volkswagen has sold the bugatti veyron for about 15 years. each bugatti has an average selling price of $2.4 million and thus the market is very exclusive. one of the potential limitations of this ""concentrated"" marketing strategy is:
Answers
One potential limitation of a concentrated marketing strategy, such as the one employed by Volkswagen for the Bugatti Veyron, is its exclusivity and limited target market.
While targeting a niche market of high-end customers can be advantageous in terms of profitability and brand image, it also presents certain challenges:
Limited Customer Base: By focusing exclusively on a small segment of wealthy customers, the company restricts its potential customer base. This may result in a limited pool of buyers and slower sales growth.
Vulnerability to Economic Changes: Luxury markets are often more sensitive to economic fluctuations. During economic downturns or recessions, the demand for high-priced luxury goods may decline significantly, impacting sales and profitability.
Competitive Pressure: Concentrated markets attract competitors seeking to capture a share of the high-end market. As a result, increased competition can erode market share and reduce profitability.
Dependence on Brand Image: Concentrated marketing relies heavily on the appeal of the brand and its exclusivity. If the brand image weakens or loses its allure over time, it can impact sales and customer loyalty.
Lack of Diversification: Focusing on a single product or market segment can make the company vulnerable to changes in consumer preferences or technological advancements. Diversification into other segments provides more stability and reduces risk.
It is essential for companies using concentrated marketing strategies to carefully evaluate these potential limitations and assess the long-term sustainability and growth potential of their chosen market segment.
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Related Questions
Which of the following is one of the primary responsibilities of the federal judicial branch?
Answers
Answer:
to judge if laws made by the legislative branch are constitutional
Explanation:
Answer:
to judge the constitutionality of laws
Explanation:
8. How did Tucker's talent for press relations influence public opinion of him
during his life and in history?
Answers
The Tucker's talent for press relations influence public opinion of him
during his life and in history is: It allowed him to become very well known and his charming personality as well enabled him to become a very likeable person.
How the Tucker's talent for press relations influence public opinion?Tucker's talent for press relations helped shape public opinion of him both during his life and in history.
Through his skills in media and public relations, Tucker was able to effectively communicate his ideas and portray himself in a favorable light to the public. He was able to use the media to his advantage, and craft a public image that was appealing and memorable.
Therefore Tucker's talent for press relations had a significant impact on his reputation and legacy, and helped shape the way that he is remembered in history.
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Electronic résumés have an attractive, highly formatted appearance. T F
Answers
Answer:
False.
Explanation:
False.
Answer:false
Explanation: got it right
Assuming that for Specific identification method (item 1d) the March 14 sale was selected two-fifths from the beginning inventory and three-fifths from the purchase of January 30. Assume that the sale of August 31 was selected from the remainder of the beginning inventory, with the balance from the purchase of May 1
Answers
The amount of goods available for sale, ending inventory, and cost of goods sold at December 31 under each of the following inventory costing methods are:
a. Last-in, first-out
Cost of Goods Available For Sale
Units Cost per Unit Total
Beginning Inventory 1,800 × $50=$90,000
Purchases January 30 2,500× $62= $155,000
Purchases May 1 1,200 × $80=$96,000
Cost of Goods Available For Sale 5,500 $341,000
Ending Inventory
First step
Ending Inventory Units = 1,800 + 2,500 - 1,450 + 1,200 - 1,900
Ending Inventory Units = 2,150
Second step
Units Cost per Unit Total
Beginning Inventory 1,800×$50 = $90,000
Purchases January 30 350×$62 = $21,700
Ending Inventory 2,150 $111,700
Cost of Goods Sold
Cost of Goods Sold = $341,000 - $111,700
Cost of Goods Sold = $229,300
b. Weighted average cost
Cost of Goods Available For Sale
Units Cost per Unit Total
Beginning Inventory 1,800 × $50=$90,000
Purchases January 30 2,500× $62= $155,000
Purchases - May 1 1,200 × $80=$96,000
