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I would choose the cost-focus strategy because it depends on what the product is. The sales team should determine where the product would be placed on the cost leadership spectrum as it can help determine the value of what the product is worth. To add-on, cost-focused pricing focuses on building a reputation for the product as a good product for people to buy therefore your company becoming a niche leader in that product industry. In the end though, any product pricing strategy can work but it all depends on the situation and the resources around a business and product. Hope this helps!
Answer: $41000
Explanation:
The amount of cash dividends paid that should be reported in the financing section of the statement of cash flows will be calculated thus:
Beginning dividend = $10000
Add: Dividend declared = $42000
Less: Ending dividend payable = $11000
Cash dividend paid = $41000
Answer: Conflict.
Explanation:
A conflict is a clash of interest between two or more parties on serious matter being deliberated on. Conflicts can be: racial, religious, political, tribal etc. In most cases the solution to a conflict is dialogue.
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Conducting procurement
Conducting procurement is a step in the procurement process that is defined as gathering replies from potential sellers, selecting a seller, and giving the contract to the chosen vendor. It is critical to remember that there are two roles involved in conducting procurement: buyer and seller.Thus, conduct procurement entails planning and directing operations such as bidder conferences, distributing bid packages to potential sellers, evaluating potential sellers, and finally selecting the sellers. This technique has the advantage of aligning stakeholder expectations through existing agreements.
To learn more about Conducting procurement
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