Why might a company benefit from creating unique messaging for each of its target markets?

What will be an ideal response?


Characteristics differ from target market to target market, so a company can create stronger customer relationships by creating separate messaging that is specific to the needs, wants, and values of each of its target markets.

Business

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On December 31, 2021, Andy Inc. has a debit balance of $1,500 for the Allowance for Uncollectible Accounts before any year-end adjustment. Andy Inc. also has the following information for its accounts receivable and the estimated percentages of bad debts for different past-due amounts:Age Group(days past due) AccountsReceivable Estimated Percent Uncollectible 0-30 $50,000  5% 31-60 $20,000  10% 61-90 $10,000  20% What is the amount of bad debt expense to be reported on Andy Inc.'s financial statements for 2021 using the aging method?

A. $1,500. B. $6,500. C. $8,000. D. $5,000.

Business

Medi-Insurance Company faxes ads to Nancy and other individual consumers without the recipients' permission. This is subject to

a. a cease-and-desist order by the Federal Trade Commission. b. no sanctions. c. possible fines by the Federal Communications Commission. d. rescission on the order of the Federal Reserve Board.

Business

KPI analysis is the leading methodology for understanding the most important information needed by a firm's executives

Indicate whether the statement is true or false

Business

An insurance company has a standard coinsurance clause of 90%. Compute the amount of insurance coverage the owner of a building valued at $1,060,00 . must carry in order to avoid being the bearer of part of the insurance

Business