁ = 0.

Substituting y₁ = 880,000, t₁ = 0 and m = -1000 in the equation above:

y - 880,000 = -1000(t - 0)

y - 880,000 = -1000t

y = -1000t + 880,000

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