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- Arabica beans undoubtedly make the best coffee. However, coffee houses sometimes blend their coffee a bit, adding some Robusta beans which are cheaper but not as tasty. All customers know that Arabica beans are better, and so like their coffee with as much Arabica as possible. And yet, their customers aren’t coffee connoisseurs, and so they’re not very good at distinguishing small changes in the blend. If the difference between two blends is less than 50g of a 500g bag, then customers simply can’t tell the difference. Each day, one coffee house called Java Covfefe House presents its customers with two of its three blends. Blend A has in 10g of Robusta beans; Blend B has in 40g of Robusta beans, and Blend C has in 70g of Robusta beans. Java Covfefe House doesn’t say how much Robusta is in each blend, but they allow the customers to taste it before they buy it. Now assume that x ≻ y means that customers definitely pick x over y, x ⪰ y means customers either prefer x to y or they can’t…A high growth market in South America has the following five brands competing in two regions (yearly sales): Total Units Units Brands Revenues (Pesos) 9,000 (South) (North) Allright Besthelp Coldcure+ 6,000 Defogg Effect 150 274 4,250 100 200 234 5,520 200 200 14,000 350 333 What is Defogg's relative market share (revenues)? TUTORIAL 0.00 index20- Which one of the following is the benefit for setting manufacturer’s suggested retail price? a. Drive the competitors b. Reduce retail price competition c. Raise prices and earn profits d. Increasing the value of the product
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- You see an opportunity to start a business on a popular tourist beach. You decide to open a small shop nearby and sell items to tourists. Which combination of items makes the most sense to sell? Select one: a. Tents, coolers, hammers, plywood b. Sunscreen, swimsuits, disposable cameras, sunglasses c. Sandals, cement mix, rope, chairs d. Raincoat, fur coat, shovel, tablesNeed urgently soon soon please sir please i will provide you good rating Define brand equity and brand leverage. What is the relationship between these concepts? How do brand equity and brand leverage impact upon firm performance?3 Products and services fall into two broad classifications based on the types of consumers that use them. Which is one of these broad classes?Select one: a. industrial productsb. supplies and servicesc. specialty productsd. materials and parts