The process of distinguishing a product from its competition in real or perceived terms to attract customers is called product ________.

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Answer 1
The process of distinguishing a product from its competition in real or perceived terms to attract customers is called product differentiation.
The product is any good or service that might satisfied your need or what you want. By using the process of product differentiation, a company can distinguish a product from its competitors in such a way between similar products so that it attracts customers.

Related Questions

The mendes family bought a new house 11 years ago for $113,000. the house is now worth $151,000. assuming a steady rate of growth, what was the yearly rate of appreciation? round your answer to the nearest tenth of a percent (1.2% etc)

Answers

An equation is:
151,000 = 113,000 * ( 1 + p )^11
( 1 + p )^11 = 151,000 : 113,000
( 1 + p )^11 = 1.336283
1 + p = [tex] \sqrt[11]{1.336283} [/tex]
1 + p = 1.0267
p = 1.0267 - 1
p = 0.0267 = 2.67% ≈ 2.7 %
Answer: The yearly rate of appreciation is 2.7 %.

Rob wants to buy six dining room chairs. anderson's has the chairs priced at five for $259. what is the first step rob would take to calculate the price of the chairs?

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he would divide 259 by 5

Considering wacc, if the federal government suddenly stopped allowing deductibility of corporate debt interest, what would happen to the value of all corporations that issue step in their capital structure:

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Considering WACC, if the federal government suddenly stopped allowing deductibility of corporate debt interest, what would happen to the value of all corporations that issue step in their capital structure is that the risk of the project are the same as that of those other assets of the firm and would remain during the duration of the project and the project would support the same fraction  of debt to value as the overall capital structure that remains constant for the life of the project. The weighted average cost of the capital or WACC is the company's average rate of return to compensate all its different investors and they represent the source of finance in the target capital structure of the company.

request the entrepreneur to share his or her key success factors and elaborate on this success factors

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I interviewed a local advertising firm owner about the keys to her success. This are her list:
- Make sure to understand your business. Never invested any resource in a business that you're not familiar with
- Do not be afraid to pay your workers handsomely, because they will make sure to repay you in the future.
- Always finish your responsibilities before you're even considering doing anything else

Is waitressing considered customer service?

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Yes it is because you are doing what the customer wants you too

Sheila went to college to study accounting, and got her first entry-level job right after graduating. however, as she gained more experience at the law firm where she worked, she became more knowledgeable about tax law and decided to make a commitment to go to law school and become a tax lawyer. according to ginzberg, sheila is in the

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Sheila is in the state of realistic period where a person would likely be motivated and pursuing of the things that he or she wanted to do because of her or his personal goals or the idea that he or she has in mind. It could be seen above as she wants to pursue law because of the knowledge that she gains in the area.

Julio has run marathons all of his life, and recently has cut back on some of his other activities to increase the time he has for training in order to maintain his running skills. this is an example of

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It is an example of selective optimization because it is a way of improving or practicing a particular thing in order to maintain healthy or to improve the person's health and his or her well being. It could be seen above as he tries to do everything he can, in a healthy way, in order to keep himself from doing and maintaining his skills.

One major role that the government plays in the market economy of the u.s. is: requiring minimum levels of employment in major industries setting production targets for major industries allocating resources in various market activities setting laws governing economic activity

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One major role that the government plays in the market economy of the u.s. is:  setting laws governing economic activity
The only purpose for a government in a market economy is to make sure that all the people in that country are competing FAIRLY. They could do this by creating some taxation, export/import, and quality regulations

Food should be stored at least which distance from the floor?

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I think the correct value to fill in the blank would be 6 inches. Food should be stored at least 6 inches off the floor and 18 inches from the walls in order to decrease the possible condensation in the food that is brought by the differences in the temperature between the surface and the container of the food. 
Final answer:

Food should be stored at least six inches off the floor. The six-inch rule ensures the prevention of contamination from the floor and allows for better cleaning.