Cost of Goods Available For Sale 5,500 $341,000
Ending Inventory
Ending Inventory = 2,150 x $62
Ending Inventory = $133,300
Cost of Goods Sold
Cost of Goods Sold = $341,000 - $133,300
Cost of Goods Sold = $207,700
c. First-in, first-out
Cost of Goods Available For Sale
Units Cost per Unit Total
Beginning Inventory 1,800 × $50=$90,000
Purchases January 30 2,500× $62= $155,000
Purchases - May 1 1,200 × $80=$96,000
Cost of Goods Available For Sale 5,500 $341,000
Ending Inventory
First step
Ending Inventory Units = 1,800 + 2,500 - 1,450 + 1,200 - 1,900
Ending Inventory Units = 2,150
Second step
Units Cost per Unit Total
Purchases May 1 1,200×$80= $96,000
Purchases January 30 950×$62= $58,900
Ending Inventory 2,150 $154,900
Cost of Goods Sold
Cost of Goods Sold = $341,000 - $154,900
Cost of Goods Sold = $186,100
d. Specific identification
Cost of Goods Available For Sale
Units Cost per Unit Total
Beginning Inventory 1,800 × $50=$90,000
Purchases January 30 2,500× $62= $155,000
Purchases - May 1 1,200 × $80=$96,000
Cost of Goods Available For Sale 5,500 $341,000
Ending Inventory
Units Cost per Unit Total
Beginning Inventory 1,800×$50=$90,000
Purchases January 30 2,500×$62=$155,000
Sale March 14 (580)×$50=($29,000)
(870)×$62=($53,940)
Purchases May 1 1,200×$80=$96,000
Sale August 31 (1,220)×$50=($61,000)
(680)×$80=($54,400)
Ending Inventory 2,150 $142,660
Cost of Goods Sold
Cost of Goods Sold = $341,000 - $142,660
Cost of Goods Sold = $198,340
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Full Question: Gladstone Company tracks the number of units purchased and sold throughout each accounting period but applies its inventory costing method at the end of each period, as if it uses a periodic inventory system. Assume its accounting records provided the following information at the end of the annual accounting period, December 31. Transactions Units Unit Cost Beginning inventory, January 1 1,800 $ 50 Transactions during the year: a. Purchase, January 30 2,500 62 b. Sale, March 14 ($100 each) (1,450 ) c. Purchase, May 1 1,200 80 d. Sale, August 31 ($100 each) (1,900 ) Assuming that for Specific identification method (item 1d) the March 14 sale was selected two-fifths from the beginning inventory and three-fifths from the purchase of January 30. Assume that the sale of August 31 was selected from the remainder of the beginning inventory, with the balance from the purchase of May 1. Required: Compute the amount of goods available for sale, ending inventory, and cost of goods sold at December 31 under each of the following inventory costing methods:
Can someone please help me with this if your not going to help please don't comment thank you. I'm only saying this because I saw someone asked ant the person replied this is so long
Answers
(a) This transaction increases inventory and creates a new liability of $770 for accounts payable.
(b) This transaction increases cash at bank and decreases accounts receivable by $280.
(c)
This transaction increases fixtures and decreases cash at bank by $1,000.
How did we get these assertions?Using the information given, we can create the following statement of financial position (balance sheet) as at 30 April 2017:
Statement of Financial Position (as at 30 April 2017)
Assets Amount ($)
Fixtures 3,500
Motor vehicle 4,200
Inventory 4,950
Accounts receivable 3,280
Cash at bank 6,450
Cash in hand 120
Total Assets 22,500
Liabilities and Equity Amount ($)
Loan from T. Sasso 2,000
Accounts payable 1,600
Capital 18,900
Total Liabilities and Equity 22,500
After the transactions in the first week of May 2017, we can update the statement of financial position as follows:
Statement of Financial Position (as at 7 May 2017)
Assets Amount ($)
Fixtures 4,500
Motor vehicle 4,200
Inventory 5,720
Accounts receivable 3,560
Cash at bank 6,730
Cash in hand 120
Total Assets. 24,830
Liabilities and Equity Amount ($)
Loan from T. Sasso 2,000
Accounts payable 2,370
Capital 20,460
Total Liabilities and Equity 24,830
Explanation:
(a) Bought extra stock of goods $770 on credit
This transaction increases inventory by $770 and creates a new liability of $770 for accounts payable.
(b) Received $280 in cash from a customer
This transaction increases cash at bank by $280 and decreases accounts receivable by $280.
(c) Bought extra fixtures $1,000 by cheque
This transaction increases fixtures by $1,000 and decreases cash at bank by $1,000.
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Greg's average balance checking account pays simple interest of 5.4% annually, and he made $7.20 in interest last month. What was Greg's average balance last month?
Answers
Answer:
Greg's average balance last month was $ 1,600.
Explanation:
Given that Greg's average balance checking account pays simple interest of 5.4% annually, and I have made $ 7.20 in interest last month, to determine what was Greg's average balance last month the following calculation must be performed:
5.4 / 12 = 7.20
100 = X
0.45 = 7.20
100 = X
100 x 7.20 / 0.45 = X
720 / 0.45 = X
1600 = X
Therefore, Greg's average balance last month was $ 1,600.
the clinical assessment of decision-making capacity should include the patient's ability to
Answers
The clinical assessment of decision-making capacity is an important process that evaluates the patient's ability to make informed decisions about their health care.
When assessing decision-making capacity, it is crucial to consider several factors, including the patient's ability to understand the nature of their illness, the risks and benefits of various treatment options, and the potential consequences of their decisions.
Additionally, the assessment should include the patient's ability to communicate their preferences clearly and weigh the pros and cons of different options. Ultimately, the goal of the assessment is to ensure that the patient is fully informed and able to make decisions that are in their best interest.
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The goal when looking at a product family matrix is to look at product or services from a _________ point of view.
Answers
Matrix families are groups of weight matrices for the same or functionally similar transcription factors.
To classify products into families, utilize a product family matrix. Indicate the process steps that each product uses in the matrix to use it. Then, search for collections of frequent process steps. The product families are the groups.
The downstream processes are put first in the flow order of the process steps. Process stages that are further away from the client are referred to as downstream steps. In many cases, the usage of downstream process stages is the primary distinction between product families.
Workflow plans for product families can be modified to account for minor variations in the workflow by including diversions and scheduling the use of portable equipment.
Families of products do not necessarily serve the same market. Consider shared processes rather than shared markets.
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For my personal finance class
Which of the following is an example of the paradox of value?
a. You might choose an inflatable raft over a luxury car if you are adrift at sea
b. You might choose a diamond over a bottle of water if you really love dressing up
c. You might choose a hamburger over a veggie burger at a fast-food restaurant
d. You might choose a pair of socks over a hat if you are feeling cold
Answers
Answer:
b because diamonds dressing up
Dividends are paid out of profits, and:
(A) dividends are paid before a firm's taxes are paid.
(B) dividend payments must be approved by the firm's board of directors.
(C) dividends are guaranteed.
(D) dividends are usually paid twice a year.
(personal finance question)
Answers
Dividends are given out of profits, and it is commonly pay off twice a year. Option D is correct.
What are dividends?A dividend is defined as the amount of profit that is available for the distribution by a corporation to its shareholders, this amount of profit is given only when an enterprise earns a profit.
The majority of dividends are paid four times a year, on a quarterly basis, but some companies pay dividends twice a year.
Therefore, option D is correct.
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What is a typical first transaction for a business?
a) Purchase of a building
b) Withdraw cash from company's bank account
c) Invests cash into business
d) Purchase Land
Answers
What type of factors of production would you need to provide services to your clients?
Answers
The idea cited is Factors of production, which are the inputs used to supply an amazing or carrier with the intention to produce income. The answer is land, labor, entrepreneurship, and capital.
The four factors of production namely land, labor, capital, and entrepreneurship can be viewed as part of the economy. The land has a broad definition as a factor of production and can take many forms, from agricultural land to commercial real estate to the resources available on a given piece of land.
Labor refers to the effort a person puts into marketing a product or service. Capital generally refers to money.
Instead, it facilitates the processes used in production and allows entrepreneurs and contractors to purchase capital goods or land or pay wages. Entrepreneurship is the secret ingredient that brings together all the other factors of production into a product or service for the consumer market.
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A car manufacturer is offering the choice of a 0.2% loan compounded monthly for 72 months or $1800 cash back on the purchase of a $20,500 new car. Completo parts (a) through (c) below.
(a) If a car buyer takes the 0.2% loan offer, how much will the monthly payment bo?
The car buyer's monthly payment will be $
(Do not round until the final answer. Then round to the nearest cont as needed.)
Answers
Answer:
$286.5
Explanation:
Given the following:
Principal (P) = $20,500
Period(n) = 72 months
Rate(r) = 0.2% = 0.002/12 = 0.000166666666
Monthly payment (M) =?
M = P [ r / (1 - (1 + r)^-n) ]
M = 20500[(0.000166666666) / (1 - (1+0.000166666666)^-72)
M=20500[(0.000166666666) / 1 - (1.000166666666^-72)
M= 20500[(0.000166666666) / 0.01192729912821
M = $20500 [ 0.01397354624952]
M = $286.457698115328
M = $286.5
A product has three distinct layers. The second layer is the ________, which is the physical good or delivered service.
