The pricing strategy that calls for a new product being priced high to make optimum profit while there is little competition is called as Skimming price strategy
Skimming Pricing, also known as price skimming, is a pricing strategy that sets the price of new products higher and lowers them when competitors enter the market. Skimming prices are the opposite of penetration prices, which set lower prices for newly launched products in order to build a large customer base from the beginning.
Skimming pricing strategy refers to setting relatively high initial prices for new products or services for early adopters who are not price sensitive when there is a strong relationship between price and perceived quality. .. Prices can go down over time.
An example of a skimming strategy can be found primarily when major technology companies such as Apple, Samsung, and Sony are developing new technologies that are known to be in high demand.
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Answer:
The expected return on this stock is 7.3%
Explanation:
Using the expectations model, we can calculate the expected return on the stock based on the return on stock in different scenarios/states and the probability of those states.
The expected return on the stock is,
Expected r = rA * pA + rB * pB + rC * pC
Where,
- r represents the returns in each state
- p represents the probability of each state
Expected r = 0.12 * 0.15 + 0.08 * 0.75 + (-0.05 * 0.1)
Expected r = 0.073 or 7.3%
It is known as the <span>Budgetary Slack
</span><span>Budgetary Slack is created by managers in order to create a perception that they're performing outstandingly.
By intentionally understate the expected the revenue, it will look like that they're exceeding expectation when the revenue finally came.</span>
<u>Calculation of amount of the adjusting entry for office supplies on March 31:</u>
It is given that office supplies account balance on March 1 was $1,400, the company purchased $675 of supplies during the month, and a physical count of supplies on hand at the end of March indicate $1,250 unused. It means the Supplies used was (1400+675-1250) = $825
Hence, the amount of the adjusting entry for office supplies on March 31 shall be <u>$825.</u>
Answer:
She should have come earlier so that she could prepare for her presentation, and if she knew she needed specific equipment then she should have asked someone if the room had it.
Explanation:
So basically just not coming early and prepared.
