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2 years ago

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

1 answer:

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.

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Plz, help ASAP!!!!

chubhunter [2.5K]

Answer:

The incorrect statement is letter "D": Saving can only be done in person. Investing can be done both in person and online.

Explanation:

There are several differences between saving and investing. Both of them have the potential to grow capital over a specific period. While saving is beneficial in the short run, investment is in the long run.

Though, saving money implies depositing it in an account to make a profit out of the annual interest rate offered by banks. <em>The money can be deposited in person, through wire transfers or online transfers between accounts</em>. Investing is characterized by risking money through acquiring assets such as stocks, bonds, or mutual funds. That money can be provided by the investor in a meeting with the people in charge of managing the money or through online brokers.

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3 years ago

A company that produces pleasure boats has decided to expand one of its lines. Current facilities are insufficient to handle the

labwork [276]

Answer:

C alternative would yield the lowest total cost for an expected annual volume of 111 boats

Explanation:

The computation of each alternatives are shown below:

A (new location)

Fixed cost $310,000

Variable cost ($400 × 111 boats) $44,400

Transportation cost $5,300

Total cost $359,700

B (subcontract)

Fixed cost $0

Variable cost ($3,200 × 111 boats)$355,200

Transportation cost $32,000

Total cost $387,200

C (expand existing facilities)

Fixed cost $74,000

Variable cost ($1,200 × 111 boats) $133,200

Transportation cost $88,000

Total cost $295,200

Out of these, the alternative C has the lowest total cost

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3 years ago

The following table reports real income per person for several different economies in the years 1960 and 2010. It also gives eac

icang [17]

Answer:

Thailand

Ireland

Explanation:

Thailand has the highest annual growth rate so it is fastest economy to grow in rela income per person form 1960 to 2010 that is 4.91%

Irleand has the highest real income per person in year 2010 that is $41,558

Ireland, Pakistan and Thailand had lower real income per person than Finland in 1960 but only Ireland had higher real income per person than Finland in 2010.

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3 years ago

What should the accumulated depreciation equal at the end of the asset's useful life?

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What should the accumulated depreciation equal at the end of the asset's useful life The Balance In Accumulated Depreciation Will Be The Same Amount Under all the depreciation methods.

The depreciation of an asset up to one point in its life is referred to as accumulated depreciation. Since accumulated depreciation is a counter asset account, its natural equilibrium is a credit that lowers the asset's total value. General accepted accounting principles (GAAP) require that expenses be matched to the same accounting period in which the relevant revenue is generated. This is known as the matching principle. A business will depreciate a portion of a capital asset's value over the course of each year of its useful life. This implies that the expense related to using up an asset that has been capitalised is reported every year the asset is put to use and generates income.

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1 year ago

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3 years ago