When setting the price of a product, a company needs to take into account the costs of producing, distributing and promoting the product, as well as a profit margin.
<h3>How to set the product price correctly?</h3>
It is essential that the company align its needs and objectives with the characteristics of the market and its business, in order to define a compatible and competitive price. It is essential to analyze income and expenses to establish an optimal balance in the pricing process, revising the strategy whenever necessary.
Therefore, it is essential that pricing is aligned to the market, to the fixed and variable costs of the business, considering its needs and goals for the business to be well positioned in the market.
Find out more about pricing here:
brainly.com/question/7452044
#SPJ1
Answer: Affiliate marketing
Explanation: Affiliate marketing is a type of performance-based marketing in which a business rewards one or more affiliates for each visitor or customer brought by the affiliate's own efforts of marketing. Affiliate marketing is the process of earning a commission by promoting other people's (or company's) products. The scenario above illustrates affiliate marketing, because If customers click on a logo, visit the vendor’s site, and make a purchase, then the vendor pays a commission to the partner.
Land doesn't cease to exist, and it's not depreciated or covered by property insurance because of its Indestructibility. The property insurance coverage might include homeowners insurance, renters insurance, flood insurance, and earthquake insurance. The exception is high-value and the expensive personal property, which is normally covered by purchasing a "rider" to the policy.
If a claim is made, the property insurance policy will either reimburse the insured for the actual cost of the damage or the cost of replacing the problem. The property insurance can include, among the other things, homeowners insurance, renters insurance, flood insurance, and the earthquake insurance.
To learn more about insurance, click here.
brainly.com/question/27822778
#SPJ4
Answer:
The correct answer is the option B: Institutes a dual hierarchy that violates the unity-of-command principle.
Explanation:
To begin with, in the business management field the concept known as "Matrix structure" or matrix management as well is refered to the dynamic way of organizating the company that has the characteristic of having the employees of the business answering directly to two or more superiors of leaders instead of just one. Therefore that in this type of organizational structure sometimes the matters of certain departments tend to interfere or collide with the objectives of others. That is the main reason why it does violates the principle of unity-of-command described in the organizational theory.
Answer:
The cross price elasticity of salsa and guacamole is 0.2. The two goods are substitutes.
Explanation:
The price of guacamole is increased from $2 to $2.5.
Percentage change in price
= 
= 
= 25%
The demand for salsa rises by 5%.
The cross price elasticity will be
= 
= 
= 0.2
We see that the cross price elasticity is positive. This means that the two goods are substitutes. When price of one good will increase consumers will prefer the cheaper substitute, increasing its demand.
