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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:

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Charles wants to start a décor business and takes a loan of $35,000 from the bank to set up the business. Once the business is u
miv72 [106K]

Answer:

Sole Proprietorship

Explanation:

Charles is planning to start a sole proprietorship business. It is the most common form of business ownership.

This is the form of business owned, managed and operated by a single individual. Here, there is no distinction between the business and the owner. The owner of the business will have total control of all the profits incurred in the business and solely be responsible for all losses incurred as well.

5 0
3 years ago
Assuming that Borland retires shares it reacquires, record the appropriate journal entry for each of the following transactions:
KiRa [710]

Answer:

The first transaction is that 10 million shares are being reacquired at 32.50 per share so we need to find out how much cash is spent to buy these shares.

32.5*10 million = $325 million

We will debit treasury stock and credit cash because the company is buying shares from the market and paying cash

The second transaction is reacquiring 10 million shares at 36 per share so we need to find how much cash is spent

10 million *36= $360 million

We will debit treasury stock and credit cash because the company is buying shares from the market and paying cash

In the third transaction 1 million shares are being sold for 42, so need to figure out how much cash the company gets from the transaction

42* 1 million = 42 million

We will debit cash and credit common stock as the company is issuing shares to the market and getting cash for it

In the fourth transaction 1 million shares are being sold for 36, so need to figure out how much cash the company gets from the transaction

36* 1 million = 36 million

We will debit cash and credit common stock as the company is issuing shares to the market and getting cash for it

Journal entries

                                                            Debit                          Credit

Treasury stock                                      325 million

Cash                                                                                        325 million

Treasury stock                                      360 million                  

Cash                                                                                        360 million

Cash                                                        42 million

Common stock                                                                          42 million

Cash                                                        36 million

Common stock                                                                           36 million                

Explanation:        

5 0
3 years ago
Assume that interest rates on 15-year noncallable Treasury and corporate bonds with different ratings are as follows: T-bond = 7
miv72 [106K]

Answer:

Investors are risk averse, which means that they are willing to invest in low risk projects or investments. In order for an investor to invest in a riskier project, he/she will expect to receive higher returns to compensate for the extra risk. US Treasury bonds are probably the safest investments in the world, that is why they yield the lowest interest rate. AAA bonds are less risky than BBB bonds, which in turn are less risky than CCC bonds. That is why AAA bonds yield a lower return than BBB bonds, and BBB bonds yield a lower return than CCC bonds.

7 0
3 years ago
Short-term price reductions that can be used to retaliate against a competitor's actions like introducing a new product are call
vlada-n [284]

Short-term price reductions that can be used to retaliate against a competitor's actions like introducing a new product are called deals.

Instead of considering an asset's long-term fundamentals, short-term trading mostly concentrates on price action. This trading strategy looks for market volatility around significant economic data releases, corporate earnings, and political events in an effort to profit from sudden changes in market prices.

A mutual agreement or communication between two or more parties that intend to conduct business is referred to as a business deal. The transaction is typically carried out between a seller and a buyer to exchange valuable assets including money, products, services, and information.

Learn more about Short-term price here  brainly.com/question/16968866

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4 0
2 years ago
What is a metric when it comes to data analysis? Please provide a definition.
kati45 [8]

Answer:

Metrics are the numbers you track, and analytics implies analyses and decision making. Metrics: What you measure to gauge performance or progress within a company or organization. Your most important metrics are your key performance indicators, or KPIs.

Explanation:

7 0
2 years ago
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