According to the five forces model, High levels of competition for customers translate to low levels of profit in the industry.
This is because when there is intense competition, customers have more options to choose from, giving them greater bargaining power. As a result, companies may need to lower their prices or offer additional incentives to attract and retain customers.
This can lead to reduced profit margins for businesses as they strive to remain competitive. Additionally, increased competition often leads to market saturation, making it challenging for companies to differentiate themselves and maintain a sustainable competitive advantage, further impacting profitability in the industry.
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definition of the term small business
Answer:
make me brainalist and keep smiling dudeExplanation:
Small business is defined as a privately owned corporation, partnership, or sole proprietorship that has fewer employees and less annual revenue than a corporation or regular-sized business.time is limeted
Which of the following steps should you take after attending a college fair?
A. Take a break from dealing with colleges for two weeks.
B. Call every college that was represented at the college fair.
C. Make a decision about which college to attend that night.
D. Continue to research colleges on your own.
Answer:
D
Explanation:
The steps that can be taken after the college fair is to continue researching colleges on your own. Therefore, Option D is correct.
What is research?Research can be defined as "creative and methodical activity done to improve the body of knowledge."
It entails gathering, organizing, and analyzing data in order to improve understanding of a subject or problem.
Therefore, The steps that can be taken after the college fair is to continue researching colleges on your own. Option D is correct.
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In business terms, what does I.T. stand for?
A. Insurance Trading
B. Independent Theory
C. Item Trading
D. Information Technology
How cost-benefit analysis helps government?
Cost-benefit analysis is similar to what market forces do for government ventures, this makes an effort to review and analyze the discounted streams of future benefits and costs associated with a proposed project in terms of money.
What is the cost-benefit analysis?Cost-benefit analysis can be used to assess the costs and benefits of interventions when both are expressed in monetary terms.
Concept symbol Cost-benefit analyses (CBA) and CEA consider health outcomes.
The net present value (NPV), economic rate of return (ERR), and benefit-cost ratio are three suggestive criteria that can be used in a cost-benefit analysis to determine the economic sustainability of a safer school IPF before the project is implemented.
Cost-benefit analysis has been employed as one technique.
This makes an attempt to evaluate and analyze the discounted streams of future benefits and future costs connected with a proposed project in terms of money, much like the forces of the market do for business initiatives.
Therefore, cost-benefit analysis is similar to what market forces do for government ventures, this makes an effort to review and analyze the discounted streams of future benefits and costs associated with a proposed project in terms of money.
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what is motivation in business
Answer:
La motivación emprendedora es un factor importante para contribuir con el desarrollo de una sociedad. También es importante el proveer instrumentos para canalizar las acciones de los emprendedores/as potenciales para obtener el exito.
[ Entrepreneurial motivation is an important factor in contributing to the development of a society. It is also important to provide instruments to channel the actions of potential entrepreneurs to achieve success..]
Explanation:
Sorry my English is not very good but I hope you understand and help you with something.
Ahmed has saved some money from his salary and purchased a small flat few years back. He is planning to sell his property. It will bring a lot of profit for Ahmed, because economy is facing:
O a. None of the option O b. Low market activity O c. high deflation O d. high inflation Ahmed has started a new job with basic package of salary
It is stated that selling the property will bring a lot of profit for Ahmed. This suggests that the value of the property has increased since he purchased it.
Typically, when the economy is facing high inflation, the prices of goods and assets tend to rise, including the value of real estate properties. Therefore, the correct option would be:
d. high inflation
In Ahmed's case, if he purchased a small flat a few years ago and is now planning to sell it for a significant profit, it suggests that the value of the property has increased over time. This aligns with the scenario of a high-inflation economy.
It's worth noting that other factors such as location, demand-supply dynamics, and market conditions can also influence property prices. However, in the given scenario, the fact that Ahmed stands to make a substantial profit from selling his property indicates that high inflation is likely a contributing factor.
