1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Sever21 [200]
1 year ago
7

Bigtime products, inc. sets high prices for its products, and the company seeks profit margin, not volume. in which strategy is

bigtime products engaged?
Business
1 answer:
Nadya [2.5K]1 year ago
6 0

Bigtime products, inc. sets high prices for its products, and the company seeks profit margin, not volume. in the Market Skimming strategy is bigtime products engaged.

Market skimming is when a manufacturer sets a high introductory price to attract buyers with a strong desire for the product and the resources to buy it, and then gradually lowers the price to attract the next and subsequent layers of the market. pricing approach.

Price skimming helps build a quality image and product perception. Cost Recovery: Helps companies recover development costs quickly. High Profitability: Brings high-profit margins to the company.

Learn more about Market skimming here: brainly.com/question/14228569

#SPJ4

You might be interested in
2 a food pyramid consists of 10 million calories' worth of diatoms. how much of this is passed on to third level consumers, such
irinina [24]
<span>A food pyramid consists of 10 million calories' worth of diatoms. How much of this is passed on to third level consumers, such as large fishes?</span>
7 0
3 years ago
What’s behind gas prices
MArishka [77]

Answer:

taxes

Explanation:

there is federal, state, and government taxes included in your gas price

hope this helps :)

3 0
3 years ago
Read 2 more answers
Brian is a manager at a clothing store. He spends most of his time in the store with his employees, making sure they work their
Sophie [7]

Answer:

First line manager

Explanation:

First line managers are the lowest forms of managers in an organizational structure. They are the managers that deals with employees directly. They operate their departments by assigning work to the employees and monitoring their actions. In this case, the activities of Brian which included making sure they work their scheduled hours, watching them interact with customers and so on indicates that he is a First-Level Manager.

8 0
3 years ago
How does selling shares on the stock exchange benefit companies?
Jlenok [28]

Answer:

C

Explanation:

They sell shares at a price to investors. They then use these funds to help grow their business and in turn pay dividends to shareholders

6 0
3 years ago
Streetlore, a footwear manufacturing company, makes business and casual
bulgar [2K]
It has to be the product chain
4 0
3 years ago
Other questions:
  • Zing Inc. is a large fashion brand that manufactures clothing and shoes. The top managers of Zing have decided to use the profit
    11·1 answer
  • Greg's agrees to buy hal's sports store on condition that he is approved by first state bank for the financing. this approval is
    11·1 answer
  • What are some of the similarities and differences between the CTSOs of HOSA and Educators Rising? Please describe what makes the
    9·1 answer
  • What is a trap instruction? explain its use in operating systems?
    12·1 answer
  • BlackHawk anticipates paying a dividend of $4.25 next year and is expected to grow the dividend at a constant rate of 7% per yea
    8·1 answer
  • A company's sales in Seattle were $410,000 in 2012, while their sales in Portland were $290,000 for the same year. Complete the
    12·1 answer
  • Bill is the owner of a house with two identical apartments. He resides in one apartment and rents the other apartment to a tenan
    7·1 answer
  • Stockholders' equity
    6·1 answer
  • How much does Walmart net
    5·1 answer
  • Explain 3 factors that change supply elasticity.
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!