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Cerrena [4.2K]
2 years ago
11

What type of pricing objective would an organization use if it were in a favorable position and desired nothing more

Business
1 answer:
sineoko [7]2 years ago
5 0

status quo pricing is a type of pricing objective would an organization use if it were in a favorable position and desired nothing more.

<h3><u>What is status quo?</u></h3>
  • A status quo pricing approach entails gradually bringing our product's price up to some standard.
  • In other words, it's possible that we'll match the price of our rivals.
  • Price matching is what we do. Another approach we could take is what's known as a price guarantee.
  • In other words, a status quo pricing approach is one in which we maintain our price over time and promise that it won't change.

You might do it, for example, if you want to compete on criteria other than price. So, for instance, you might choose a status quo pricing strategy if you believe you can turn a profit by selling your product for the same price as your rivals.

Know more about status quo with the help of the given link:

brainly.com/question/15064402

#SPJ4

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In the sentence They discussed four important issues at the meeting, the word at is a(n) ____.
slava [35]

From the sentence, it can be deduced that "at" is used a preposition.

<h3>What is a preposition?</h3>

It should be noted that a preposition simply means a word that is used before a noun or pronoun to show direction, place, time, etc.

In the sentence "They discussed four important issues at the meeting", the word at is a preposition. It is used to show where the issue took place.

Learn more about preposition on:

brainly.com/question/17476214

8 0
2 years ago
Which of the following refers to the​ principal-agent problem in the market for health​ care?
larisa86 [58]

Answer:

a. Doctors pursuing their own interests rather than the interests of their patients

Explanation:

A principal is an individual or a group that entrusts a certain responsibilities to someone else (known as the agent) in an entity . The agent therefore has superior information than the principal and therefore the former makes decisions on behalf of the latter. A conflict of interest can occur when the agent pursues his own interests for personal gains and ignores the responsibility he was hired to do hence creating Principal-Agent problem. Among these choices, doctors pursuing their own interests rather than the interests of their patients will lead to principal agent problem.

7 0
3 years ago
Benefit payments made on a ____________ basis are not scheduled, but are based on the average fee charged by all doctors in a gi
Ugo [173]

Answer:

Benefit payments made on a usual, customary and reasonable (UCR) basis are not scheduled, but are based on the average fee charged by all doctors in a given geographical area.

Explanation:

Benefit payments can be described as a government payment to specific people in the society who are disadvantaged in one way or the other. Benefit payments can be made to the; unemployed, people with children, the aged, people who are ill and even the poor. Benefit payments is a practice that is anchored in law that aims at protecting the economically vulnerable in the society. There are different types of benefit payments that exist. In this particular question, we will consider UCR payments.

The UCR payments falls under the health and welfare plans, and can be defined as benefit payments that are not scheduled  but are based on the average fee charged by all doctors in a given geographical area. A benefit payment that is not scheduled means that it doesn't have a specific amount attached to it, but depends on the location. This is because health services charges vary from one geographical position to the next. One can be offered different medical charges in different locations due to a distinction in geographical area. The same geographical areas however, have an average amount of fee that is specific to that area. In benefit payments, this average amount is what is often payed to the beneficiary.

3 0
4 years ago
A property is sold for $350,000. The buyer has paid $12,000 as earnest money and is obtaining a 70% loan. Based on the informati
Zolol [24]

Answer:

$93,000

Explanation:

Data provided in the question:

selling cost of the property = $350,000

Earnest money paid = $12,000

Percentage of loan obtained = 70%

Now,

The amount of loan obtained = 70% of $350,000

= $245,000

Therefore,

Amount to be paid by self

= selling cost of the property - amount of loan obtained

= $350,000 - $245,000

= $105,000

Thus,

Additional cash the buyer will have to bring to the closing day

= Amount to be paid by self - Earnest money paid

= $105,000 - $12,000

= $93,000

7 0
3 years ago
A company mn this sampling method, we have a listing of our entire population of interest. So we create a rule for selecting peo
Zolol [24]

Answer: 1. Systematic Sampling

2. b. keeping promises

Explanation:

1. Systematic Sampling is a method of sampling that works by creating a sample from a population by using a set interval to pick. For example, every 15th person is picked. This number 15 is usually arrived at by dividing the population by the sample size needed for the research. For example if 5 people are needed from 75, you divide 75/5 to get 15. Every 15th person is then picked. This is not unlike the scenario described in the question.

2. Keeping promises

When a company markets to their employees first, they try to sell it to them on its benefits and advantages and how it generally works. The effect of this is that the employees go out to try to sell a product that they believe works. This is important because Employees are the ones that customers expect to keep the promise and will come back to it things don't work out.

7 0
3 years ago
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