Answer:
<em>The answer is product, sales, similar products.</em>
Explanation:
Hope This Helps.
Airlines that offer lower fares on seats shortly before a flight's departure date to fill empty seats are utilizing dynamic strategy which is a form of dynamic pricing. Real-time pricing, often known as dynamic pricing, is a highly adaptable method of determining a product's or service's price.
Dynamic pricing aims to enable businesses who offer products or services online to quickly modify prices in response to consumer demand. A pricing approach called "dynamic pricing" substitutes variable prices for fixed ones.
The fundamental tenet of the dynamic pricing model is to provide the same product to various customer segments at various costs. According to the number of individuals interested in particular products, dynamic pricing is a means to reflect changes and boost revenue .
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Management moving production or other parts of the company's value chain to countries where wages are lower is an example of cost drivers.
<h3>What are cost drivers in business?</h3>
The cost drivers can be defined to be the direct cause of the expenses that may occur in a business. These are the activities that may cause a cost to happen in the business. For instance this could be the amount of water that is used monthly in a given area.
Hence we can say that management moving production or other parts of the company's value chain to countries where wages are lower is an example of cost drivers.
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The majority of nations, including India, do not have special laws safeguarding trade secrets, in contrast to other intellectual property rights like patents, trademarks, and copyrights. To safeguard trade secrets, the parties usually depend on contract law or the theory of misappropriation.
<h3><u>The points explaining TCS Scenario:</u></h3>
- Rapid product development in workplaces and workshops designed in the manner of Silicon Valley helps customers of TCS Digital Reimagination Studio to utilize the advantages of digital technology.
- These workspaces and workshops foster creativity and extremely agile cooperation.
- The fundamental elements of IP governance must be understood and used by TCS workers. Your access must be immediately terminated.
- This protection is only available through patents and utility models. Another party who rightfully created the necessary knowledge, such as B. Independently created inventions, may patent a trade secret. Once the secret is revealed, anybody can utilize it anyway they choose.
- Trade secrets are proprietary knowledge that has intellectual property (IP) rights that may be sold or licensed.
- Generally speaking, for something to be deemed a trade secret, it must: be financially valuable due to its secrecy; be known exclusively by a small group of individuals.
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Answer:
Instructions are below.
Explanation:
Giving the following information:
Variable cost:
Direct material= $0.50 per unit
Fixed cost:
Fixed overhead= $15,000
Total cost for 10,000 units:
Variable cost= 0.50*10,000= 5,000
Fixed costs= 15,000
Total cost= $20,000
Total cost for 15,000 units:
Variable cost= 0.50*15,000= 7,500
Fixed costs= 15,000
Total cost= $22,500
