1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
elena55 [62]
2 years ago
15

Describe a pricing decision your company has made. was it optimal? if not, why not? how would you adjust price? compute the prof

it consequences of the change
Business
1 answer:
tatyana61 [14]2 years ago
8 0

General Motors company  have embraced many of the competitive price decisions. For instance , a simple pricing strategy.

Simple pricing strategy approach involves setting  of prices which  depends upon what your rival companies are offering as well as maintaining the quality of the products and services  offered by you.

In this case, you should increase the number of sales by initiating different types of discounts.

This price decision taken by simple pricing strategy is optimal since it has maximized the profits on all products and services offered by General Motors Company.

Price adjustments could be made by understanding our customer needs and the quality of the product or services the customers want. The profit consequences in terms of price adjustment are relatively high since we are able to exceed the production than the demand.

To know more about simple pricing strategy here:

brainly.com/question/17230940

#SPJ4

You might be interested in
The consumer price index for Planet Econ consists of only two items: books andhamburgers. In 2010, the base year, the typical co
Stels [109]

Answer:

The consumer price index for 2015 on Planet Econ is 1.25

Explanation:

The formula for computing the consumer price index is given below:

= (Total cost in the current year) ÷ (total cost in the base year)

where,

Total cost in the current year equals to

= (Base year book quantity × current year book price) + (base year hamburgers quantity × current year hamburgers price)

= 10 books × $30 + 25 hamburgers × $3

= $300 + $75

= $375

we use the base year quantity for computing the total cost for the current year.

And, the Total cost in the base year equals to

= (Base year book quantity × base year book price) + (base year hamburgers quantity × base year hamburgers price)

= 10 books × $25 + 25 hamburgers × $2

= $250 + $50

= $300

Now put these values to the above formula

So, the answer would be

= $375 ÷ $300

= 1.25

Hence, The consumer price index for 2015 on Planet Econ is 1.25

4 0
3 years ago
In a proposal, where should you introduce the problem, need, or opportunity you'll address?
natita [175]

In the opening as the introduction is the place where introduce the problem, need, or opportunity that will address by the person, in a proposal.

<h3>What does it mean to write a proposal?</h3>

A proposal is a document that, technically speaking, tries to persuade the reader to adopt a plan or project that is being provided. For their operations to be successful and to land new contracts, the majority of firms rely on persuasive proposal writing.

A person can observe that a proposal frequently contains the following: a brief explanation of the problem, the suggested solution, the costs involved, and the benefits.

Thus, In the opening as the introduction is the place.

For more details about write a proposal, click here:

brainly.com/question/1341280

#SPJ4

5 0
2 years ago
How does a local water budget differ from the water budget of the whole earth?
Brrunno [24]
The way that a local water budget differs from the water budget of the whole Earth is that t<span>he local water budget is not balanced and the whole Earth is balanced.
Some societies in their local communities have more water than others, meaning that at the local level, these budgets are not equal, because some budgets are higher than the other ones. However, if you take a look at the budget for the whole planet, you will see that it is pretty balanced.
</span>
6 0
3 years ago
Using the following information, what is the amount of net income? Purchases $ 33,114 Selling expenses $ 677 Merchandise invento
NeX [460]

The net income is $32,961

<u>Explanation</u>:

To calculate the net income, we will classify the transaction into income and expenses, and compute the difference between their totals;

Income;

Merchandise inventory Sept. 1     =  $  7,740

Merchandise inventory Sept. 30  = $ 11,372

                                         Sales     =  $ 50,575

                                        Total      =  $ 69,687

Expenses;

Purchases                             = $ 33,114

Selling expenses                  = $     677

Administrative expense       = $     665

Rent Revenue                       = $    1,118

Interest expense                  = $     1,152

Total                                      = $  36,726

Net income = Total income - Total expenses

                    = 69,687 - 36,716

                    = $ 32,961

     

4 0
3 years ago
The U.S. Supreme Court has been deciding some cases involving Intellectual property rights (patents, trademarks, or copyrights),
Oxana [17]

Answer:

Explanation:

The article is "Copyright infringement and the Intellectual Property Complaints on Amazon. It was published on December, 12th 2018.

There has been an increase in the number of complaints about intellectual property violations and the copyright infringement at Amazon Inc. In order to counterfeit each other, sellers copy the features of each other’s products, thereby violating the intellectual property rights. Sellers have been filing complaints against one other at the company.

Amazon has also been trying hard to stop increasing cases of such liability litigations. Amazon has been removing any listing that has probability of copyright infringement. Sellers are also encouraged to take preventive actions when listing their products on the platform.

The adverse effects of copyright infringement on the overall society include:

• Copyright infringement can lower the quality of consumer goods. There will be lesser quality goods rather there'll be more of goods in terms of quantity.

• The overall economy will get impacted as there will be more legal cases. Legal penalties in society will also increase due to Sellers taking each others to court.

6 0
3 years ago
Other questions:
  • Lonnie plans to speak to a group of real-estate developers to advocate a new zoning ordinance that would reduce the number of bu
    10·1 answer
  • The importance of management is based upon what
    7·1 answer
  • HELP!!!
    12·1 answer
  • To distinguish those combinations of goods and services that are affordable from those that are​ not, households need informatio
    12·2 answers
  • Normally, a person with a high level of education makes more money than a person without an education.
    5·1 answer
  • Outline why you have selected your chosen three university courses, and explain how this relates to your previous academic or pr
    14·1 answer
  • Which document gives Congress the power to lay and collect taxes?
    9·1 answer
  • What are the purposes of money?
    6·1 answer
  • What is the meaning of building economics
    12·2 answers
  • ______________is the exercise of individual judgement, instead of formal rules, in making decisions.
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!