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the ratio of perceived benefits to price is a product's
The ratio of perceived benefits to price is a crucial factor in evaluating a product. It measures the value consumers perceive from a product relative to its price.
This ratio influences purchase decisions and can vary based on individual preferences, market competition, and product differentiation. The ratio of perceived benefits to price reflects the perceived value proposition of a product. Consumers weigh the benefits they anticipate receiving from a product against its price to determine its overall value. This ratio plays a significant role in consumer decision-making, as it directly influences the willingness to pay for a product. If the perceived benefits outweigh the price, consumers are more likely to view the product as valuable and make a purchase. However, if the price outweighs the perceived benefits, consumers may deem the product as overpriced and seek alternatives.
Several factors can impact the ratio of perceived benefits to price. Individual preferences and needs vary among consumers, leading to different evaluations of the benefits and price of a product. Additionally, market competition can influence this ratio. When multiple products offer similar benefits, consumers may compare their prices and choose the one that provides the most value. Product differentiation also plays a role. Unique features or superior quality can increase the perceived benefits and justify a higher price, thereby affecting the perceived value-to-price ratio.
Companies must carefully consider the perceived benefits and price of their products to optimize this ratio. They can enhance perceived benefits through product improvements, marketing strategies, or highlighting unique selling points. At the same time, they need to assess the price point to ensure it aligns with the perceived value and competitive landscape.
By finding the right balance between perceived benefits and price, companies can create products that resonate with consumers and drive purchase decisions.
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Which of the following is not something you should be thinking when considering changes in your auto insurance policy?.
A contract between you and the insurance company to safeguard you against financial loss in the event of an accident or theft is known as auto insurance. The insurance company agrees to cover your losses in accordance with your policy in exchange for your premium payment.
What are the four primary kinds of insurance and coverage?
Life, health, auto, and long-term disability insurance are the four types of insurance that the majority of financial experts recommend.
Should you pay your auto insurance monthly or every six months?
"Covering your vehicle insurance installment at regular intervals will set aside you cash. This could significantly lower your monthly premium, depending on the insurance provider.
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Which of the following scenarios describes an error in netiquette? (5 points)
Ahmed keeps his email and text exchanges with his coworkers professional, even though he likes to use off color humor at times with friends.
Jamie writes an email to his colleagues and before sending takes an extra fifteen minutes to carefully proof spelling and grammar.
Marina allows herself to be more honest and straightforward in her written correspondence than she would in her face-to-face interactions.
Shonda receives an email from a colleague complaining about one of their coworkers and deletes it promptly without sharing it with others.
The scenarios that describes an error in netiquette is option D. Shonda receives an e.mail from a colleague complaining about one of their co- workers and deletes it promptly without sharing it with others. Netiquette is a set of informal rules for good behavior and politeness followed by users of online such as the Internet, email.
Netiquette is gotten from the word "etiquette," which means the general rules or conventions of correct and polite behaviour in social settings and situations. It is therefore the act of exercising polite and considerate behaviour in online contexts, such as Internet discussion boards and personal email.
What is politeness?Politeness is the practical application of good manners or etiquette so as not to offend others. Politeness is a culturally defined phenomenon, and therefore what is considered polite in one culture can sometimes be quite rude or simply eccentric in another cultural context.
Therefore, the correct answer is as given above
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any paid form of nonpersonal communication about an organization, a product, a service, or an idea by an identified sponsor is called ____. (enter one word in the blank.)
Any paid form of nonpersonal communication about an organization, a product, a service, or an idea by an identified sponsor is call advertising.
Advertising refers to any paid form of nonpersonal communication that promotes an organization, product, service, or idea. It involves the use of various media channels to deliver messages to a target audience.
Advertising is typically carried out by an identified sponsor, such as a company or brand, and aims to influence consumer behavior, build brand awareness, and generate sales or support for a particular offering.
The purpose of advertising is to create a persuasive and impactful message that captures the attention of the target audience. It employs techniques such as creative visuals, compelling copywriting, strategic placement, and targeted messaging to effectively convey the desired message to consumers.
