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Gnoma [55]
1 year ago
5

Marketers who start with the price demanded by consumers and then create offerings to meet the price are utilizing which pricing

strategy?
Business
1 answer:
kondor19780726 [428]1 year ago
6 0

Marketers who start with the price demanded by consumers and then create offerings to meet the price are utilizing demand backward pricing.

       A demand-oriented pricing strategy called demand-backward pricing bases a product's price on what customers are willing to pay. However, it's imperative that there be no loss in this situation. Instead, the goal is to determine a pricing point that satisfies both the demands of the consumer and the business.

  In this, manufacturers have the choice, in the event that sales are weak, to purposefully degrade product quality in order to achieve the desired price. Demand-backward pricing is particularly helpful for businesses who are entering new markets and want to build a consumer base right away without having to cut their rates afterwards.

To learn more about consumer click here:

brainly.com/question/27773546

#SPJ4

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Engineer Brown has been engaged in providing consulting engineering services for a number of years as a sole proprietor. Because
frez [133]

Answer:

Engineer Brown has been engaged in providing consulting engineering services for a number of years as a sole proprietor. Because his practice was growing, he recently hired another engineer and decided to commence offering professional services under the name of Brown and Associates. In order to comply with the rules he must

Notify the Board office of the name change

Explanation:

Since it is the same company but just with change of name changes, notification to the company he render services for is only needed to avoid confusion about the authenticity of the company

7 0
4 years ago
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Which part of real GDP fluctuates most over the course of the business cycle?
ozzi

Answer:

c. investment expenditures

Explanation:

The reason for this is that during business cycles investors gain trust in the economy during a boom and invest a lot and during a recession they lose trust in the economy and decrease their investment by a lot, where as a lot of consumption like food, medicine, petrol etc remains mostly unaffected by changes in business cycle. Also government spending does not fluctuate a lot during the course of a business cycle because government spending is either long term like development projects.

6 0
4 years ago
plaintiff was injured when the vehicle which he was operating was rear-ended by an 18-wheeler operated by driver and owned by ow
Anton [14]
  • A declinatory exception of unsuitable venue must be filed by the defendants.
  • The exception needs to be brought up before or in the answer, before or concurrently with any pleading that requests relief other than ministerial ones, like the appointment or removal of counsel of record or an extension of time to plead, and in any case, before the confirmation of a default judgment.
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<h3>What is mean by plaintiff ?</h3>

A plaintiff is the person or entity who files a lawsuit with the court. The plaintiff is looking for a legal remedy by doing this. If the search is successful, the judge will rule in the plaintiff's favor and issue the necessary orders.

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7 0
2 years ago
earned net sales revenue of $62,000,000 in 2016. Cost of goods sold was $41,540,000​, and net income reached $9,000,000​, the​ c
Gekata [30.6K]

Answer:

33%

Explanation:

The gross profit percentage is also known as the gross margin which is the ratio of the gross profit to sales. it shows the amount of gross profit earned per $1 of revenue made.

The gross profit is the difference between the sales and the cost of goods sold.

Gross profit for 2016

= $62,000,000 - $41,540,000

= $20,460,000

Gross profit percentage

= $20,460,000 /$62,000,000

= 0.33

= 33%

3 0
3 years ago
Complete the missing word in the sentence below to progress!
iren2701 [21]

for a business to be viable,it must make a good or proper sales

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