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Mr. Dennison knows each and every child who comes in to his Kumon reading

Mr. Dennison knows each and every child who comes in to his Kumon reading center, and prides himself on knowing how he can personally address each of their reading challenges. What type of market coverage strategy is Mr. Dennison employing in his business?

2 months ago

Solution 1

Guest Guest #1626003
2 months ago

Answer:

Micromarketing

Explanation:

According to my research on different market coverage strategy, I can say that based on the information provided within the question Mr. Dennison is employing a Micromarketing in his business. This strategy focuses it's efforts on marketing to a tightly targeted small group of individuals who are interested in a certain product or service. By knowing all of the children personally and their likes and dislikes he can market specifically to them.

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📚 Related Questions

Question
Edgar hired a graduate from his alma mater, thinking he would be a successful first line supervisor. Unfortunately the new hire hasn't worked out as well as hoped. Edgar decided to invest time and money in training for the new hire but saw little improvement. Next he assigned a successful supervisor to mentor the young employee. The problems persisted. Edgar is displaying ________.a) bounded rationalityb) irrational behaviourc) poor judgmentd) escalation of commitment
Solution 1

Answer:

D) Escalation of Commitment

Explanation:

Based on the information provided within the question it seems that Edgar is displaying a behavioral pattern known as Escalation of Commitment. This refers to displaying a positive behavior and continuing a strict and confident set of actions regardless of continuously facing negative outcomes. Which is what Edgar keeps displaying despite seeing little to no improvement in his employees.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

Question
Happy daze tours is attempting to segment the market for their new vacation package. They decide to survey consumers to discover if they include surfing the web as one of their favorite pastimes. Happy daze is using which type of segmentation base to segment the market? 1. objective and general 2. subjective and general 3. web-based research 4. objective and specific 5. subjective and specific
Solution 1

Answer:

Happy daze is using to segment the market:

2. Subjective and general

Explanation:

Segmentation is classified as being objective and subjective. Objective is when it can be accurately measured like age and subjective is when it has to be measured with people as it is about feelings and tastes.

Also, there are levels of segmentation that are: general and specific. At the general level, the segmentation is based on permanent consumer characteristics like age and gender. At the specific level, consumers are segmented to less permanent characteristics like heavy and light users of a product.

According to this, as Happy daze is segmenting customers by lifestyle and this corresponds to subjective and specific because is about tastes and preferences.

Question
The president of Deal Corp. wrote to Boyd, offering to sell the Deal factory for $300,000. The offer was sent by Deal on June 5 and was received by Boyd on June 9. The offer stated that it would remain open until December 20. The offer: A .constitutes an enforceable option. B .may be revoked by Deal any time prior to Boydâs acceptance. C .is a firm offer under the U.C.C. but will be irrevocable for only three months. D. is a firm offer under the U.C.C. because it is in writing.
Solution 1

Answer:

B. May be revoked by Deal any time prior to Boyd's acceptance

Explanation:

Question
When the price of oranges increases from $4 to $6 per bag, the quantity demanded of oranges decreases from 800 bags to 700 bags. The price elasticity of demand over this price range is equal to___________
Solution 1

Answer:

0.25

Explanation:

Percentage\ increase\ in\ price=\frac{6-4}{4}\times100

                                                          = 50%

Percentage\ Decrease\ in\ quantity\ demanded=\frac{800-700}{800}\times100

                                                          = 12.5%

Therefore,

price\ elasticity\ of\ demand=\frac{Percentage\ change\ in\ quantity\ demanded}{percentage\ change\ in\ price}

price\ elasticity\ of\ demand=\frac{12.5}{50}

                                                     = 0.25

Hence, the price elasticity of demand over this price range is equal to 0.25

Question
A broad declaration of the organization's overriding purpose, which is intended to identify the organization's products and customer base, as well as to differentiate the organization from its competitors, is known as a ________ statement. A) functional-level B) mission C) formulated strategy D) positioning
Solution 1

Answer:

B. Mission

Explanation:

Question
Which two actions should you take during an informational interview? a Speak with confidence when the interviewer asks a question, and be yourself. b Tell the interviewer that you would be willing to take any job an employer offers to you. c Call the interviewer by his or her first name unless directed otherwise. d Encourage the interviewer to do most of the talking during the interview. e Bring your parent with you to make sure that you don't forget any questions.
Solution 1

Answer:

Two actions that you should take during an informational interview are:

a Speak with confidence when the interviewer asks a question, and be yourself.

d Encourage the interviewer to do most of the talking during the interview.

