Philip Morris bought Miller brewing and launched low-calorie beer, at a time when consumers had the impression that low-calorie beer does not taste as good as normal beer
What did the company try to build when they conveyed the fact that the beer contained one third less calories and hence it is less filling?
A) points-of-difference
B) points-of-conflict
C) points-of-parity
D) points-of-presence
E) points-of-inflection
A
Business
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For Wickham Co., sales is $2,000,000, fixed expenses are $600,000, and the contribution margin ratio is 36%. What is required sales in dollars to earn a target net income of $400,000?
a. $1,111,111 b. $1,666,666 c. $2,777,778 d. $5,555,556
Business
The price at which an investor can purchase in the bond market is called the _____ price.
A. asked B. coupon C. call D. face E. bid
Business