User Account

All Pages

Gain a larger market share

Assignment Help Business Management
Reference no: EM132129889

Feisla Inc. is a manufacturer of high-end smartphones. It therefore caters only to the upper class and the upper middle class. However, the company soon realizes that it has enormous growth potential among middle-class consumers. To tap this potential market, it releases a new range of smartphones that are less expensive. This move proves to be successful and eventually helps the company gain a larger market share. Which of the following concepts does this scenario illustrate?

Reference no: EM132129889

Questions Cloud

Identify the right market segments : When it comes to marketing research, how can using primary and secondary data help you identify the right market segments, products and services?
What is the classical utilitarian calculation : What are the possible moral implications of any moral theory that argues that the means justify the ends? What is the classical utilitarian calculation?
Calculate the equivalent variation : Consider a consumer whose preferences can be represented by the utility function u(x, y) = x + y. Calculate the equivalent variation.
Describe an environment requiring centralization : Describe an environment requiring centralization? Discuss the importance of companies having an established ethics program in place?
Gain a larger market share : This move proves to be successful and eventually helps the company gain a larger market share. Which of the following concepts does this scenario illustrate?
How dunning justifies the black codes : Consider how Dunning justifies the Black Codes. In your opinion, were the Black Codes a necessary and realistic response to the situation.
Marco consistently accepts credit for success-rejects blame : Marco consistently accepts credit for success and rejects blame for mistakes or failures. This tendency is known as
Pursuit of competitive advantage company : In the pursuit of competitive advantage company employ the various components of the value equation extensively. Discuss and explain this statement.
Selecting a target market for export of goods : Explain the criteria to be assessed when selecting a target market for export of goods.

Reviews

Write a Review

Business Management Questions & Answers

  Elements of the change process visible

Describe the elements of the change process visible in this challenge. What caused problems? What were the solutions?

  Department a private good or a public good

Do you consider your local fire department a private good or a public good? What is the difference between a public good and a private good? What are the principal characteristics of each? Why is there a free rider problem when it comes to public ..

  Understanding of ethics affect the strategy process

Can someone help me understand how does an understanding of ethics affect the strategy process as it pertains to an organization

  How does microsoft envision the future for windows 10

How does Microsoft envision the future for windows 10? Do you support this vision? why or why not?

  Major differences between retailing and wholesaling

What are the major differences between retailing and wholesaling?

  Determining the zero-day attacks

Attacks that exploit previously unknown vulnerabilities are considered some of the most dangerous attacks. Use the Internet to research these attacks.

  Improving health care in rural america

Rural health networks are often incomplete, with shortages of various services and unique challenges due to geography. Over the past 20 years there have been several initiatives aimed at improving health care in rural America. What are these initi..

  Knowledge management based organization

The assignment required you to prepare a report by using power point slide (12-15 slides) on a selected organization and report the current state.

  Dimensions of leadership1 synthesize the importance of

dimensions of leadership1. synthesize the importance of psychological dimensions of leadership such as emotional

  How companies create value for their customers

Please read the article Value Disciplines that explains how companies create value for their customers. After reading the article, identify a company that is focused on either.

  Price of two-bedroom condominiums

When the price of two-bedroom condominiums was $200,000 there were 10,000 units sold. Several years later when the price was $325,000

  Sustenance of the business

Highlight the basic prerequisites of the business processes that are envisaged in the sustenance of the business.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd