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
Bogdan [553]
3 years ago
13

Anthony works at a firm that wants to develop a new pricing strategy for one of its products. The company has decided that its m

ain objective for this product is to increase the product's sales in relation to industry sales. Anthony has obtained a list of prices that tell him how much similar products are being sold for. Anthony is particularly interested in the industry's top competitor because it has so much market share. After determining the price of its major competitor, Anthony decided to undercut their price by several dollars. He believes putting a sign in their stores that features his company's discounted price next to the price of their major competitor for the same product will show consumers that Anthony's company offers them a much better deal. However, he knows that he has to be careful not to misrepresent the competitor's price in the process.
Anthony's firm has adopted a ______________ pricing objective.

a. market share
b. status quo
c. profit
d. return on investment
e. cash flow
Business
1 answer:
elena55 [62]3 years ago
3 0

Answer:

a. market share

Explanation:

Based on the information provided within the question it can be said that the Anthony's firm has adopted a market share pricing objective. This pricing objective focuses on reaching or maintaining the target market share for a company's product using any necessary tactics. Which is what Anthony is doing, he is undercutting the competitions prices in order to reach the top competitors market share for their competing product.

You might be interested in
sheridan company had beginning inventory of $12600 at March 1, 2022. During the month, the company made purchases of $54600. The
ANTONII [103]

$52670 is the cost of goods sold for the month of March

<h3>What is cost of goods ?</h3>

The carrying value of goods sold during a specific period is referred to as the cost of goods sold. Costs are assigned to specific items using one of several formulas, such as specific identification, first-in-first-out, or average cost.

The value of a company's cost of goods sold is determined by the inventory costing method used. When recording the level of inventory sold during a period, a company can use one of three methods: The average cost method, first in, first out (FIFO), and last in, first out (LIFO)

If COGS rises, net income will fall. While this change is advantageous for income tax purposes, the business will generate less profit for its shareholders. Businesses thus try to keep their COGS low so that net profits will

To know more about cost of goods  follow the link:

brainly.com/question/13767214

#SPJ4

7 0
2 years ago
The short run is:________
Scorpion4ik [409]

Answer:

The correct answer is option a.

Explanation:

The short-run is an imaginary short period in which all the inputs cannot be varied. There is at least one input that cannot be varied. So in the short run, there are some fixed inputs and some variable inputs.  

The cost incurred on fixed inputs are fixed costs and that incurred on variable inputs are variable costs. So there are fixed costs and variable costs in the short run.  

In the long run, all inputs are variable so all costs are variable as well.  

6 0
3 years ago
A client's respiratory status may be affected after abdominal surgery. The nurse documents the behavioral objective for this cli
ikadub [295]

Answer: Demonstrates the technique of coughing and deep breathing

Explanation:

The behavioral objective the nurse documents or would document would relate to how he acts or live with these Illness, an example is in his coughing and breathing, how well he breath, she does a round of counting, monitoring how heavy he breaths too. When she monitors all these, she is then able to compute an analysis for the objective on how the sick patient is.

7 0
3 years ago
You view tea and scones as perfect complements, and you prefer to consumer one cup of tea with one scone. Also, your indifferenc
vodka [1.7K]

Answer:

Infinity

Explanation:

In the case when the tea and scones are considered to be the perfect complements also you give preference one cup of tea over the one scone

Plus the indifferent curve with tea should be plotted on the vertical axis

So in the case when there is 2 cups of tea with one scone so at this point, the MRS should be at infinity as the indifference curve should be in downward sloping because we presume that there is preferences done at monotonicity

8 0
3 years ago
The management of Fannin Corporation is considering dropping product H58S. Data from the company's accounting system appear belo
hoa [83]

Answer:

Net operating income would be decreased by $137,000

Explanation:

The computation is shown below:

Sales                                          $490,000

Less: Variable expenses           ($221,000)

Contribution margin                  $269,000

Less

Fixed manufacturing expenses ($90,000)

Fixed selling and administrative expenses ($42,000)

Net income                                                      $137,000

If the product H58S were dropped than the net operating income would be decreased by $137,000

7 0
3 years ago
Other questions:
  • College education results in a positive externality for society. Explain whether the market failure that results from this exter
    11·1 answer
  • Rhonda planned to open a pastry shop in a resort town on the east coast. As she pondered her organizational set-up, she decided
    13·1 answer
  • Which of the following events could decrease the cost of money? Check all that apply.
    10·1 answer
  • Trish bought a new computer that she has been using for a few weeks. She is starting to experience pain in her wrists, back and
    11·2 answers
  • The type of work you do to earn a living is called A. Occupation B. Skills C. Identity B. Dignity
    14·1 answer
  • Miller Corporation has a premium bond making semiannual payments. The bond has a coupon rate of 8 percent, a YTM of 6 percent, a
    7·1 answer
  • Join know plz plz join the code is 651360 blooket join ;)
    9·1 answer
  • Grover Corp. manufactures three products, and is currently facing a labor shortage. The selling price, costs, and labor requirem
    5·2 answers
  • Upon arrival at the international airport in the country of Canteberry, Charles Alt exchanged $200 of U.S. currency 1,000 florin
    6·1 answer
  • The focus on green real estate and the number of people seeking sustainability has grown because of a wide array of market facto
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!