Advertising can take various forms, including television commercials, print advertisements, online banner ads, social media promotions, outdoor billboards, radio spots, and more. It plays a significant role in marketing and communication strategies.
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Sheffield Company uses a periodic inventory system. Details for the inventory account for the month of January, 2020 are as follows: Per Units Unit Price 190 $6,00 Total Balance, 1/1/20 $1140 100 5. 20
The total balance of Sheffield Company's inventory account on January 1, 2020, was $1,140. During the month of January, they purchased 190 units at a unit price of $6.00 and an additional 100 units at a unit price of $5.20.
To calculate the total cost of the inventory, we multiply the number of units purchased by their respective unit prices.
For the first purchase of 190 units at $6.00 each, the cost is 190 * $6.00 = $1,140.
For the second purchase of 100 units at $5.20 each, the cost is 100 * $5.20 = $520.
To determine the total balance, we add the cost of the purchases to the initial balance:
$1,140 (initial balance) + $1,140 (first purchase) + $520 (second purchase) = $2,800.
Therefore, the total balance of Sheffield Company's inventory account for the month of January 2020 is $2,800.
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The majority of B2B buying situations can be described as which three of the following?
a. B2C buys
b. Modified rebuys
c. Straight rebuys
d. Organizational buy
e. New buys
The majority of B2B (business-to-business) buying situations can be described as three of the following: straight rebuys, modified rebuys, and new buys.
1. Straight rebuys: In a straight rebuy situation, a company makes a routine purchase of a product or service that they have bought before. There is no need for additional information or evaluation, as the company is already familiar with the supplier and the product. This type of purchase usually involves a simple, automated process.
2. Modified rebuys: In a modified rebuy situation, a company has bought a product or service before but is looking to make some changes. This may include modifying the specifications, seeking new suppliers, or adjusting the contract terms. The company will need to gather additional information and evaluate new options to make a decision.
3. New buys: In a new buy situation, a company is purchasing a product or service for the first time. This requires extensive research and evaluation, as the company needs to identify potential suppliers, assess their offerings, and negotiate contracts. New buys involve a higher level of risk and uncertainty compared to straight or modified rebuys.
In summary, B2B buying situations can be classified into straight rebuys, modified rebuys, and new buys, depending on the company's familiarity with the product, the level of risk involved, and the amount of research and evaluation required for the purchase.
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Read the article How Target Figured Out. Q1. What issues may arise when marketers try to harness customér data using sophisticated data analytics systems as Target did in the article? Q2. Then, how s
Q1. Issues that may arise when marketers try to harness customer data using sophisticated data analytics systems Data breaches: Sophisticated data analytics systems collect and store vast amounts of customer data.
This presents an opportunity for cyber attackers who can breach the system, steal customer data, and use it for malicious purposes. The information they steal may include sensitive customer data such as names, addresses, email addresses, and credit card details. Poor implementation: Implementing a sophisticated data analytics system can be challenging. Poor implementation can result in the system providing inaccurate data, making decisions that are detrimental to the business, and wasting resources.
Misuse of data: A data analytics system can provide insights that businesses can use to improve customer experience and profitability. However, if the insights are not used ethically, customers' privacy can be violated, leading to mistrust and damage to the brand image.
Q2. How Target Used Data Analytics Target used data analytics to analyze customer purchase patterns, identify customer segments, and predict customer behavior.
They used data from various sources such as purchase history, social media data, and website interactions to build detailed customer profiles. The data helped Target to tailor their marketing strategies, personalize their communication with customers, and increase sales.
They also used the data to predict customer behavior such as when a customer was pregnant. Target would then send them targeted ads based on their purchase patterns. This helped them to reach customers at a time when they were likely to make a purchase, leading to increased revenue.
