All categories

7 months ago

Free or minimal cost items offered by companies in order to entice customers to buy their product are called?

Business

1 answer:

erma4kov [3.2K]7 months ago

6 0

Answer:

Price packs

Explanation:

a type of sales promotion where customers are given a discount off the product's regular price; the discount is typically marked, or "flagged," prominently on the label or package; also known as a "cents-off" deal.
Price packs are sales promotions that provide consumers with a reduced price that is marked directly on the package by the manufacturer.
Here two or more products are given together at the price of one or at discounted rates.

To learn more about it, refer

to brainly.com/question/25689052

#SPJ4

You might be interested in

Alternative or non-traditional assessments are become more popular among teachers. One type of alternative assessment is called

Alexxx [7]

Answer:

Alternative or non-traditional assessments are becoming increasingly popular with teachers. An alternate evaluation type is called _Task

Explanation:

3 0

1 year ago

" The high cost of implementing changes to infrastructure always raises questions about priorities. Should investments in infras

Murljashka [212]

Answer:

We have important invents that are important to make infrastructure investment based on impact and probability.

Explanation:

WHICH EVENTS ARE IMPORTANT TO MAKE INFRASTRUCTURE INVESTMENTS BASED ON IMPACT AND PROBABILITY?

The low probability and high impact events are very rare and it is is very difficult to ascertain the probability of its occurrence as either there is lack of historical data or it is very minimal.

But the consequences of such events can be very largely damaging even on one single instance of occurrence. For example, a collision between two trains due to human error in signalling can have disastrous repercussions and lead to loss of precious human life and property. One such instance is capable of incurring a huge damage on infrastructure which might prove very difficult to recover from.

So even though we do not know if this low probability and high impact event will occur, we have to take precautionary measures by developing infrastructure to make it capable of avoiding such human failures by mitigating the risk by the use of advance technology.

On the other hand, the low impact high probability events can also not be ignored as a number of of low impact and minor risks may aggregate together to form a significant risk.

For example the lack of regular cleaning and maintenance at the train stations main lead to damage of hard structural infrastructure like steel and alloys over a period of time. And if such infrastructure fails to serve the expected lifetime due to damages caused by lack of maintenance, the train company will probably go bankrupt with the burden of replacing large infrastructure.

Even something as trivial as lack of air conditioning may lead to big challenges as the overall aggregated impact of overheating might cause significant damage to machinery and structures.

Therefore, we need to have a very balanced approach while addressing both categories of events : the low impact high probability events and the high impact low probability events.

While addressing the high impact low probability events should be done at the earliest, a proper plan should be devised to address the high probability low impact events based on a schedule such that their aggregate impact does not become significant

4 0

2 years ago

Eric receives a portion of his income from his holdings of interest-bearing U.S. government bonds. The bonds offer a real intere

MArishka [77]

Solution :

Given :

The bonds offer a $\text{real interest rate}$ of 4.5% per year

Tax rate = 10% = 0.10

Inflation rate = 2

$\text{Nominal interest rate}$ = $\text{real interest rate}$ + $\text{inflation rate}$

$\text{Nominal interest rate}$ = 2 + 4.5

= 6.5

$\text{After tax nominal rate}$ = $\text{Nominal interest rate}$ $\times (1-\text{tax rate})$

$\text{After tax nominal interest rate}$ = $6.5 \times (1-0.10)$

$=6.5 \times 0.90$

= 5.85

After tax real interest rate = $\text{after tax nominal rate}$ - $\text{inflation rate}$

= 5.85 - 2.0

= 3.85

$\text{Inflation rate}$ = 7.0

$\text{Real interest rate = 4.5}$

$\text{Nominal interest rate}$ = $\text{real interest rate}$ + $\text{inflation rate}$

= 7 + 4.5

= 11.5

$\text{After tax nominal interest rate}$ = $\text{Nominal interest rate}$ $\times (1-\text{tax rate })$

$=11.5 \times (1 - 0.10)$

$=11.5 \times 0.90$

= 10.35

$\text{After tax nominal interest rate}$ = 11.5 x (1 - 0.10)

= 11.5 x 0.90

= 10.35

$\text{After tax nominal interest rate}$ = $\text{after tax nominal rate}$ - $\text{inflation rate}$

= 10.35 - 7.0

= 3.35

Putting all the value in table :

$\text{Inflation rate}$ Real interest Nominal interest After tax nominal After tax

rate rate interest rate interest rate

2.0 4.5 6.5 5.85 3.85

7.0 4.5 11.5 10.35 3.35

Comparing with the $\text{higher inflation rate}$ , a $\text{lower inflation rate}$ will increase the after after tax real interest rate when the government taxes nominal interest income. This tends to encourage saving, thereby increase the quantity of investment in the economy and the increase the economy's long-run growth rate.

7 0

2 years ago

Which of the following journal entries is recorded correctly and in the basic format? a. Salaries and Wages Expense 550, Cash 1,

Yuki888 [10]

Answer:

d. Salaries and Wages Expense 550, Advertising Expense 950, Cash 1,500

Explanation:

Whenever a new entry is posted firstly the accounts which are debited are entered.

Secondly the accounts which are credited are posted.

And, the total of debit and total of credit shall always be same, so that the entry is recorded properly.

As an expense, it reduces income and is always debited.

And as for settling the expenses cash is paid, cash being an asset when reduced will be credited.

Total expenses debited = Salaries and Wages + Advertising Expense = 550 + 950 = 1,500

Therefore, as against it cash paid = $1,500 shall be credited.

Cash = $1,500

Thus, correct option is d.

5 0

2 years ago

The newest version of a product like Crutchfield headphones is likely to use _____, while the new version of Monster Energy is l

PolarNik [594]

The newest version of a product like Crutchfield headphones is likely to use price skimming, while the new version of Monster Energy is likely to use penetration pricing

<h3>What is price skimming?</h3>

Price skimming is a pricing strategy that a company can use when launching a new product or service.

Electronic products, such as the Apple iPhone, frequently use a price-cutting strategy during the initial launch period. Then, after competitors launch competing products, such as the Samsung Galaxy, the price of the product drops to maintain the product's competitive advantage.

The pricing strategy will be influenced by the stage of the product's life cycle. The process of charging a relatively high price for a product is referred to as price skimming. Skimming is commonly used when a product is new to the market (in its introduction or growth phase) and has few competitors.

To know more about price skimming follow the link:

brainly.com/question/15371394

#SPJ4

3 0

8 months ago