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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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​E-Loan, an online lending​ service, recently offered 48​-month auto loans at 4.5 % compounded monthly to applicants with good c
ser-zykov [4K]

Answer:

Therefore I can borrow $19646.12 from E-Loan.

The interest I will pay for the loan is $1,857.88.

Explanation:

The formula of present value is

PV=PMT(\frac{1-(1+i)^{-n}}{i})

PMT = The monthly payment = $448

i= Rate of interest per period =\frac{4.5}{12}\%=0.00375

n = The number of month = 48 months

Therefore

PV=448(\frac{1-(1+0.00375)^{-48}}{0.00375})

      ≈$19646.12

Therefore I can borrow $19646.12 from E-Loan.

The interest = Paid amount - Loan amount

                    =$[(448×48)-19646.12]

                   =$1,857.88

The interest I will pay for the loan is $1,857.88.

6 0
3 years ago
You're trying to choose between two different investment, both of which have up – front costs of $45,000. investment g returns $
DochEvi [55]
Amount invested in both schemes is $45,000
returns in investment g is 75,000 in 6 years. 
yearly return is:
75000/6=12,500

returns in investment h is 105,000 in 9 years
yearly return is:
105,000/9
=11,666.67

from the above results we can conclude that investment g has the higher returns.
4 0
3 years ago
Hadley Corporation, which has only one product, has provided the following data concerning its most recent month of operations:
Tom [10]

Answer:

$76,260

Explanation:

Calculation to determine the total period cost for the month under variable costing

Using this formula

Total Period cost = Variable selling and administrative cost + Fixed manufacturing overhead + Fixed selling and administrative cost

Let plug in the formula

Total Period cost = ($14 × 1,760) + $18,180 + $33,440

Total Period cost =$24,640+$18,180 + $33,440

Total Period cost =$76,260

Therefore the total period cost for the month under variable costing is $76,260

8 0
2 years ago
Evergreen Air Center is the world's biggest parking lot for unwanted aircraft. Airlines pay a monthly fee from $750 to $5,000 to
anyanavicka [17]

Answer:

a Competency

Explanation:

Competency refer to set of capabilities an enterprise possesses relating to performance of a task in an efficient manner in a given specific situation.

Competencies are the sum total of skills, knowledge and capabilities.  These are developed over time with application of skills and knowledge.

In the given case, Evergreen reaps benefits with respect to parking area for unwanted aircraft owing to space it possesses and the climate of the location which protects the aircraft from dust and rusting.

This represents a case of competency which has built up over time owing to a capability which has emerged out of application of skills, knowledge and environmental advantage.

4 0
3 years ago
Robert wants to hire more employees for his doggie day-care business. Which of
aliina [53]

Answer:make a list of responsibilities and tasks that need to be accomplished in the business

Explanation:

3 0
3 years ago
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