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
The extent to which the dominant values in a society emphasize aggressiveness and the acquisition of money and other possessions as opposed to concern for people, relationships among people, and overall quality of life
Answers (1)
a. MF Corp. has an ROE of 16% and a plowback ratio of 50%. If the coming year's earnings are expected to be $2 per share, at what price will the stock sell? The market capitalization rate is 12%. (Do not round intermediate calculations.) b.
Answers (1)
Which statement shows that money is a "store of value?" I exchanged my dollar for ten dimes. You can only use currency at that store. I just used the ten dollars given to me last year. I carried the money to the store.
Answers (2)
An organization in which the management builds a commitment to learning, works to generate ideas with impact, and works to generalize ideas with impact is creating a (n) question 9 options: focused organization. learning organization.
Answers (1)
Fabio Corporation is considering eliminating a department that has a contribution margin of $39,000 and $78,000 in fixed costs. Of the fixed costs, $19,500 cannot be avoided.
Answers (1)
New Questions in Business
Benitez co. had sales of $800,000 in 2016. the company expects to incur warranty expenses amounting to 3% of sales. there were $13,000 of warranty obligations paid in cash during 2016. based on this information:
Answers (1)
Which luxury brand shares its name with the french explorer who is credited with naming canada?
Answers (1)
MekTech is a U. S.-based electronics company. It is planning to introduce a new home theatre system in a foreign country.
Answers (2)
Assume that the government increases the unit excise tax on gasoline suppliers and also that people commute longer distances to work as more houses are built in city suburbs.
Answers (2)
Old Economy Traders opened an account to short-sell 1,000 shares of Internet Dreams at $105 per share. The initial margin requirement was 50%. (The margin account pays no interest.
Answers (1)