Explanation:

An informational interview is a conversation you have with someone that works in a field in which you are interested. The goal of this is to get information about the specific job or sector, learn about opportunities and about working for a specific company. For these interviews, you should prepare questions to ask the person, be ready to talk about yourself with confidence and you can let the interview flow and encourage the interviewer to do most of the talking.

Question
In 1983, one could buy a model radio-controlled airplane for $11.50 each. Those same planes are available today and the price increased at exactly the rate of inflation. If the CPI today is 220.5 and in 1983 was 105, what is the price of the airplane today?
Solution 1

Answer:

The price of the airplane today is $24.15

Explanation:

In this question, we proportionate the items

Since, for the 1983 year, the price is given and the CPI for today and in 1983 is also given.  

So, the price of the airplane would be  

= CPI today × (Price in 1983 ÷ CPI in 1983)

= $24.15

We divide the 1983 price with the 1983 CPI and then multiply the CPI to get the price for today.

Question
Which of the following is NOT included in the expenditure approach to calculatingâ GDP? A. consumption expenditure B. investment C. wages D. net exports of goods and services E. government expenditures on goods and services
Solution 1

Answer:

Option (C) is correct.

Explanation:

The expenditure method for calculating GDP of a nation includes consumption expenditure, investment expenditure, government final consumption expenditure and net exports of a nation.

The expenditure method of determining GDP is different from income and value added method of calculating GDP.

In the long run, the equation of expenditure for GDP is equivalent to the aggregate demand in an economy.

Hence, wages are not included while calculating GDP from expenditure approach.

Question
Australia-based Renewable Energy Ltd. sells a $10 million device that converts manure into energy. One of these devices is capable of generating energy equal to $2 million of natural gas per year. The company believes its target market consists of businesses that use a lot of energy like its first customer, a fertilizer manufacturer that was located in a rural area. If the firm decides to expand to the U.S., it most likely will use which of the following strategies to segment its market? a.behavioral and geographic b.number of employees and behavioral c.purchase location and purchase type d.NAICS code and geographic e.behavioral and NAICS code
Solution 1

Answer:

a.behavioral and geographic

Explanation:

If the firm decides to exand to the US, it will likely use the following strategies to segment its market:

Behavioral segmentation is about dividing the market in groups that show similar buying behaviors. For example, a parameter used in behavioral segmentation is usage oriented where you group the market based on how much they use the product, which is what the company did in this case as it thinks that its target market consists of businesses that use a lot of energy.

Geographic segmentation is when a company divides its market based on the place the customers are located. In this case, the company is likely to use this strategy to segment the market because it thinks that the target market consists of businesses similar to its first customer that was located in a rural area.

Solution 2

Answer:

Behavioral and geographic ( A )

Explanation:

An Australia-based Renewable company wanting to expand its service Abroad based on the success of it business activities which were based on the buying buying of its customers and also the geographic location of its existing customers.

The Behavioral pattern of purchasing companies involves the Rate,pattern and the type of business they are involved in which purchasing companies are involved with.

Geographic pattern of purchasing companies involves the location of the companies involved in the purchasing of the products of the Australia-based Renewable Energy ltd.hence the company will base its relocation of its business to America, will be based on Geographic and Behavioral pattern.

Question
All of the following are basic types of compensation plans for salespeople EXCEPTâ ________. A. salary plus bonus B. straight salary C. salary plus company shares D. straight commission E. salary plus commission
Solution 1

Answer:

A. salary plus bonus

Explanation:

According to my research on different types of compensation plans, I can say that based on the information provided within the question the one answer that is not a basic type of plan is a salary plus bonus. Companies or Business' will either offer a salary or a commission based job, and may even add bonuses to the commission based jobs, but these business' never offer both a salary and bonus to the same person or within the same contract.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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