Explanation:

According to food safety regulations, food should be stored at a minimum of six inches off the floor. This is to ensure that the food is kept safe from any contaminants, pests or moisture that may be on the floor. Furthermore, the six-inch rule allows for adequate cleaning under the storage area, making sure the food remains in a hygienic environment.

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Tight money policy leads to an increase in

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A course of Action undertaken by the federal Reserve to constrict spending in Any economy that is seem to be growing too Quickly or to curb inflation when it is rising to fast
Final answer:

A tight money policy, or contractionary monetary policy, increases interest rates by reducing the availability of money and credit in the economy. This causes loanable funds to become scarce, thus increasing their cost, the interest rates. The result is a decrease in aggregate demand.

Explanation:

A tight money policy, also known as a contractionary monetary policy, leads to an increase in interest rates. The reason behind this is simple: such a policy aims to reduce the quantity of money and credit in the economy. By doing so, it makes the available funds for loaning scarcer.

Just like with any other goods, when something becomes scarce, its price goes up. So, with less loanable funds available, the cost of borrowing such funds, which is the interest rate, increases. This pivot to higher interest rates can lead to a decrease in aggregate demand as businesses find it costlier to borrow money for investment and consumers find it more expensive to finance big-ticket purchases.

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Harmony is defined as the simultaneous combination of –, which results in intervals and –

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Harmony is defined as the simultaneous combination of notes, which results in ensuing relationships of intervals and chords. Harmony usually produces a pleasing sound to the ears, because of the combination of simultaneously sounded musical notes. With the good relationship of intervals and chords, a musician can simply produce a harmonic sound.

A breach of _______ occurs when an agent has a conflict of interest or is disloyal to the principal.

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A breach of FIDUCIARY DUTY occurs when an agent has a conflict of interest or is disloyal to the principal. A fiduciary duty is the highest standard of care and requires the holder to care and to be loyal, it is a relationship of trust between two or more parties.  An individual who breaches a fiduciary duty has to account for ill gotten riches.

Compounding refers to the growth process that turns $1 today into a greater value several periods in the future.

a. True

b. False

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The above statement is TRUE. Compounding is the process by which the worth of an investment increases because the earnings on an investment, which is made up of the capital gains and interest earn interests as time passes. 

Why are junk bonds more popular during a bear market

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Bear markets are also known as financial crisis. During this periods, there is an equal probability for each company bond to turn into a junk bonk since they are less expensive. For this reason, junk bonds are more popular during a bear market.

What is it called when a single company is strong enough to control an entire industry?

Answers

I believe it's called monopoly- the strong company has eternal access to supplies, property, even trademark and can have enteral control over a companies & a whole industry!
Monopoly

Hope this helps : )

___________ efficiency is gaining the most output with a given amount of input, but not relating output to consumer utility.

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The answer to this question is Productive efficiency.

Productive efficiency is where businesses and firms use their management processes in order to be efficient and to be productive than before. In production efficiency, it is a state where the company utilizes their own resources and least amount of waste in the resources.  

Dr. frank is a 65-year-old college professor who is contemplating retirement. his health is deteriorating, but he wants to remain mentally stimulated and use the skills he has developed. if dr. frank adopts baltes's selective optimization with compensation model, he should:

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Since Dr. Frank still wants to remain mentally stimulated and use the skills he has acquired and developed, with the selective optimization that he adopted, he should chose an aspect of his job that would still fit him especially base on his health where he could adjust and keep him going in the same time, and chose whether which he likes best on jobs that could be offered in relation the line of his work.

Achieving legal right to own property, earn wages, access education, and vote were the goals of the ________ in seneca falls

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Achieving legal right to own property, earn wages, access education, and vote were the goals of the convention in Seneca Falls.
The convention took place in 1848, and it was a landmark event for women and their rights to vote, have proper education, be paid to work, and have their own property. Elizabeth Cady Stanton wrote her Declaration of Sentiments, where she proposed what women wanted to gain here.