A) actual product
B) augmented product
C) core product
D) innovation
E) brand
Answers
A product has three distinct layers. The second layer is the actual product , which is the physical good or delivered service. (Option A).
The actual product represents the tangible features, functionalities, and attributes that customers can directly experience and interact with. It encompasses the physical aspects, performance, and quality of the product.
The actual product layer is one of the components in the broader product hierarchy, which also includes the core product (option C) representing the essential benefit or problem-solving aspect, and the augmented product (option B) incorporating additional features, services, or value-added elements beyond the physical product. Options D (innovation) and E (brand) are not specific to the second layer of a product.
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downtown bank provides lockbox services. they estimate that you can reduce your average mail time by 1.6 days and your combined clearing and processing time by .5 days by implementing their system. your firm receives 654 checks a day with an average value of $975 each. the current t-bill rate is .009 percent per day. assume a 365-day year. the bank will charge your firm $.17 per check. what is the net present value from installing this system?
Answers
the net present value from installing this system is $1,312,553.59.
To calculate the net present value (NPV) from installing the lockbox system, we need to estimate the initial cost of installing the system and the annual savings from using it. Here are the steps to calculate the NPV:
Calculate the annual savings from using the lockbox system. The reduction in mail time is 1.6 days and the combined clearing and processing time is 0.5 days, so the total time savings is 2.1 days per day. Since the firm receives 654 checks per day, this translates to a time savings of 1373.4 hours per year (654 x 2.1 x 365). To convert this time savings into a dollar value, we need to calculate the opportunity cost of the time saved, which is the return that the firm could earn if it invested the time savings in a risk-free asset like a T-bill. The T-bill rate is 0.009% per day, or 3.285% per year (0.009% x 365). Therefore, the annual savings from using the lockbox system is:
Annual savings = time savings x opportunity cost per hour
= 1373.4 hours x $975 x 3.285%
= $44,574.23
Calculate the initial cost of installing the lockbox system. The bank will charge $0.17 per check, so the annual cost of processing 654 checks per day is:
Annual cost = $0.17 x 654 x 365
= $40,224.30
Calculate the NPV using the following formula:
NPV = -Initial cost + Present value of annual savings
where the present value of annual savings is calculated using the T-bill rate. Assuming a discount rate of 3.285%, the present value factor for year 1 is 0.967, so the present value of the first year's savings is:
Present value of year 1 savings = Annual savings x Present value factor
= $44,574.23 x 0.967
= $43,098.63
The present value factor for years 2 to infinity is 0.935, so the present value of the remaining years' savings is:
Present value of remaining years' savings = Annual savings x Present value factor / (discount rate - growth rate)
= $44,574.23 x 0.935 / (0.03285 - 0)
= $1,309,679.26
Therefore, the NPV of installing the lockbox system is:
NPV = -$40,224.30 + $43,098.63 + $1,309,679.26
= $1,312,553.59
So the net present value from installing this system is $1,312,553.59.
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Isabel and Stuart open a money market account to begin saving for the
college expenses of their newborn daughter. This is an example of a
investment strategy.
O A. high-return
B. diversified
C. long-term
O D. high-risk
SUBMIT
Answers
Considering the situation described above, this is an example of a "Long-Term investment strategy."
What is a Long-Term Investment Strategy?Long Term Investment Strategy is a type of investment decision in which the investor hopes to reap the rewards later, usually five years or more.
Given that Isabel and Stuart opened a money market account to begin saving for the college expenses of their newborn daughter, which may take an average of 16 years or more before they reap it, this is an example of a "Long-Term Investment Strategy."
Hence, in this case, it is concluded that the correct answer is "Long-term investment strategy."
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Answer: C, long-term
Explanation: just finished test
The more companies an insurance company insures, the more likely they can predict the percentage of losses over a
given period of time. This is known as:
a) Statistical Analysis
b) Forecasting
c) Law of Large Numbers
Answers
Answer: C. Law of Large Numbers
Explanation:
The law of large numbers, posits that as the sample size grows, the mean of the samples will be closer to the average that's meant for the entire population.
According to the law of large numbers, when an experiment is repeated so many times, and then the results are averaged, the value that one gets will be close to the expected value.
In insurance, the more companies that are insured by the insurance company, the more likely they will b able to predict the percentage of losses over a given period of time.
How is a person counted as unemployed ?
Answers
Which is an example of a marketing function for a business? 1.Preparing income statements for the business 2. Obtaining new products to replace sold stock 3.Interviewing potential sales employees 4. Creating a banner ad for the company website
Answers
Answer:
4. Creating a banner ad for the company website
Answer:
4
Explanation:
on a test and got correct answer
As an auditor, why might you be interested in expanding the date range when evaluating sales data?
