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Naily [24]
2 years ago
12

In-N-Out Burger decides to target both the college student community and the artisan build-your-own burger segment. What advanta

ge does this strategy have?
Business
1 answer:
Ne4ueva [31]2 years ago
4 0

Answer:

Increasing total sales by targeting more customers

Explanation:

When a company has a product that can satisfy various segments of customers, they will target as many customers as possible.

This will increase the number of sales that the company makes and in turn will increase revenue.

Targeting a wider customer base is the strategy being used by In-N-Out Burger. They decided to target both the college student community and the artisan build-your-own burger segment.

This startegy can however be more expensive if different advertisements are required to target different segments. Promotion expense will increase.

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Zenda is a financial advisor for an investment company and also has a private bookkeeping business. She recently read about new
arsen [322]

Answer:

Participate in professional development opportunities a financial conference taking place next month covering new financial and bookkeeping regulations.

Explanation:

Accounting/Book keeping as a profession requires that a professional keeps updating his knowledge as new financial regulations comes up. She needs to have detailed knowledge of the new regulations since she provides professional services. Since this new regulation will affect how business is done with her client, the best decision is for her to update her knowledge on the subject by taking a course that seeks to explore what this new regulations connotes.

7 0
2 years ago
When McDonald's and other fast food restaurants offer "value menu" items at surprisingly low prices, they are most likely using
photoshop1234 [79]

Answer:

Good value, is the right answer.

Explanation:

The given blank will be filled by “good value” because when a restaurant charges or offer a value menu it means that it is just making a minimum profit in order to attract the customers. However, charging a lower price which makes minimum profit results in the good value pricing process. Additionally, good value pricing is a technique to increase their sales.

7 0
2 years ago
You run a small classroom market experiment with only three buyers and three sellers. The willingness to pay​ (reservation value
BabaBlast [244]

Answer:

Please see attachment .

Explanation:

Please see attachment .Please note that the sketch for supply and demand curves  are staircase shaped.

7 0
2 years ago
A dealer purchased a car for $19,500 and marked it up 15%. What is the sticker price of the car?
marusya05 [52]
It’s C. Because it “marked it UP” and 15% of 19,500 is 2,925. 19,500+2,925= 22,425
4 0
2 years ago
Read 2 more answers
Angela is part of the senior management of Fifian Inc., an event management company. She along with other members of the senior
VladimirAG [237]

<u>Full question:</u>

Angela is part of the senior management of Fifian Inc., an event management company. She along with other members of the senior management plans the annual budget of the company. Angela, however, is not required to take inputs from or involve the middle and supervisory managers of the company in this planning process. In the given scenario, Fifian Inc. most likely uses _____.

A. top-down budgeting

B. incremental budgeting

C. bottom-up budgeting

D. zero-based budgeting

<u>Answer:</u>

In the given scenario, Fifian Inc. most likely uses top-down budgeting

<u>Explanation:</u>

Top-down budgeting relates to a budgeting system where senior management equips a high-level estimate for the company. Through top-down budgeting, the company’s administration views prior practices and contemporary market circumstances.

Customarily, department directors and lower-level staff do not partake in the meetings but may put forward proposals for consideration. Such a kind of budget concentrates on the overall germination of the organization. Since managers are not a member of the budget-making method, they may not perceive much urge to assure their success.

3 0
2 years ago
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