Brizan has just lost his job. he is proactive in trying to resolve this source of stress: he immediately uses the internet to look up other jobs in his field and plans to eliminate non- essentials from his budget to make his savings last longer. which type of coping approach is brizan using?

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Brizan is using the problem focused technique. It is a way of managing stress where in the individual tries to eliminate stress by choosing or focusing on the reason why the problem has occur and not the stress or problem itself. It is a way of handling the situation in order to cope up not only with stress but to resolve the problem that has been done or occured.
Final answer:

Brizan is using a problem-focused coping strategy to manage his stress by proactively seeking new employment and planning to reduce expenses.

Explanation:

Brizan is utilizing a problem-focused coping approach to manage his stress after losing his job. This type of coping involves actively trying to solve the problem that is causing stress.

Brizan demonstrates this by immediately searching for new job opportunities and adjusting his budget to extend his savings, which are practical actions aimed at altering or managing the stressor itself. Unlike emotion-focused coping, which would involve efforts to reduce negative emotions without directly addressing the source of stress, problem-focused coping is about dealing directly with the situation that is causing stress.

Officers of the corporation are
A. appointed by the stockholders.
B. stockholders of the corporation.
C. appointed by the board of directors.
D. None of the above

Answers

I believe the correct answer would be C. Officers of the corporation are appointed by the board of directors. These officers would always include the CEO or the Chief Executive Officer (President), the COO or the Chief Operating Officer, the CFO or the Chief Financial Officer (Treasurer) and the Secretary. Although it may vary from one company to another, those abovementioned are always present.

The answer is C.appointed by the board of directors.

Trying new things on the job is one way of keeping young

Answers

That statement is true
Trying new things on the job will force the creative part of your brain to work which will make you feel young.
On top of that, trying new things will help you find a more efficient way to do your job which will increase your overall productivity in the office.

Final answer:

Trying new things on the job promotes personal growth and adaptability, fostering innovation and aiding in finding a role that aligns with one's talents. It requires a willingness to learn, adapt, and take on challenges, making it fundamental to career development and satisfaction.

Explanation:

True, trying new things on the job is indeed a way of keeping young. In a professional setting, embracing the challenge of new experiences and experimentation is a valuable mindset for personal growth and career development.

When starting something new, whether it's a job, a project, or even new responsibilities, it requires courage as there is no guarantee of success. However, this leap into the unknown can lead to significant personal and professional rewards. You learn about yourself, develop new relationships, and build valuable experience.

Companies like 3M encourage their employees to spend time on personal projects, understanding the value in fostering a culture of innovation. The labor market, especially for young workers, is dynamic, and sampling different jobs can eventually lead to finding a role that is a good fit for one's talents and preferences. In such an environment, flexibility and adaptability are key traits for an employee. A capacity to adapt to new workplace cultures and challenges is highly regarded.

For those just entering the workforce, it is important to start a new job with curiosity and a proactive approach to feedback. Being curious and seeking feedback can accelerate learning and integration into the company culture. Ultimately, maintaining a flexible attitude not only supports your ability to face new challenges but also opens up opportunities for continuous learning and job satisfaction.

The integration theory that asserts that technological and economic development lead to more and more supranational structures as states seek practical means to fulfill certain activities is __________.

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The integration theory that asserts that technological and economic development lead to more and more supranational structures as states seek practical means to fulfill certain activities is: Functionalism
Functionalism is a mental state where somone focus on what they should do rather than what they're made of. This allow someone to see the whole society around him/her as one big complex system

What is the term for an improvement in performance caused by the perception that others are watching?

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The answer is social facilitation. It is because the social facilitation affects an individual in a way that they would produce a different effect or actions that they are going to show and display when they are exposed to an audience. It is related above as it says that the improvement of a person's performance because of people watching is trying to depict the meaning of social facilitation in which a person acts differently when shown in the crowd or displayed in the audience. Their actions could either display a good or bad performance depending on their attitude of having other people watch or look at them.

