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RUDIKE [14]
9 months ago
11

when a new product is not being sold at the rate originally forecasted, the retailer may reduce the price in order to reduce the

inventory of the product. this reduction is known as a
Business
1 answer:
DiKsa [7]9 months ago
7 0

When a new product is not being sold at the rate originally forecasted, the retailer may reduce the price in order to reduce the inventory of the product. this reduction is known as a Markdown.

<h3>What does pricing markdown mean?</h3>

A markdown lowers the price of a product to reflect the actual amount customers are ready to pay; as a result, it devalues the item. The price of a product may need to be reduced more until it sells at a profitable rate if sales don't pick up after the initial markdown.

<h3>How do markdown and markup differ from one another?</h3>

A price can be changed by markup and discount (or cost of an item). Increasing an item's cost price before selling it is referred to as a markup. Reducing an item's selling price is referred to as a markdown (this is often called a discount in retail shops)

To know more about markdown visit:

brainly.com/question/28017140

#SPJ4

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Use the drop-down menus to analyze the writing prompt. Format: Examine a Centers for Disease Control advertising campaign that p
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There are different ways to promote vaccination. The Centers for Disease Control advertising are known to organize different campaign that helps to promotes the influenza (flu) vaccination.

It is often done through the use of promotional posters/flyers with the aim to advertise the various locations in the community that helps or offer seasonal flu vaccinations.

They also display posters that talks about flu vaccination in schools, break rooms, cafeterias, high-traffic areas, etc. There is the use of articles in that are published on newsletters, internet, emails, etc.

<h3>Why spread awareness on vaccination?</h3>

The organization are known to use celebrities or employers to be vaccine ambassadors thereby promoting vaccines within and outside organization. The use of all these media above has influenced the rate at which people get vaccinated. The use of posters and other public figures to encourage vaccination has help reduce the spread of disease among the people.

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5 0
1 year ago
Read 2 more answers
Pure monopoly refers to Multiple Choice any market in which the demand curve for the firm is downsloping. a standardized product
skelet666 [1.2K]

Answer:

a single firm producing a product for which there are no close substitutes.

Explanation:

A pure monopoly is a single supplier having a market or industry i.e. defined. The firm should be considered as an industry also in this there is no competitor or any subsitution existed. It can be arise at the time when the market share of the one firm is more than 90%

So as per the given situation, the above represent the answer

5 0
2 years ago
Deadweight loss is A. the reduction in consumer expenditure resulting from market failure. B. the reduction in economic surplus
never [62]

Answer:

The answer is: B) The reduction in economic surplus resulting from a market not being in competitive equilibrium.

Explanation:

Deadweight loss is an economic cost to society as a whole when market inefficiencies occur preventing it from reaching its equilibrium point. Market inefficiencies are caused by incorrect allocation of resources.

For example if a price ceiling is established, suppliers will tend to lower the quantity supplied while the quantity demanded either increases or stays the same. That economic deficiency resulting from an unsatisfied demand is what we call deadweight loss.

Other causes for deadweight loss are price floors (reduction of the quantity demanded) and taxation (shifts on the demand or supply curves).

5 0
3 years ago
Human resources planning relevant to organizational productivity ​
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Answer:

Human resources planning is relevant to organizational productivity because it allows a company to maintain and better target the right talent for longevity. It also enables managers to better train and develop the skills needed in the workforce.

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Human Resource planning is the foundation of a company's workforce talent. Employees are what make or break a company.

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2 years ago
What is the difference between a demand curve and a demand schedule?
svetlana [45]

Answer:

Demand schedule:

The Demand schedule refers to the tabular representation of the quantity demanded at the various price levels. By observing the demand schedule, we can conclude that as the price of the good increases then as a result the quantity demanded for that good falls. It represents various combination of price and quantity demanded.

Demand curve:

A demand curve refers to the graphical representation of the demand schedule which shows the relationship between the price of the commodity and the quantity demanded for that commodity. It is downward sloping curve which shows that there is an inverse relationship between the price of a good and the quantity demanded.

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