answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
irga5000
2 months ago
15

Herbal Organics used actor and former NFL player Sweet Dave Brown to act as its spokesperson as the "Herbal Organics Man." It fi

lmed humorous videos of the actor that went viral online. Herbal Organics saw sales of its deodorants increase substantially from the previous year. What type of competitive growth strategy did Herbal Organics use?
A. Product penetration
B. Market development
C. Diversification
D. Market penetration
E. Product development
Business
1 answer:
Katen [3.5K]2 months ago
8 0
The correct answer is D. Market Penetration. Market penetration refers to the growth strategies outlined by Ansoff. By utilizing an actor alongside an ex-NFL player for their promotional content, Herbal Organics effectively enhanced their market reach and, as a result, significantly boosted their sales in comparison to the previous year. This strategy focuses on attracting customers away from competitors, thereby augmenting the company's market share through intensified marketing efforts.
You might be interested in
80 points! Please help!! You have been invited to give a speech at a local restaurant. The person who is hosting the event has a
arsen [3447]
I would consider how to captivate my audience and choose a topic that would engage everyone, ensuring they all take away something valuable.
5 0
1 month ago
In your own words, briefly describe the benefit of each type of alert below: a. Low Balance b. Mobile Deposit c. Unusual Activit
Scilla [3833]

Answer:

Explanation:

a. Low Balance: This alert can be configured based on a specific threshold you choose. It notifies you when your bank account balance reaches the limit you established, such as $50, $500, or $1000, thus helping you avoid overspending.

b. Mobile Deposit. Each time you deposit a check using your smartphone, you receive a text message. This serves as confirmation for submitting the check. Additionally, it offers convenience by notifying you when the check has been cleared and funds deposited in your account.

c. Unusual Activity. You’ll receive this alert if the bank detects any atypical activity, which may indicate potential fraud. For example, it could occur when transactions are made that don't align with your regular spending habits or if transactions happen outside your typical geographical area.

2.

Among these alerts, the most crucial one would be Unusual Activity since it poses a greater risk compared to the others.

5 0
3 months ago
Risks commonly considered to understand project financing are:
marusya05 [3725]

The risks generally examined in the context of project financing include: construction and completion risk, political and regulatory risk, and expropriation and nationalization risk, along with environmental risk.

7 0
2 months ago
Read 2 more answers
Other questions:
  • Why do complex decisions often raise ethical considerations for the entrepreneur?
    13·1 answer
  • Determine whether each action is an example of saving or investing: Putting $20 per paycheck into an account to help pay for boo
    5·1 answer
  • Assume Chester Corp. is downsizing the size of their workforce by 20% (to the nearest person) next year from various strategic i
    7·1 answer
  • Carlos wants Juan and Rita to handle the personality issues themselves. As the company did not make any thought-out change in an
    6·1 answer
  • Sapp Trucking's balance sheet shows a total of noncallable $45 million long-term debt with a coupon rate of 7.00% and a yield to
    14·1 answer
  • I'LL GIVE BRAINLIST!!!
    14·2 answers
  • Your company wants to set aside a fixed amount every year to a sinking fund to replace a piece of industrial equipment costing $
    13·1 answer
  • A shopper infers that a product must be of high quality because the manufacturer has been in business a long time. Which heurist
    12·1 answer
  • At a sales volume of 40,000 units, Lonnie Company's total fixed costs are $40,000 and total variable costs are $60,000. The rele
    13·1 answer
  • Colex wishes to bid on a contract that is expected to yield after-tax net cash flows of $25,000 in year 1, $30,000 in year 2, an
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!