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VMariaS [17]
1 year ago
7

The fundmanetal philopshy behind _____ is to reduce investment in promotion and transfer part of the savings to lower price

Business
1 answer:
egoroff_w [7]1 year ago
8 0

The fundamental philosophy behind Everyday Low Pricing exists to decrease investment in promotion and transfer part of the savings to lower price.

<h3>What is Everyday Low Pricing?</h3>

Everyday Low Price (EDLP) is a pricing technique employed by merchants that guarantees customers the lowest prices in-store without the need to apply a coupon, wait for a sales event, or take any other steps to obtain an acceptable price on the goods they purchase. There are numerous companies that use an everyday low pricing strategy, including Wal-Mart, Amazon, Procter & Gamble, Winn-Dixie, and Trade Joe's. A survey indicates that 26% of American retailers use EDLP and 74% use high-low promotions.

You can reduce demand swings, prevent sales promotions, and improve your demand forecasting processes by using an everyday low pricing strategy. You can lower the price of your products using a cheap pricing plan to draw in more customers and boost sales.

Hence, The fundamental philosophy behind Everyday Low Pricing exists to decrease investment in promotion and transfer part of the savings to lower price.

To learn more about Everyday Low Pricing refer to:

brainly.com/question/13055094

#SPJ4

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Other things equal, an increase in productivity will Multiple Choice reduce aggregate supply and increase real output. reduce bo
leva [86]

Answer:

increase both aggregate supply and real output.

Explanation:

A rise in productivity makes it possible for each and every firm to rise the greater amount of output. due to this  aggregate supply will rise which will lead to increase in the real output.

Also the rise in productivity increase the aggregate supply and the AS curve would be shifted to right that rise the real output but reduce the level of the price in the new equilibrium output level

Therefore the above represent the answer  

6 0
3 years ago
why would materials such as iron ore, steel, lumber, and coal be transported via ships from the united states to japan,rather th
BARSIC [14]
Idk so you need to ask somebody else because I’m really dumb and I don’t have the answer for u
7 0
3 years ago
_____ is the act of negotiating with employers regarding employment issues by employees who are members of a union.
jek_recluse [69]

Answer:

Collective bargaining

Explanation:

Collective bargaining is the process in which working people, through their unions, negotiate contracts with their employers to determine their terms of employment, including pay, benefits, hours, leave, job health and safety policies, ways to balance work and family, and more.

3 0
2 years ago
After reaching the break-even point, a company's net operating income will increase by the?
ArbitrLikvidat [17]

The answer is Contribution Margin.

What is  break-even point?

A transaction or investment's breakeven point (break-even price) is established by comparing the market price of an asset to its initial cost; the breakeven point is reached when the two prices are equal. In business accounting, the breakeven point is calculated by dividing the entire fixed costs of production by the revenue per unit less the variable costs per unit. Those expenses that don't fluctuate regardless of how many units are sold are referred to in this context as fixed costs. The production level at which all sales for a product net the same amount of money as all expenses is known as the breakeven point.

To know more about  break-even point visit:

brainly.com/question/12181423

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7 0
1 year ago
Did I graph number 1 correct and is the number 2 answer yes?
coldgirl [10]
Yes you did it all correct
7 0
3 years ago
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