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
olchik
2 months ago
11

Chill, a beverage manufacturer, offers varied versions of its products that include diet, cherry, vanilla and caffeine-free vers

ions in addition to its original product. With respect to market coverage alternatives, the given scenario reflects the company's decision to cater to ___________
Business
1 answer:
Nady [3.6K]2 months ago
7 0

Answer:

A differentiated market

Explanation:

When a company creates products for at least two distinct categories or demographics, it follows a differentiated marketing approach.

For example, a retailer might promote items in multiple towns appealing to various individuals, or a business may market a brand tailored to women across different age groups.

You might be interested in
A bakery famous for its cupcakes opens its doors at 9 a.m. and allows each customer to purchase up to 2 cupcakes until the day's
Nady [3600]

Answer:

The true statements regarding the market are:

1) The cupcakes are priced below their equilibrium level. This is evident as excess demand exists, which wouldn't be the case at the equilibrium price.

3) Customers getting cupcakes are those who value them the most, seen through their willingness to queue before the bakery opens.

4) The bakery does not rely solely on price for distributing cupcakes. Timing plays a role; only those who arrive early get them.

Statements (2) and (4) are incorrect because those conditions only hold true at the equilibrium point.

6 0
2 months ago
Carryon Company sells a product and a 12-month service package for that for a combined price of $800. Separately, the product an
Katen [3525]

The share of the overall price attributed to the product is under 50%, likely around 35-40%.

Clarification:

Given that the product's standalone price is $450 while the service is priced at $550, the total cost when both are purchased separately comes to at least $1000. However, the company is currently offering a promotion, selling both for $800.

This indicates that the business is experiencing some loss that must be absorbed. The discount provided to clients results in a loss of $200, which acts as a motivation for the customers.

3 0
2 months ago
Which two of these are essential for completing an initial mortgage loan application?
Katen [3525]

*Your name.

*Your income.

*Your Social Security number (for the lender to verify your credit)

*The address of the property you intend to buy or refinance.

*An estimated value of the home.

*The amount of the loan you wish to secure.

4 0
2 months ago
Other questions:
  • Beta Limited has opening PP&E balance of 150, a depreciation expense of 75, and a closing PP&E balance of 170, what is B
    11·2 answers
  • Carol is planning her personal finances. She has divided her plan into various short-term and long-term goals. Which action shou
    6·1 answer
  • Fabri Corporation is considering eliminating a department that has an annual contribution margin of $35,000 and $70,000 in annua
    7·1 answer
  • Question Workspace Copyrights in Digital Information When she was in college, Kiersten Walburg wrote a case study on Grokster, a
    5·1 answer
  • Location choice I has monthly fixed costs of $100,000 and per-unit variable costs of $10. Location choice J has monthly fixed co
    9·1 answer
  • Jack is a gamer, and every time he plays at a gaming center, he pays five dollars using a card that he recharges electronically
    5·1 answer
  • Pedro was tasked with creating the marketing message for the company’s new product line. Before he begins to craft his marketing
    10·2 answers
  • When the stock price follows a random walk the price today is said to be equal to the prior period price plus the expected retur
    6·1 answer
  • Novak Corp. issued 2,000 8%, 9-year, $1,000 bonds dated January 1, 2022, at face value. Interest is paid each January 1.
    8·1 answer
  • At year​ end, Rebos​ Company's financial statements showed sales of​ $820 million, net income of​ $425 million, total assets of​
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!