The action of New Balance, Inc. to successfully reposition its athletic shoes to focus on fit, durability, and comfort rather than competing head-on against Nike and Adidas in fashion and professional sports is <u>A. a reaction to a </u><u>competitor's position</u><u>.</u>
<h3>What is competitive positioning?</h3>
Competitive positioning is offering and creating value for your customers and brand in the market.
The following four competitive positions can be assumed by an entity, depending on the adopted market strategies:
- Market leadership
- Market challenging
- Market followership
- Market niching.
<h3>Answer Options:</h3>
A. react to a competitor's position
B. reach a new target market segment
C. catch a rising trend
D. change the value offered to its customers
E. accommodate its target audience's preference for comfortable sneakers
Thus, New Balance, Inc. is likely reacting to <u>Option A</u>.
Learn more about market positioning at brainly.com/question/25165063
Answer:
The correct answer is option b.
Explanation:
Market power can be defined as the ability of a firm or a group of firms to increase the price above the competitive level and do not lose all the demand.
The firms in a perfectly competitive market have no market power because there are a number of firms in the market. If a firm increases the price, its demand will fall to zero.
In imperfect competition though, the firms enjoy a certain degree of market power.
Answer:
The loanable funds supply curve (S1) will not shift.
Explanation:
When the interest rates change, it is similar to a change in the price of a good. In this case the good is money and the interest rate is its price. A change in the price of a good will result in a change of the quantity supplied along the supply curve, but it will not shift the entire curve, therefore the curve S1 remains the same.
Answer: 2.4%
Explanation:
Cash dividend = $0.85
Earnings per share = $3.50
Market price per share = $35.50
The dividend yield will be calculated as:
= Cash dividends / Market price per share
= $0.85 / $35.50
= 0.024
= 2.4%
The dividend yield is 2.4%.
Electronic communications tend to be more casual