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Suppose Rydell Engineering has enough capital to fund the project, and the project is not competing for funding with other projects. Should Rydell Engineering accept or reject this project
If Rydell Engineering has enough capital to fund the project, and the project is not competing for funding with other projects, then it should accept the project.What is Rydell Engineering.Rydell Engineering is a fictional company
This means that the project can proceed without being impacted by other projects that are competing for the same resources, and that it can be executed without running into funding difficulties. If the project has a sound business case, and the necessary technical and managerial capabilities are in place, then there are no reasons why the project should not be executed.
Continuous improvement enables the project to deliver better value to the stakeholders, to reduce costs, to increase quality, to improve safety, and to reduce environmental impacts. Continuous improvement is a key principle of project management, and is essential for the success of the project.
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Which of the following is LEAST likely to be considered in establishing the value of a property by the sales comparison approach
The item that is LEAST likely to be considered in establishing the value of a property by the sales comparison approach is capitalization rate.
What is capitalization rate?This is usually associated with real estate, which is the returns on investment or properties hence helps in evaluating a real estate investment. it is the percentage rate of return that a property will produce on the owner's investment.
In other words, capitalized interest refers to interest that is added to some kind of debt and that is included in current balance accounts, as opposed to waiting to figure in the cost of interest.
The capitalization rate are measures, used to estimate and compare the rates of return on multiple commercial real estates, which is calculated as the ratio between the annual rental income produced by a real estate asset to its current market value.
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Shaw Company engages Maya Company to produce a large machine, install the machine, and train their employees on the machine. The machine, installation, and training are distinct, and Maya determines that the contract includes three separate performance obligations. The machine, installation, and training typically cost $800,000, $100,000, and $100,000 respectively when each is provided in a separate contract. Shaw and Maya agree to a total contract price of $920,000. How much of the contract price should Maya allocate to the machine, installation, and training, respectively?
Answer:
Explanation:
Cost
Machine - 800,000
Installation - 100,000
Training - 100,000
Total cost - 1,000,000
Contract price - 920,000
Using ratio to allocate the prices , we have
a)Machine price = cost of machine / total cost * total contract price
800,000/1,000,000*920,000 = 736,000
b) Installation price =cost of installation / total cost * total contract price
100,000/1,000,000*920,000 = 92,000
c) Training price = cost of training / total cost * total contra t price
100/1,000,000 * 920,000 = 92,000
736,000+92,000+92,000= =920,000
You have a $5000 loan for 5 years. Your annual percentage rate(APR) is 12.5%. What is your monthly payment
$112, Will be the monthly payment.
What is APR?
The annual interest produced by a sum that is paid to investors or charged to borrowers is referred to as the annual percentage rate (APR). APR is a percentage that expresses the actual annual cost of borrowing money throughout the course of a loan or the revenue from an investment. This does not account for compounding and includes any fees or additional expenditures related to the transaction. Consumers can evaluate lenders, credit cards, or investment goods using the APR as a benchmark figure.
If you took out a $5,000 personal loan for five years at a rate of 12.5% interest, your monthly payment would be $112. Over the course of this loan, your total interest payment would be $1,749.
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Your parents are giving you $200 a month for 4 years while you are in college. At an interest rate of .47 percent per month, what are these payments worth to you when you first start college?
Answer:
50k for mee i am rich you gareb
Why does a price floor lead to surpluses? Why does a price ceiling lead to shortages?
Answer:
Shortage: there is more demand than there is at the equilibrium price. There is also less supply than there is at the equilibrium price, thus there is more quantity demanded than quantity supplied.
Your pretty much short in supply and cant fulfill the demand
While surplus
When a price floor is set above the equilibrium price, quantity supplied will exceed quantity demanded, and excess supply or surpluses will result.
Theirs a a large amount of supply due to the pricing most likely beign high
Explanation:
When the stock market as a whole is rising in value then it is referred to as a bear market. True or false?
Answer: False
Explanation: A bear market is when a market experiences prolonged price declines. It typically describes a condition in which securities prices fall 20% or more from recent highs amid widespread pessimism and negative investor sentiment.
Insurance companies negotiate discounts with hospitals under a(n)
Insurance companies negotiate discounts with hospitals under a(n): Preferred provider organization (PPO).
