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DENIUS [597]
3 years ago
13

If the manufacturer of a sophisticated new consumer electronics product determines that many target consumers qualify as "innova

tors" and "early adopters" with relatively inelastic demand curves, the company should use the ________ pricing strategy.A) gray marketB) skimmingC) penetrationD) market holdingE) cost-based
Business
1 answer:
valentina_108 [34]3 years ago
4 0

Answer:

B. skimming pricing strategy

Explanation:

Skimming pricing strategy -

It refers to the strategy of reducing the price of the goods and services over the period of time , is referred to as skimming pricing strategy .

In the initial time of the product launch , the demand of the product is very high and hence the price is also high .

But as the time passes by , the demand for the product reduces , and hence the price also reduces .

Hence , from the given scenario of the question ,

The correct option is B. skimming pricing strategy .

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Former-ceo kalanick’s question of ""what kind of brand do we want to be?"" represents which stage of the strategic management pr
Orlov [11]

Answer:

Establish the mission and vision and values

Explanation:

When former CEO kalanick’s question of ""what kind of brand do we want to be?", it represents the Establishing the mission and vision and values stage of the strategic management process. Strategic management is the process which involves setting goals and objectives, the analyzing and evaluating the outside and internal environment by evaluating the existed strategies.

Following are the step of strategic management process:

1: Vision and objectives are set.

2: Gathering and analyzing of the information.

3: Strategy formulation in order to attain the set vision and objectives.

4: Implementation of the strategy.

5: Evaluation and Control.

Here in this case, what kind of brand we want to be, represents the setting of the vision, mission and objectives for the brand, putting it simply, setting the direction for the brand, where we want to be, how we want customers to see us.

8 0
3 years ago
Rank the following types of businesses in order of risk to you, with the highest being number 1: partnership, limited partnershi
kompoz [17]

Answer:

  1. Sole Proprietorship
  2. Partnership
  3. Limited Partnership
  4. Limited Liability Company      

Explanation:

Sole Proprietorship is the type of business in which the liability is not limited. Due to this issue, the owner is solely responsible to pay off the debts of company from his personal owned assets if the business goes bankrupt.

Partnership is just like sole proprietorship but here the partners are the only responsible persons to payoff the debt of the company because the liability is limitless. The burden of the company debts is equally shared among the partners.

Limited Partnership is less risky because the liability is limited and only the amount invested in the business is subjected to the payment of borrowings from the lenders. The limited partner is responsible for his actions which means if his misdeed resulted in fine then it would be paid from his share first and then the other partners are equally liable to for compensation if their is still any amount left.

In the case of Limited liability company, the liability is limited and the burden of the payment of the liability falls on the company. So the investor is not subjected to pay the debts of the company because the limited liability company is a separate entity and is solely liable to pay for its debts.

8 0
3 years ago
AIDA, the indirect strategy for persuasive messages, seeks to gain the attention, interest, ________, and action of the audience
alexgriva [62]

Answer: Desire

Explanation: AIDA model is widely used in marketing and advertising to describe the steps or stages that occur from the time when a consumer first becomes aware of a product or brand through to when the consumer trials a product or makes a purchase decision

AIDA is an acronym for Attention, Interest, Desire and Action. It is a model that assist to explain how an advertisement or marketing communications message engages and involves consumers in brand choice

It is one of the long standing model used in advertising and it is also known as hierarchy of effects model.

5 0
3 years ago
Retained earnings is the total amount of cash and other assets paid in to the corporation by stockholders in exchange for capita
Cloud [144]

Answer:

false

Explanation:

Paid-in capital is the amount of money or any other form that stockholders pay to the corporation for capital stock. it is considered as an important part of the equity in the business. paid-in capital can be paid for common or preferred stock.

it is considered a way through which stockholders can represent their funds by showing the amount of stock they have purchased

6 0
3 years ago
abares Corporation had these transactions during 2020. Indicate whether each transaction is an operating activity, investing act
scZoUnD [109]

Answer:

(a) Issued $50,000 par value common stock for cash = Financing Activities

b) Purchased a machine for $30,000, giving a long-term note in exchange. Financing Activities = Non-cash Investing and Financing Activity

(c) Issued $200,000 par value common stock upon conversion of bonds having a face value of $200,000 =  Non-cash Investing and Financing Activities

(d) Declared and paid a cash dividend of $18,000 = Financing Activities

(e) Sold a long-term investment with a cost of $15,000 for $15,000 cash = Investing Activities

(f) Collected $16,000 from sale of goods = Operating Activities

Explanation:

The Cash flows related to raising of capital is known as Cash flow from Financing Activities.

The Cash flows related to growing and selling of Assets of the business is known as Cash flow from Investing Activities.

The Cash flow related to trade in Ordinary course business of the Company is known as Cash flow from Operating Activities.

7 0
3 years ago
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