It is most accurate to say that successful niche marketing relies on a firm's Greater knowledge of customers need and its special reputation.
<h3>What is a marketing niche?</h3>
A niche has to do with the particular brand or the particular trade that a person that is focused on buying and selling does.
This is to say that the person that is focused here would be successful if they know what their customers demand from them and the ways that they can carry out their activities for a greater reputation. The niche has the brand of the business.
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According to <em>Robin Leidner</em>, fast-food restaurants rationalize the process of providing food to customers by developing standardized scripts for employees to use when dealing with customers.
There are many advantages associated with the fact that fast-food chains develop standardized scripts for customer service, as this way, they ensure compliance and quality of processes.
Standardization in fast-food restaurants therefore ensures faster service, mechanization of processes and higher quality in food production, since production and service standards must be followed in any unit of a fast-food chain.
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Answer:
a. Project Low because its expected rate of return is higher than its WACC
Explanation:
Weighted Average Cost of Capital WACC determines firms cost of capital. It includes all sources of finance which are included in firm capital structure. The expected rate of return is the rate at which a project is able to generate return or benefits. For any project to be beneficial, its expected return should be higher than its WACC. We will select project Low because its expected rate of return is higher than its WACC.
Answer:
Absorb water means to suck up or drink in.
Answer:
The correct answer is letter "A": functional representative.
Explanation:
Market Research is the process a company uses to assess the viability of a new product or service. It reveals the details of a company's target market and what consumers think about a product before it is widely released. <em>Researchers are the key functional characters in this process</em> because thanks to them the information needed to know consumers' preferences and behaviors is unveiled by them.