1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
anzhelika [568]
1 year ago
14

Most new carmex products are priced between $0. 99 and $2. 99, well within reach of the price-sensitive mass consumer market. Ca

rmex is utilizing a ________ strategy with its lip balm products.
Business
1 answer:
Roman55 [17]1 year ago
4 0

Carmex is utilizing a penetration pricing  strategy with its lip balm products.

The correct option is B

<h3>What is penetration pricing ?</h3>

A pricing approach known as penetration pricing involves initially setting a product's price low in order to quickly reach a large portion of the market and spur word-of-mouth marketing. The marketing plan is that because of the cheaper price, consumers will migrate to the new brand.

<h3>What is penetration pricing give an example?</h3>

One month of free internet service has been offered by a brand-new telecommunications provider to users. Since the telecommunications business offered its internet services for free for the first month in order to enter the market, this is an example of penetration pricing.

To know more about penetration pricing visit:

brainly.com/question/6685964

#SPJ4

I understand that the question you are looking for is:

Most new Carmex products are priced between $0.99 and $2.99, well within reach of the price sensitive mass consumer market. Carmex is utilizing a _________ strategy with its lip balm products.

A) skimming pricing

B) penetration pricing

C) prestige pricing

D) price lining

You might be interested in
Question 2b<br> Short answer please its only for 2 marks
Ronch [10]

Answer:

a retailer, a marketing agency

Explanation:

Since this business is operating both B2B (business to business) and B2C (business to consumer), it would be wise to transfer the B2C operating to a retailer. It is often hard for manufacturing businesses such as SEP to handle this two-way communication and it is often advised to reach the end users via retailers.

When it comes to marketing agencies, it is a common practice to leave the promotion part of the marketing mix to these external groups. Outsourcing advertising and promotion activities to marketing agencies is very cost-effective, as agencies tend to have more a creative basis.

4 0
2 years ago
Negative items on a credit report that are not correct:
Sav [38]
Answer:
C

Explanation:

Something with a mistake is never best ignored it’s best if they change it and get it corrected.
5 0
3 years ago
GoodTimes, Inc. has asset turnover of 0.5 times, a net profit margin of 10% and average total assets of $100, what is its net in
adelina 88 [10]

Answer:

$5

Explanation:

Given that,

Asset turnover ratio = 0.5 times

Net profit margin = 10 percent

Average total assets = $100

Asset turnover ratio = sales ÷ Total asset

0.5 = sales ÷ $100

sales = $50

Profit margin = Net income ÷ sales

0.10 = Net income ÷ $50

Net income = $5

Therefore, the net income of GoodTimes, Inc. is $5.

6 0
3 years ago
Paden Company purchased merchandise from Emmett Company with freight terms of F.O.B. destination. The freight costs will be paid
Art [367]

Paden Company purchased merchandise from Emmett Company with freight terms of F.O.B. destination. The freight costs will be paid by the the buyer.

<h3>What is freight?</h3>

The physical process of transporting commodities and merchandise goods and cargo is known as freight transport. The term shipping originally referred to sea transport, but in American English, it has been expanded to include land and air transport as well.

Standard shipping time in the United States ranges from 2 to 5 business days, depending on where you're sending from and to. It may take a little longer for a package to arrive in a remote location, but in the United States, almost all states can be reached within 5 business days.

To know more about freight follow the link:

brainly.com/question/24920251

#SPJ4

6 0
1 year ago
Handerson Corporation makes a product with the following standard costs: Standard Quantity or Hours Standard Price or Rate Direc
natali 33 [55]

Answer:

Direct material quantity variance= $10,980 unfavorable

Explanation:

Giving the following information:

Standard Price or Rate Direct materials 8.5 kilos $ 6.00 per kilo

The company reported the following results concerning this product in August. Actual output 3,200 units Raw materials used in production 29,030 kilos Purchases of raw materials 31,600 kilos. Actual cost of raw materials purchases $ 195,920

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Standard quantity= 8.5*3,200= 27,200 kg

Actual quantity= 29,030kg

Standard price= $6

Direct material quantity variance= (27,200 - 29,030)*6= $10,980 unfavorable

5 0
3 years ago
Other questions:
  • During the current month, a company that uses job order costing incurred a monthly factory payroll of $180,000. Of this amount,
    15·2 answers
  • Lots of writers have written good stuff other than books, like stuff for movies. which is the best way to revise the sentence to
    8·1 answer
  • The employees of eco engineering inc. share company-related resources among multiple computers without requiring a central netwo
    12·1 answer
  • Question on job application ( I believe that rules often limits my productivity? True or not true?)
    15·2 answers
  • Shanna, a calendar year and cash basis taxpayer, rents property from Janice. As part of the rental agreement, Shanna pays $24,20
    10·1 answer
  • A manager must decide how many machines of a certain type to purchase. Each machine can process 100 customers per day. One machi
    11·1 answer
  • Flare, an electronics company, created a low-cost, handheld washer that could run on solar-powered battery. The product was also
    11·1 answer
  • ABC Company incurs a cost of 50 cents to produce a dozen eggs, while XYZ Company incurs a cost of 70 cents to produce a dozen eg
    9·1 answer
  • Informal groups: Group of answer choices exist primarily for the benefit of their members. perform routine organizational goals.
    11·1 answer
  • Suppose a chair manufacturer is producing in the short run (with its existing plant and equipment). The manufacturer has observe
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!