Tennot Inc. sells used cars. It focuses solely on low-income customers who prefer to buy a used car rather than a new one. Therefore, it develops one marketing mix that targets a low-income demographic group. In this scenario, Tennot Inc. most likely uses aNo _____.

Answers

Answer 1

Answer:

Answer: Concentrated targeting strategy

Explanation:

The concentrated targeting strategy is one of the type of marketing strategy in which the typically adopted by the different types of small firms which contain limited resources for the production of various types of products and the services in the market.

According to the given question, the Tennot Inc., is basically using the concentrated targeting strategy based on the given scenario for achieving the desirable goals of an organization as it helps in developing the marketing mix and target to the low financial income or resources company.

Therefore, Concentrated targeting strategy is the correct answer.

Related Questions

Ashley, a manager at a toy manufacturing company, needs to create a financial document for the company that would show how the company's operating, investing, and financing activities are expected to affect the asset, liability, and owners' equity accounts. To prepare this document, Ashley needs to collect data from:
What did Thomas Jefferson believe was the main purpose of government?
The employer contributions to the state unemployment insurance fund, group health insurance, or a pension fund are not normally considered a benefit.true or false
Indicate all the items in the following list that are not factors of production and explain why. Item a: Vans used by a baker to deliver bread Item b: 1,000 shares of Amazon stock Item c: Undiscovered oil in the Arctic Ocean Item d: A bulldozer Item e: A soda Item f: The Attorney General
Changes in supply and demand cause a market's __________ to change.a. quality b. technology c. freedom d. equilibrium

Self-confidence is the most important quality forA. consideration.
B. communication.
C. building new relationships.
D. good listening skills.

Answers

Self-confidence is the most important quality for building new relationships. Option (c) is correct.

You can enjoy independence from self-doubt and self-critical thoughts when you have self-confidence. Feeling less anxious and more fearless. Greater self-assurance increases your willingness to take calculated chances and your capacity to step outside of your comfort zone. being less restricted by social anxiety.

A person uses relationship-building skills, which are a collection of soft skills, to connect with others and create healthy connections. Relationship-building abilities are crucial in the job for getting along with coworkers, contributing to a team, and understanding people.

Therefore, Option (c) is correct.

Learn more about self-confidence, here;

brainly.com/question/30843911

#SPJ6

I would say C.; because you can't be thinking bad stuff about yourself while trying to tell another person your qualities.

Hope this helps :)

Samantha has been asked to join a task force that is charged with boosting organizational productivity. First, she was asked to jot down ideas on how to increase productivity, and after that, the group met to discuss everyone’s ideas and come up with solutions together based on those suggestions. Samantha’s taskforce best exemplifies which creative problem solving method?A) Traditional brainstormingB) Electronic brainstorming

C) Nominal group technique

D) Groupthink

Answers

Answer: Nominal group technique

Explanation:

Nominal group technique (NGT) can be defined as a structured method for a group brainstorming which encourages contributions from everyone and enhances quick agreement on the importance of issues, or solutions.

In nominal group technique, team members begin by writing down ideas, and then select the idea they feel is best. The nominal group technique identifies problems, and generates specific solutions that are needed for decision making.

Antitrust laws keep businesses from _____.

Answers

Forming monopolies and taking control of a market through vertical or horizontal integration (i.e., Standard Oil Trust headed by John D. Rockefeller).

Which of the following is an example of a functional team? a. A plastic surgeon, a dentist, a nurse, and a health insurance specialist consulting for a burn victim b. A teacher, a principal, four parents, three students and a school board member building a school schedule c. Four architects working to complete plans for a new corporate office building in downtown New York d. An accountant, a lawyer, and a paralegal giving advice to a corporate manager with legal problems

Answers

Example of a functional team is c. Four architects working to complete plans for a new corporate office building in downtown New York

What are Functional teams?

Functional teams serves as those temas that has an organizational members which work together o achieve a goal.

Therefore, functional team involves several vertical levels of the organizational hierarchy .

Learn more about Functional teams at;

brainly.com/question/24553900

#SPJ2

Answer:

Explanation:

Four architects working to complete plans for a new corporate office building in downtown New York.

It is a specific functional team with a target for a corporate office in NY.

Suppose the required reserve ratio is 20%. A $10 million cash deposit will allow commercial banks to create at most A) $20 million. B) $100 million. C) $50 million. D) $2 million

Answers

The correct answer is D

The lower the __________, the less interest you will pay.a. credit limit.
c. APR.
b. incentive.
d. grace period

Answers

The lower the grace period the less interest you will pay. Grace period is the span of time that you will be paying your loan or debt. Ofcourse the longer the time span the bigger the interest you will pay since it will grow every month based on the contract

Answer:

It is APR.

Explanation:

the dude who said grace period is stupid

Other Questions

Police officers often use ________ To get information from their witnessesA. Intrapersonal communication B. Small group communication C. Interviewing D. Public speacking

i X Х Requirements 1. Journalize any required entries. 2. At what amount should the company report merchandise inventory on the balance sheet? 3. At what amount should the company report cost of goods sold on the income statement? 4. Which accounting principle or concept is most relevant to this situation? Print Done Some of K and B Electronics's merchandise is gathering dust. It is now December 31, 2018, and the current replacement cost of the ending merchandise inventory is $22,000 below the business's cost of the goods, which was 595,000. Before any adjustments at the end of the period, the company's Cost of Goods Sold account has a balance $390,000 Read the requirements, Requirement 1. Journalize any required entries. (Record debita first, then credits. Select the explanation on the last line of the journal entry table. For situations that do not require an entry, make sure to select "No Entry Required in the first cell in the "Accounts" column and leave all other cells blank.) The required journal entry would be: Date Accounts and Explanation Debit Credit Dec. 31 Requirement 2. At what amount should the company report merchandise inventory on the balance sheet? K and B should report merchandise inventory on the balance sheet at Requirement 3. At what amount should the company report cost of goods sold on the income statement? K and B should report cost of goods sold on the income statement at Requirement 4. Which accounting principle or concept is most relevant to this situation? is the reason to account for merchandise inventory at V directs accountants to decrease the accounting value of an asset if it appears unrealistically high.

In order to be more competitive globally, production techniques such as enterprise resource planning and lean manufacturing are being used by American manufacturers.

Viola took out a $8,470 Stafford loan at the beginning of her four-year college career. The loan has a duration of ten years and an interest rate of 7.5%, compounded monthly. How much more will Viola’s monthly payment be if the loan is unsubsidized than if the loan is subsidized? Round all dollar values to the nearest cent.