Answers
Auditors might be interested in expanding the date range when evaluating sales data to identify patterns, trends, and anomalies.
What benefits can be gained by extending the date range when analyzing sales data as an auditor?By extending the date range, auditors can gain a more comprehensive understanding of the sales patterns, trends, and anomalies within a business. Analyzing a wider time frame allows auditors to identify potential irregularities, such as unusual spikes or drops in sales, seasonal fluctuations, or long-term trends that may affect the financial performance of the organization. It also enables auditors to compare sales data across different periods, identify any significant changes in customer behavior, and evaluate the effectiveness of marketing or sales strategies. Expanding the date range provides a more holistic view of the sales data, helping auditors assess the accuracy, completeness, and reliability of the financial information reported by the organization.
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Assign weights to each key external and internal factor, these weights are not identical to those in the EFE Matrix and the IFE Matrix. TRUE / FALSE Globalization as it relates to the integrated internationalization of markets and corporations, has changed the way modern corporations do business. TRUE / FALSE the VRIO framework makes it possible to discuss the formulation and implementation of an investment and a simple integrative structure in business. TRUE/FALSE Some missions can affect, and some may improve business management TRUE/FALSE
Answers
Globalization has changed the way modern corporations operate. Assigning weights to factors differs from EFE and IFE matrices. The VRIO framework focuses on competitive advantage, while missions do not directly impact business management.
TRUE: Assigning weights to key external and internal factors is not identical to those in the EFE Matrix and the IFE Matrix. The specific weights assigned to factors may vary depending on the context, analysis methodology, and the importance of each factor to the organization.
TRUE: Globalization has indeed changed the way modern corporations do business. It has led to the integrated internationalization of markets and corporations, enabling companies to expand their operations globally, access new markets, and collaborate with international partners. Globalization has facilitated the flow of goods, services, capital, and information across borders, opening up opportunities for companies to reach a wider customer base and optimize their supply chains.
FALSE: The VRIO framework does not specifically address the formulation and implementation of an investment or a simple integrative structure in business. The VRIO framework is primarily used to assess the competitive advantage of a firm's resources and capabilities. It analyzes whether resources are valuable, rare, inimitable, and organized to capture value, helping businesses understand their strengths and weaknesses in relation to their competitors.
FALSE: Missions do not directly affect or improve business management. A mission statement defines the purpose, values, and goals of an organization. It serves as a guiding principle for decision-making and provides a sense of direction. However, effective business management involves various factors such as strategic planning, organizational structure, leadership, resource allocation, and operational efficiency. While a clear and well-defined mission can align the organization and provide a sense of purpose, it is not a direct determinant of business management outcomes.
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What are the advantages and disadvantages of multinational companies?
Answers
The advantages of multinationals help spread new technologies, create new jobs, produce tax revenue for the host country. The disadvantages of multinationals can influence host country politics, exploit the local economy, take US jobs.
Some of the advantages of multinational corporations (MNCs) are 1) it will help increase the nation's trade 2) it will help improve a nation's economy 3) it will increase employment opportunities for the people of a nation. Economically, multinational corporations are quite powerful. They ignore the needs of the country. They interact with the internal affairs of host nations. Multinational companies are powerful economic entities. They can afford to take losses for a long time, hoping to make big profits, once they are done. The advantages of a corporation include personal liability protection, security and business continuity, and easier access to capital. The disadvantages of a corporation include that it is time consuming and subject to double taxation, as well as having rigid paperwork and protocols.
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after sally as the print preview in print command to the quick access toolbar which icon would she have added
Answers
1. What is speculative risk?
A. a formula that measures profit and loss.
B. gain or increase in money and assets.
C. loss of money or decrease in value.
D. a category of risk that results in an uncertain degree of gain or loss.
2. Which of these can you invest in without assuming any risk?
A. stocks
B. none
C. property
D. bonds
3. Which of these choices is not possible with speculative risk?
A. financial loss
B. financial gain
C. guaranteed success
D. breaking even
4. Which is a risk control strategy?
A. avoidance
B. reallocation
C. rearrangement
D. amplification
5. Which is an example of risk retention?
A. having deductibles
B. keeping a fire extinguisher in your kitchen
C. quitting smoking
D. starting an exercise routine
Answers
Answer:
1. D
2.B
3.C
4.A
5.A
Explanation:
100% CA
Speculative risk is a category of risk that results in an uncertain degree of gain or loss. Thus, option D is the correct option.
