The newest version of a product like Crutchfield headphones is likely to use price skimming, while the new version of Monster Energy is likely to use penetration pricing
<h3>What is
price skimming?</h3>
Price skimming is a pricing strategy that a company can use when launching a new product or service.
Electronic products, such as the Apple iPhone, frequently use a price-cutting strategy during the initial launch period. Then, after competitors launch competing products, such as the Samsung Galaxy, the price of the product drops to maintain the product's competitive advantage.
The pricing strategy will be influenced by the stage of the product's life cycle. The process of charging a relatively high price for a product is referred to as price skimming. Skimming is commonly used when a product is new to the market (in its introduction or growth phase) and has few competitors.
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Answer:
Complementary
Explanation:
The complementary resource is a term that describes a type of resources contributed by each partner to a business or investment. In other words, it is the resources each partner brings to the partnership that, when merged together, provide for new resources or capabilities that neither firm could readily create alone.
Hence, the right answer is COMPLEMENTARY RESOURCES
Answer:
Be tailored to the specific needs of an individual decision maker.
Explanation:
A managerial account report is more likely to be tailored to the specific needs of an individual decision maker. This is usually In comparison with a financial statement prepared in conformity with generally accepted accounting principles,
The managerial account lays its focus on specific needs which the decision maker needs.
It doesn't do any of theses;
Focus upon the operating results of the most recently completed accounting period neither does it View the entire organization as the reporting entity.
You should prioritize your first customer since they are entitled with your full attention being the one who availed your service first. You can ask the second customer if she can wait. But if the second customer would be so persistent, you can ask permission from the first customer if she is not in a hurry and that you would entertain the second customer first.
Hey there!
The correct answer to your question is option A.
During an interview, you should tell stories of how worked with others to complete a project or solve problems.
This is because during an interview, you want whoever is interviewing you, to be comfortable with you and accept you! The other options won't make anyone want to accept you.
Hope this helps you.
Have a great day!
