When museums charge a lower admission fee to students and senior citizens, this form of pricing is known as <u>third degree price discrimination</u>.
<h3>What is a
third degree price discrimination?</h3>
This refers to the price discrimination that occurs when a company charges a different price to different consumer groups.
Hence, this is observed when the museums charge a lower admission fee to students and senior citizens but a normal charge is given for other set of people.
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Answer:
A) Deciding where to locate a new manufacturing plant
Explanation:
Strategic planning is the process in which the company sets its goals for the future, and makes plans to achieve those goals.
Strategic planning is therefore, a process focused on the future, not on daily activities, and is usually the main job of the CEO.
Deciding where to locate a new manufacturing plant is an example of strategic planning because expanding manufacturing capacity is a form of planning growth for the future of the firm.
Answer:
D. organizational citizenship behavior.
Explanation:
In this scenario exemplified in the question, it can be said that Davy has all work behaviors except the behavior of organizational citizenship.
This behavior can be described as one that is not mandatory as part of the functional requirements of a job position, but an employee who presents organizational citizenship helps the company to promote a culture favorable to the maintenance of ethics and the development and performance of the organization as one all.
Any informal action by the worker that benefits the organization is part of the behavior of organizational citizenship. Some of these dimensions of behavior are altruism, loyalty, conscience, self-development, obedience, etc.
These behaviors are capable of promoting the well-being of the employee and the entire organization.
Answer:
B. False
Explanation:
Beginning balance
-Period of policy= expired 2 months
-Period of unexpired insurance = 1 month (Out of 3 month, Insurance premium for period "Jan 1 to Feb 28" is expired)
Amount in prepaid insurance insurance= $1800 * 1/3 = $600
Current balance
Period = "0" since period of coverage will start from 1 march
Period of unexpired insurance = 12
Amount in prepaid insurance = 4,100
Thus, Total amount in prepaid insurance for the beginning and Current period= $600 + $4,100 = $4,700
The amount in prepaid insurance is $4700, hence the balance as stipulated as Prepaid Insurance = $ 1,200 is false
Answer:
Alpha shares currently exhibit a cost of 6.50%
Explanation:
According to the following formula, consider the calculation:
Cost of preferred stock = Annual dividend / (Price - flotation cost)
PS Alpha =6.5/100
6.50%
Alpha shares currently exhibit a cost of 6.50%