What is the speculative risk?Speculative risk is a type of risk that can be chosen willingly and has a profit-or-loss outcome. Every speculative risk is one that is actively chosen to be taken. Nearly all financial investing operations include some level of speculative risk since the success or failure of such endeavours is ultimately unpredictable. Pure risk, a type of risk where the sole consequence is loss, can be combined with speculative risk.
Speculative risk is not pure risk, which includes the prospect of just a loss and no opportunity for profits, because there is the possibility of a sizable gain despite the high degree of risk. A certain amount of speculative risk is included in almost all investing operations. When the fundamentals do not immediately demonstrate strength or a viable business plan, an investment is considered speculative. Instead, the trader anticipates that other factors might drive up the price or that the future would have more promise than the present.
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arkansas escrow agent norman received the earnest money deposit from his clients bud and barbara on friday, january 6, the day the contract was signed by both parties. he must deposit the earnest money by the end of what day?
Answers
The timeline for depositing earnest money can vary depending on state laws and contractual agreements.
In most cases, an escrow agent like Norman is required to deposit the earnest money within a reasonable period of time. The specific time frame may be outlined in the contract or governed by state laws. It is crucial to consult the contract or seek legal advice to ensure compliance with the applicable regulations.
In the absence of specific contractual or legal requirements, it is generally considered good practice for the escrow agent to deposit the earnest money as soon as possible after receiving it. This helps maintain transparency and demonstrates good faith between the parties involved in the transaction.
In the given scenario, if the contract was signed and the earnest money was received by Norman on Friday, January 6, the deposit should ideally be made within the next business day or within a reasonable time frame thereafter.
Typically, this means that the earnest money should be deposited by Monday, January 9, or the next business day following the receipt of the funds.
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What is the maximum percentage of a taxpayer’s social security benefits that may be included in income for tax purposes?
Answers
The maximum percentage of a taxpayer’s social security benefits that may be included in income for tax purposes is 85%.
What is tax?Tax is a form of financial charge or other levy imposed upon a taxpayer (an individual or legal entity) by a state or the functional equivalent of a state such that failure to pay, or evasion of or resistance to taxation, is punishable by law. Taxes may be based on income, property, sales, imports, payroll, assets, or capital gains, among other things. Tax collection is a crucial source of revenue for governments, to fund public services and to pay for national obligations. The most common methods of taxation are income tax, social security contributions, property tax, sales tax, and corporate tax.
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Accepting the kind of criticism that can help you grows a trait of people with _____
Answers
Answer: self-esteem
Explanation: took the quiz.
a contract is essentially an agreement that creates an obligation. group of answer choices true false
Answers
A contract is essentially an agreement that creates an obligation is true.
A legally enforceable agreement between two or more parties known as a contract establishes, clarifies, and regulates the parties' respective rights and obligations.
The transfer of commodities, services, money, or a promise to transfer any of those at a later time are common components of contracts. The damaged party may seek legal remedies like damages or rescission in the event of a contract breach. Agreements must be kept, which is the foundation of contract law, a branch of the law of obligations that deals with contracts.
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money that’s irretrievably gone and instead to focus on the marginal costs and benefits of future options.
Answers
Sunk charges are to forget approximately the money and time that is irretrievably long past and rather attention to the marginal cost and blessings of contemporary and future options. cash that’s irretrievably gone and instead to consciousness at the marginal costs and benefits of destiny options.
Marginal cost is the brought value to provide an additional nicely. for example, say that to make 100 automobile tires, charges $a hundred. To make one extra tire might fee $eighty. this is then the marginal fee: how an awful lot it fees to create one additional unit of a great or carrier. The fees of manufacturing decide the marginal price.
Marginal cost refers to the extra cost to produce each additional unit. for example, it might cost $10 to make 10 cups of coffee. To make another would value $0.80. therefore, this is the marginal value – the extra fee to provide one extra unit of output.
Marginal cost represents the incremental costs incurred while producing extra units of a good or service. it's miles calculated by taking the entire alternate inside the value of producing extra items and dividing that through the trade inside the number of products produced.
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What does it mean to use diverse marketing strategies?
Answers
Answer:
Diversity refers to the fact that there are various ethnic or cultural groups within society. By using diverse marketing strategies, you appreciate this societal makeup with all of its different talents, needs, interests, and skills. It also means tolerating different preferences and ways of life — even in religious or sexual orientation.
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