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Sholpan [36]
2 years ago
14

Unlike its competitors in the online air travel industry, Travelocity provides its customers with a greater variety of services

such as cruise reservations, package tours, hotel bookings, and car rentals. This is an example of a(n) ________ strategy. Group of answer choices
a. differentiation
b. promotional focus
c. diversification
d. overall cost leadership
Business
1 answer:
Trava [24]2 years ago
8 0

Answer:

C. Diversification

Explanation:

Diversification is the process of a business enlarging or varying its range of products or field of operation.

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b. When launching a new brand, we discussed in lecture that it is best to build the brand first with PR, and then sustain it wit
SashulF [63]

When launching a new brand, it is best to build the brand first with PR, and then with advertising is explained in the following way

Explanation:

In the past, almost every new brand was launched with a big advertising campaign. In today's media environment, that's not a good idea. Advertising is expensive and not very credible, especially when used on behalf of a new brand. That's why many of the most successful new brands were launched with PR.

Launching a new brand with PR, however, raises a number of questions.If no advertising agency is involved, who does the positioning strategy.

To stimulate your thinking about these ,here is an outline of six steps a PR launch might take.

1. The leak -A PR program usually starts with a leak to key reporters and editors. Internet sites are often favorite targets.

But no big brand has ever been successful in a category with no competition. The best thing that ever happened to Coca-Cola is Pepsi-Cola.

Not a good idea. The more competitors in a category, the larger the category. Competition creates enormous consumer interest in the category and stimulates a lot of PR.

Advertising is different. An advertising program is launched like a D-day attack. It's usually kept a top secret until the day the first ad runs.

It would have been better to let the PR run for a few months before launching the advertising. In turn, the ads could then focus on the success of the launch. (Nothing succeeds like success.)

2. The slow buildup

A PR program slowly unfolds like a flower blooming. A company has to allot enough time for the PR to develop momentum. That's why a PR launch often starts before the details of a new product or service are firmly fixed.

Advertising is different. An advertising program usually starts with a "big bang." Since consumers tend to ignore advertising messages, a new ad program needs to be big and bold enough to get above the "noise level."

3. The recruitment of allies

Why go it alone when you can get others to help communicate your message? The slow buildup of a PR program allows enough time to recruit allies to your cause.

Advertising is different. With a big-bang launch, there usually isn't enough time to line up supporters. Also, advertising alliances usually fall apart over the question of who pays for what.

4. Product modification

Feedback is an important element in a PR launch. By launching the PR program ahead of the actual product introduction, t

Advertising is different. Once a big-bang advertising program is launched, a company is committed.

5. Message modification

Feedback from a PR program also allows a company to modify the brand's message for greater consumer appeal.

6. The soft launch

PR versus advertising

In almost every way, the launch of a brand via PR is exactly the opposite of how a brand is currently launched with an advertising program.

5 0
2 years ago
A company uses the FIFO method for inventory costing. At the start of the period the production department had 20,000 units in b
UkoKoshka [18]

Answer:

equivalent cost per unit for labor: $4.1982

Explanation:

complete and transferred    165,000

work on ending WIP               16,500  //   22,000 x 75%

previous work on beginning (8,000) //  20,000 x 40%

Equivalent units                   173,500

labor cost added during the period 726,825

equivalent cost 726,825/173,500 = 4.198193084

equivalent cost per unit for labor: $4.1982

7 0
2 years ago
Caribbean Airlines has installed automated ticket machines in its major airport terminals that enable passengers to purchase tic
nalin [4]

Answer:

Contributor to quality and satisfaction

Explanation:

Service experiences are the results of interrelation between the customers and the organization respectively. Customer satisfaction is one of the basic requirement of any service provider. At some instances, customers play a very important role in achieving the satisfaction and the value of the service received. Also, they have roles in achieving quality and productivity while experiencing the service.

6 0
2 years ago
A study examined consumption levels of oil and carbon dioxide emissions for sample of counties. the response variable in this st
Lera25 [3.4K]
<span>The carbon dioxide (CO2) is the response variable. When analyzing statistics it is important to understand the difference between independent and dependent (response) variables. In this example, the oil is the independent because it is being changed, whereas the carbon is the response because it 'responds' to the oil and the amount of oil that is used.</span>
7 0
2 years ago
Poulter Corporation will pay a dividend of $3.25 per share next year. The company pledges to increase its dividend by 5.1 percen
JulsSmile [24]

Answer:

current price of the stock P = $55.084

Explanation:

given data

dividend D1 = $3.25 per share

Dividend growth rate g = 5.1 % = 0.051

Required rate of return r = 11 % = 0.11

solution

We can find the price of the company stock today by using Gordon's Growth Model  that is

current price of the stock P =  \frac{D1}{r-g}     ..................1

here D1 is dividend   and r is rate of return and g is growth rate

so here value in equation 1 we get

current price of the stock P =  \frac{3.25}{0.11 - 0.051}

current price of the stock P = $55.084

7 0
2 years ago
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