How has the distribution of income in the united states changed over the last 20 years?
a. it has become more equal.
b. it has become less equal.
c. it became more equal for about 10 years but has become less equal.
d. it has not changed appreciably?

Answers

The correct answer to this question is:

b. it has become less equal.


Since 1970, the income inequality in the United States has increased significantly. This means that the income share of households receiving higher income has increased extensively, while those receiving lower income has decreased in effect. This can be attributed to a lot factors which includes the decline in labor unions, global workers competition, immigration of less-educated workers, and differences in policy, politics and race.

Answer:

b. it has become less equal.

Explanation:

Personal financial statements are a good way of measuring our current finances and giving us information about our financial activities.

TRUE OR FALSE



PLZ HURRY

Answers

True! Personal financial statements could be financial income and financial reports and statements, that helps checks the fiscal period for companies.

Hope this helps.
The answer is TRUE!!!!!!!!!!!!!!!!!!!!

What is difference between engineering management and project management?

Answers

Engineering management- Has the responsibility of managing a group of people that works solely for them. 
Project management- Are often responsible for gathering people to accomplish the task, but they may only work for them for the duration of the project. 

Answer:

Difference between Engineering management and Project management

Explanation:

Engineering management

Engineering management required a combination of both skills Technical and soft.Engineering management is the act of allocating resources, directing and controlling.

Project management

Project management is the sum total of all activities such as organizing, Implementing, Planning, and controlling the project in order to meet the client's expectation from beginning to the end within a Budget, time period and with the same quality.

“jeremy, can you possibly give me a ride to the airport this sunday,” your friend ben asks. not thinking that this is a big deal, you agree to do this favor for ben. “oh, that’s great! thanks so much. and by the way, i forgot that the plane leaves at 8:30 am so i’ll have to be be at the airport by 6:30 am. pick me up at 6:00. see you then,” ben adds. you are still likely to do the favor for ben because you have just been a victim of the _____________ technique.

Answers

you are still likely to do the favor for ben because you have just been a victim of the: lowball technique
The lowball is a selling technique in which an item is offered at a lower price than actually intended AFTER we increase the basis price. This technique often works because people have the tendency to conform to additional favor is it convinced to do another favor before

The persuasion method used by Ben in the given scenario is the foot-in-the-door technique, where a small initial agreement makes subsequent larger requests more likely to be agreed upon.

In the scenario provided, the tactic used by Ben to obtain the favor of a ride to the airport is an example of the foot-in-the-door technique. This social psychology principle relies on the idea that agreeing to a small initial request increases the likelihood of agreeing to a second, larger request. The person becomes self-perceptive and committed to the notion of being someone who helps others, which makes it easier for them to conform to further requests. In contrast to this, the door-in-the-face technique involves making an unreasonably large request first, which is then followed by a smaller, more reasonable request.

Jeremy is 7 years old and has been asked to balance a scale with weights that can be hooked to the arms of the scale. jeremy will probably _____.

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Since Jeremy is a child, he will not take note of the proper thing to do but only do it in a simple way of how he is asked. It is likely that he will only place the weights in the balance without even considering the distance from the center of the scale. It is not likely that he would think of that because he is still a child.

A foundry produces circular utility access hatches (manhole covers). currently, 120 covers are produced in a 10-hour shift. if labor productivity can be increased by 20%, it would then be:

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If labour productivity increased 20%, then the factor would be 1.2 x 120 = 144 manhole covers. In other words, labour productivity has a significant impact on how much of the material is made in the 10 hours. Productivity can be increased by such things as technical innovations to facilitate the manufacturing.

The aggregate demand curve shows that, if other factors are held constant, the higher the price level, the

Answers

higher price level will result in a decrease in the quantity of real GDP demanded
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