Answer:
C) competition
Explanation:
ACE's new computer is in the introduction stage of the product life cycle. It is a very new and different product and therefore ACE can charge a high price until the growth stage begins. During the growth stage, the product's demand will increase and it will become a normal available product, that will attract several competitors into the market. Competitors might introduce newer versions of the product which are slightly different, but specially the price will be a decisive factor. As more competitors enter the market, the price will fall.
Answer:
The correct answer is (C) Diagnosis.
Explanation:
The marketing plan is the starting point to successfully implement the business strategies of any business. It is a written document that must contain the objectives, strategies and actions to be performed. It must be developed both strategically and tactically; that is, you must consider the conditions surrounding the business and the details of the execution of the plan.
Within the strategic level, there is the diagnosis. This step is fundamental, as it provides the foundation for the development of a good marketing plan. The diagnosis allows to gather crucial information regarding the initial situation of the business and the market, with which it is possible to anticipate the threats or opportunities provided by external factors.
I looked up the question, since this one is incomplete. I've attached an image of the correct chart. Elvis' marginal benefit of the fourth sandwich is his total benefit of eating 4 sandwich minus his total benefit from eating 3 sandwiches.
Looking at the chart, we see that this gives us 81-75 = 6.
Therefore, the Marginal Benefit of a fourth sandwich is 6.
Answer: The correct answer is "A. Choice (b) describes an externality. The advertising blimp imposes a cost on the motorist that is not accounted for in the market price of advertising. The restriction on coffee exports has market effects, which are not externalities. ".
Explanation: Choice (b) describes an externality. The advertising blimp imposes a cost on the motorist that is not accounted for in the market price of advertising. The restriction on coffee exports has market effects, which are not externalities.
An externality is a situation in which the costs or benefits of producing or consuming a good or service are not reflected in its market price despite having an external impact.
In case A, the situation is reflected in the market price, while in case B, the external situation, despite having an impact, does not affect the market price.
Answer:
d. Sales allowance.
Explanation:
Gershwin Wallcovering Inc. shipped the wrong shade of paint to a customer. The customer agreed to keep the paint upon being offered a 15% price reduction. The price reduction is an example of sales allowance. Sales allowance can be defined as the reduction or decrease in the price, charging less to the customer due to some negligence of the seller, issues with product, late delivery, delayed delivery, or wrong price tag and incorrect price charged. Sales allowance is being created when the buyer has been sent the bill, but before he or she pays for it. Same is the case which can be seen here in this case where Gershwin Wallcovering Inc. has shipped the wrong shade of paint to a customer and had to offer the sales allowance.
