Answer:
Coca Cola's dominant strategy is strategy 1.
Explanation:
A dominant strategy refers to the choice a company makes that yields the maximum benefit compared to other available options. In this scenario, Coca Cola's optimal move is to choose strategy 1, as it results in the highest possible profit for the company.
Answer:
An explanation regarding the relevance of social media today in relation to communication within the marketing strategies of businesses is provided below.
Explanation:
To start, companies today need to adjust their communication strategies to align with marketing theories, especially with the influence of the internet and notably social media, in order to effectively connect with their target audience, who are integral to their primary revenue through sales. This highlights why social media has become a fundamental aspect of business development, as they strive to improve in this area to engage effectively with young consumers, who find this form of communication particularly impactful in today's world. Thus, social media represents a crucial mode of communication for younger audiences nowadays, as it plays a vital role in their daily lives.
Response
The solution and methods for the problem are included in the upcoming image.
Clarification
Please take into account the information supplied by the task. If you have any inquiries, feel free to contact me again. All the problems are addressed on a single page with references to the formulas.
To start with,
Let x signify the balance in the first savings account.
Let y signify the balance in the second savings account.
The combined total in the accounts is $9,000, leading to the equation:
x + y = 9000 (1)
Zack withdrew 10% from account x and 60% from account y, totaling $2,175.
Thus,
0.1x + 0.6y = 2175
or
x + 6y = 21750 (2)
To find y, subtract equation (1) from (2):
x + 6y - (x + y) = 21750 - 9000
5y = 12750
y = 2550
Next, from (1), compute:
x = 9000 - 2550 = 6450
Consequently, the balance in the first account is
0.9*x = 0.9*6450 = $5,805, while the balance remaining in the second account is
0.4*y = 0.4*2550 = $1,020.
Final answer:
The balance in the first account is $5,805 and the balance in the second account is $1,020.
Answer:
c) Providing a discount for students and seniors.
Explanation:
Price discrimination occurs when a seller charges different prices for the same product to varying customers. It is typically employed to capitalize on consumer surplus.
When a chocolatier identifies a buyer group willing to pay less, they can focus on this demographic and provide them with a lower payment option.
In this scenario, offering discounts to students and seniors indicates that the chocolatier has recognized these groups as customers likely to purchase chocolates for less than $20.
