The growth in the gaming console market led to the emergence of a gaming consoles segment for products priced under $1,000. Though its current product line-up begin at $3,000, Sentinel Inc., an American gaming equipment manufacturer, responded to this need by launching a product, the Cerebro Console, priced at $920, designed for the price-performance needs of the segment.
Which of the following offensive strategies did Sentinel Inc. use?
a. improve customer retentionb. harvest for cash flowc. divest for cash flowd. improve customer loyaltye. enter new market segments
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “The growth in the gaming console market led to the emergence of a gaming consoles segment for products priced under $1,000. Though its ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
How does a presentation slide show play when set to the Browsed at a Kiosk option? from start to finish when a viewer presses the Play button one slide at a time when a viewer presses the Next button On its own without a user pressing buttons to
Answers (1)
financial accounting standard-setting in the united states A. can be described as a social process which reflects political actions of various interested user groups as well as a product of research and logic. B.
Answers (2)
Empowering employees can lead to so many kinds of performance gains that organizations often use their reward systems to promote empowerment. T/F
Answers (1)
Andrew doesn't want to spend a lot of money on student loans, and does not qualify for grants. What is his best option for affording a Bachelor's Degree? He can enroll in a trade school and transfer his courses later.
Answers (2)
The time value of money suggests that $1 in one year from now is worth less than $1 today. True / False.
Answers (1)
New Questions in Business
Match the business with the appropriate cost system (s) for that business using the number of the cost system where 1 = job order costing, 2 = process costing, and 3 = activity-based costing. a. Ketcher, Tryer, and Friar, attorneys-at-law b.
Answers (1)
Solemon Company has total fixed cost of $15,000, variable cost per unit of $6, and a price of $8. If Solemon wants to earn a targeted profit of $3,600, how many units must be sold?
Answers (1)
Using the following information, what is the amount of net income? Purchases $ 33,189 Selling expenses $ 758 Merchandise inventory, September 1 7,436 Merchandise inventory, September 30 8,978 Administrative expenses 760 Sales 51,684 Rent revenue 832
Answers (1)
You are managing a project and need to cut the cost of the project. You decide to transfer workers to another job to cut the project's costs. Costs associated with transferring the workers are an example of project indirect costs. O True O False
Answers (1)
K Inc. has provided the following data for the month of May: Inventories: Beginning Ending Work in process $ 17,000 $ 12,000 Finished goods $ 46,000 $ 50,000 Additional information: Direct materials $ 57,000 Direct labor cost $ 87,000 Manufacturing
Answers (1)