What is insurance company?Insurance company is an a company that help to provide coverage for their policy holder in case of unforeseen or unexpected circumstance such as:
TheftAccident etcPreferred provider organization is a medical health plan that enter into a contract agreement with health care service providers so as to provide health care to people under the plan.
Therefore Insurance companies negotiate discounts with hospitals under a(n): Preferred provider organization.
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outline 2 advantages to H&H of using secondary market research
Aj’s candles has a monthly fix costs of 5,500 and average variable costs of 2.50. Demand for its specialist or candles averages 5,000 units per month. The average unit price is $5. The firm has capacity to produce and sell 7,000 candles per month calculate the average costs for AJs candles per month
The current level of demand is 2,500 candles per month, with fixed expenses of $4,000 and variable costs of $3 per candle. $6 is the average price per candle.
What does "average variable cost" mean?In economics, the average variable cost is the term used to describe the variable cost per unit. One can determine the average variable cost by dividing the total variable cost by the output.The average variable cost is used by the businesses to determine whether to stop short-term manufacturing.The combination of variable costs and total output produced is known as the average variable cost (AVC). Average total cost is calculated by dividing the entire cost by the total amount of things produced (ATC).The additional cost incurred when producing one additional unit of output is known as the marginal cost (MC).A. Rent, machine are used as fixed cost of production.
B. Current level of demand / (Fixed costs + Variable costs) equals the current average cost.
Average cost at this time = [$4,000 + (2,500 x $3)] / 2,500
Cost per unit at this time = [$4,000 + $7,500] / 2,500
Average price today is $4.6.
C. Fixed costs plus variable costs equal the total cost of production.
Production costs as a whole equal [$4,000 + (2,500 x $3)]
$11,500 is the total cost of production.
D. Profit = (3,000 x $6) - [$4,000 + (3,000 x $3)]
Profit = $18,000 - [$4,000 + $9,000]
Profit = $5,000
The complete question is:
Johnson's Candles has fixed costs of $4000 each month. Its average variable costs
are $3 per candle. The firm's current level of demand is 2500 candles per month.
The average price of its candles is $6.
a) Using an example, explain what is meant by a fixed cost of production.
b) Calculate the firm's current average costs.
c) Calculate the firm's current total costs of production each month.
d) Calculate the profit if demand increases to 3000 candles per month.
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prepare the journal entry to record zende company’s issuance of 78,000 shares of $7 par value common stock assuming the shares sell for:$7 cash per share.$8 cash per share.
Assuming Zende Company issues 78,000 shares of $7 par value common stock, the journal entries to record the issuance would be as follows:
If the shares sell for $7 cash per share:
Common Stock (78,000 x $7) $546,000
Cash $546,000
Explanation: The Common Stock account is credited for the total par value of the shares issued, which is calculated by multiplying the par value ($7) by the number of shares (78,000). The Cash account is debited for the total cash received from the issuance of the shares, which is also $546,000.
If the shares sell for $8 cash per share:
Common Stock (78,000 x $7) $546,000
Additional Paid-in Capital $78,000
Cash $624,000
Explanation: The Common Stock account is credited for the total par value of the shares issued, which is $546,000. The Additional Paid-in Capital account is credited for the difference between the cash received per share ($8) and the par value per share ($7), multiplied by the number of shares (78,000), which is $78,000. The Cash account is debited for the total cash received from the issuance of the shares, which is $624,000.
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What are the factors of production in economics?
These are the factors of production in economics:
LandLaborCapitalEntrepreneurshipThe factor of production is resources that are what people or companies use to produce goods and services.
The factor of production in economics:
Land: natural resources used to produce services and goods including everything that comes from the land. Examples: water, oil, natural gas, forest, etc. Labor: efforts that people do to produce services and goods. Capital: tools, buildings, money, and machinery that are used to produce goods and services.Entrepreneurship: a person who can combine and use 3 other factors of production to produce goods and services.Learn more about factors of production at: https://brainly.com/question/20738491
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According to the unit, what percentage of shoppers used a coupon in 2012?
