Question: Please explain why there are so many segments in the watch industry What about the underlying industry economics allows for many segments? What about the

Please explain why there are so many segments in the watch industry

  • What about the underlying industry economics allows for many segments?
  • What about the nature of customer demand allows for many segments?
  • How can some companies charge US$250,000 for a watch that is less accurate than a US$50 watch? What are they selling?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

I need this done using your own work. I need to see how you got the answers and try to show work s we look back on 2014, we are pleased with our accomplishments. We continued to focus for many...

Q:

Read article and apply Porters five-factor model to one of the following markets, and answer the following questions: snack food market consumer banking market golf equipment market laptop market hot...

Q:

Overview Nineteen67apparel is an apparel e-commerce company in London Ontario. This town is heavily populated with university students and young professionals, the total population of university...

Q:

Strategic Management Frank Rothaermel,6eRelease: 6th Edition Please include a word count of your post (excluding citations and references), no matter whether it is an initial post or a reply, at the...

Q:

MKT500 Week 7 Discussion Board I have attached the question, lecture notes, and an example of a student's response to the questions. Running head: KEYSAN NATURALS COMPANY: AIDA PRINCIPLE Keysan...

Q:

Strategic Plan Introduction The strategic plan is established by analyzing alternative solutions through tools and matrices designed to develop a strategic direction. The stacked EFE/IFE matrix is...

Q:

Strategic Plan Introduction The strategic plan is established by analyzing alternative solutions through tools and matrices designed to develop a strategic direction. The stacked EFE/IFE matrix is...

Q:

Management 4390 Exercise: Applying the Content of Chapter 3 to your Company 1. Which of the five competitive forces is creating the strongest competitive pressures for your digital camera company? 2....

Q:

ANNUAL REPORT 2019 MOSCOW COPENHAGEN MANCHESTER MINSK DUBLIN AMSTERDAM LONDON BRUSSELS DSS ELDOR F FRANKFURT PARIS ASTANA MUNICH ZURICH GENEVA MILAN TURIN GENOA VENICE MADRID BARCELONA BELGRADE...

Q:

MGMT4308 DR. HUANG Knowledge Base for General Environmental Analysis1 The general environment is composed of factors that can have dramatic effects on firm strategy. We divide the general environment...

Q:

A 12 percent coupon bond has 20 years to maturity. It is currently selling for 20 percent less than face value. Determine its yield to maturity.

Q:

The balances below have been extracted from the accounting records of Ferguson Ltd at 31 December 2019: Given the following information: i. Ferguson prices its furniture using a normal 30% mark-up...

Q:

Nacho Libre SA . has 3 , 0 0 0 , 0 0 0 common shares outstanding that trade for $ 2 0 . 0 0 per share. The company has also issued one bond with a par value of $ 8 0 , 0 0 0 , 0 0 0 that currently...

Q:

Compare and contrast leaders and managers, provide examples.