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please answer all.... parts of the question within 30 minutes. make sure the explanation and reasons are explained in very detailed manner , Attempt the
please answer all.... parts of the question within 30 minutes. make sure the explanation and reasons are explained in very detailed manner , Attempt the answer only if your are 100% sure that its correct. else leave it for other tutor otherwise i will give negative ratings and will also report your answer for unprofessionalism. Make sure the answer is 100% correct and is not copied from anywhere. ATTEMPT THE QUESTION ONLY IF YOU ARE 100% CORRECT AND SURE. ELSE LEAVE IT FOR ANOTHER TUTOR. BUT PLEASE DONT PUT WRONG ANSWER ELSE I WILL REPORT.
Bottled water is a hot industry with sales of 310.5105 billion in the United States. Big players in this industry include Nestle, PepsiCo, and Coca-Cola. Nestle is the market leader with four brands among the top 10 leading brands. Nestle's Pure Life brand was the top- selling brand with sales of Sl.311.3lbillion, but the company's other brands make up an additional $1.313 billion. Nestle saw an opportunity in this market and launched a new brand called Resource, targeted to affluent women. Resource is fortified with electrolytes and is promoted as "more than hydration, it's total electrolytenment." Nestle is attempting to take market share away from Glaceau's Vitaminwater and Smartwater. If Resource attains just 55 percent market share, it will be among the top 10 selling brands. How much revenue does one market share point represent in this industry? Assuming total market sales remain the same, what sales must Resource attain to be among the top 10 selling brandsStep by Step Solution
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