A. 78%
B. 85%
C. 93%
D. 100%
today's world, 96% of consumers have used a coupon in the past 90 days. JC Penney tried to break consumers of the coupon habit in 2012 and quickly saw a 23% drop in sales for the first three quarters of 2012. If JC Penney couldn't change people's shopping behavior, you probably can't either.n: so i guess its c
Answer:
78%
Explanation:
I take nutrition and wellness, and this was the correct answer for me. Just took the test as well :P
Summarize what is a stock?
quizlet crow spent $20,000 servicing the 2-year assurance warranties that accompany the rollomatic. all applicable transactions are on a cash basis.
The amount spent by Quizlet Crow on servicing the 2-year assurance warranties for the Rollomatic is $20,000.
In this scenario, Quizlet Crow has spent $20,000 on servicing the warranties for the Rollomatic. The fact that the transactions are on a cash basis indicates that Quizlet Crow paid $20,000 in cash for the warranty services. Cash basis accounting records transactions when cash is received or paid, regardless of when the actual service or product is provided. Therefore, the $20,000 represents the total amount Quizlet Crow spent on servicing the warranties for the Rollomatic, reflecting the cash outflow related to the warranty service.
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Providing Feedback This morning, one of you team members gave a presentation to the business unit about the new system. The material was well organized; he spoke clearly and handled questions with confidence. However, the presentation took nearly twice as long as it was scheduled for, and you noticed some of the audience glancing at the clock. You are planning to give feedback to the team member. WHAT Feedback would you give (HW: 4loops):
A.OBSERVATION: Betto, I noticed…
B.IMPACT: Betto, that will result in…
C.REQUEST: Betto, I’d like to ask that you…
D.AGREEMENT: Betto, do you agree that if you did x/y/z…
A. OBSERVATION: Betto, I noticed that the presentation took nearly twice as long as scheduled, and some audience members were glancing at the clock.
B. IMPACT: Betto, this will result in audience disengagement and potential loss of interest in the topic.
C. REQUEST: Betto, I'd like to ask that you work on improving the time management aspect of your presentations to ensure they fit within the allocated timeframe.D. AGREEMENT: Betto, do you agree that if you can streamline your presentation and adhere to the scheduled time, it will help maintain audience attention and make your delivery more effective?
When providing feedback to Betto, it's important to structure it in a constructive and collaborative manner. The feedback should address the observation, explain the impact, suggest improvements, and seek agreement on the suggested actions.
A. OBSERVATION: Start by stating the observation, acknowledging the positive aspects of the presentation, and then highlighting the specific issue noticed, which is the duration exceeding the allotted time.
B. IMPACT: Explain the impact of the observed issue. In this case, emphasize that a longer presentation can lead to audience disengagement and loss of interest. This helps Betto understand the importance of addressing the concern.
C. REQUEST: Clearly state the requested improvement. In this case, it is to work on time management during presentations and ensure they fit within the allocated timeframe. By making this request, you are providing a specific area for Betto to focus on and improve.
D. AGREEMENT: Seek agreement from Betto on the suggested actions. By asking if Betto agrees that streamlining the presentation and adhering to the scheduled time will be beneficial, you are encouraging open communication and collaborative problem-solving.
Overall, this feedback approach acknowledges the positive aspects of the presentation, addresses the specific issue observed, explains the impact, suggests improvements, and seeks agreement on the proposed actions. This helps foster a constructive feedback conversation and encourages Betto to make the necessary improvements for future presentations.
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When McDonald's offers healthy menu items in hopes of avoiding competition with Wendy's and Burger King, it uses ________ positioning.
McDonald's offering a healthy menu to avoid competition is referred to as differentiation positioning.
What is Differentiation positioning?This is strategy adopted by companies in making their products and services very unique and beneficial to the populace.
This being done ensures that they avoid competition and increase sales and profit to ensure continuous running of the business. McDonald offering healthy menu items depicts this type of positioning.
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