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OlgaM077 [116]
2 years ago
7

BENGAY aspirin, Cracker Jack cereal, Frito-Lay lemonade, and Fruit of the Loom laundry detergent are examples where consumers' _

_______ dictated that the extensions were inappropriate for the brand.
Business
2 answers:
elixir [45]2 years ago
8 0

Answer:

Brand knowledge

Explanation: Brand knowledge is a term used in Marketing and brand identity to describe the ability of a Consumer to have a clear understanding of a particular product or brand, with this understanding, the Consumer will be able to identify and remember the brand when the need arises.

With Brand knowledge consumers are able to classify brands and dictate or suggest to the brand owners what steps and actions are needed to improve its sales or what actions are hindering its progress.

Volgvan2 years ago
5 0

Answer: Brand knowledge

Explanation:

Brand knowledge are the feelings, thoughts, experiences that consumers associates with a company or business’s brand. Brand knowledge is the extent to which a brand is recognized by consumers and it is an important consideration in advertising, consumer behavior, brand management, strategy development and management. The company's brands will be developed by the consumer s based on their thoughts on how they feel about the company's products and their experiences with the company.

The ability of the consumer to recognise a brand is key to purchasing decision-making. Brand knowledge is essential for consumers in buying products. Awareness does not really mean that the consumer must know a specific brand name, but that the person must be able to recall certain features for buying to proceed.

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Gillette now markets its Body line of razors, blades, and shaving gels for "manscaping," the art of shaving body hair in areas b
Varvara68 [4.7K]

The correct answer for the question is option"b", changing the value offered to the customers.

Explanation:

Gillete's strategy is to increase the utility of the product to the customers by making it usable for a variety of purposes. By making the products "manscaped" the products can be used for removing the hair below the neck line. Thus, the company is trying to offer better value to the customers. the value addition is in the form of improved utility for a variety of purposes. Customers will gain better value for the price they are paying for the product.

7 0
2 years ago
True or False: A small number of institutional investors are often able and motivated to bring direct shareholder pressure on a
Pani-rosa [81]

Answer: True

Explanation:

The agency problem is when there is a conflict of interest between the management of a company and the stockholders that exists in the company.

In order to help reduce the potential agency conflicts that at occur during the course of a business, a few of the institutional investors often bring in the pressure of the direct shareholder on the management of a firm. They believe by involving the shareholders, the management will try not to have any differences with the shareholders and thereby reducing agency problem.

3 0
1 year ago
Green Roof Inns is preparing a bond offering with a 6 percent, semiannual coupon and a face value of $1,000. The bonds will be r
belka [17]

Green Roof Inns is preparing a bond offering with a 6 percent, semiannual coupon and a face value of $1,000. The bonds will be repaid in 10 years and will be sold at par.-The correct statement is -<u>The bonds will sell at a premium if the market rate is 5.5</u>

Explanation:

The important point to be noted from the given question is that the bond is offered when the market rate is 6 percent.

So ,the bonds are said to selling at premium since the market rate has reduced from 6% to 5.5%

In this case it is right to say that -Green Roof Inns is preparing a bond offering with a 6 percent, semiannual coupon and a face value of $1,000. The bonds will be repaid in 10 years and will be sold at par.-The correct statement is -<u>The bonds will sell at a premium if the market rate is 5.5</u>

4 0
1 year ago
Psychographic segmentation is based on ________.
snow_tiger [21]

Answer:

Letter D is correct. <em>Grouping people according to their psychological characteristics, values, and lifestyles.</em>

Explanation:

Psychographic segmentation is a market segmentation technique where individuals are grouped according to psychological traits such as lifestyle and behavioral patterns which may be: opinions, social status, eating habits, daily routine and many others.

This type of segmentation aims to identify psychological traits and values ​​that influence individual consumer behavior.

3 0
2 years ago
You have a neighbor, Mr. Peterson, who comes to you for advice. He owns a fish and chips restaurant, "The Codfather, LLC" which
Vladimir [108]

The first advice I would give Mr. Peterson would be to formalize the transfer. So the first step in this situation would be to contact a good lawyer to see if the transfer of business to your child would be authorized. This is because the transfer of LLCs has rules that may differ from one location to another.

7 0
2 years ago
Read 2 more answers
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