Hot Topic, a chain that sells rock-band-inspired clothes for teens, recently launched Torrid to give plus-size teens the same fashion options. Identify the three parts of the value delivery process and their function for Hot Topic
What will be an ideal response?
The first phase, choosing the value, represents the "homework" marketing must do before any product exists. The second phase, providing the value, is where product features, prices, and distribution are selected. The third phase, communicating the value, utilizes the sales force, sales promotion, advertising, and other communication tools to announce and promote the product.
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Some mutual companies have gone through a conversion process and have become stock insurance companies. All of the following are advantages of the stock form of organization relative to the mutual form of organization EXCEPT:
(a) the ability to offer stock options may make it easier to attract and retain key personnel (b) it's easier to raise capital as a stock organization (c) stock insurance companies are exempt from state premium taxes and federal income taxes (d) stock insurers have greater flexibility to expand by acquiring other companies
In the investigation and hearing process which of the following would Best describe the sequence of events?
A. Investigation-Hearing-Complaint-Final Decision. B. Complaint-Investigation-Hearing-Final Decision. C. Hearing-Final Decision-Proposed Decision-Complaint. D. Complaint-Investigation-Findings of Fact- Hearing.