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melisa1 [442]
3 years ago
12

Suppose a company selling in various country markets makes statements such as "we know what the customer wants, and he or she wi

ll have to pay for it." This is an indication of a(n) ________ approach to setting prices.
Business
1 answer:
Iteru [2.4K]3 years ago
7 0

Answer:

Ethnocentric

Explanation:

Ethnocentric pricing strategy requires for the price of a specific merchandise to be similar all over the world. When this method is practised by an organization, it renounces some prospects to set higher prices in nations where an inferior pricing is required.

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Why do you think that luxury brands are particularly interested in investing in social media influencers?.
cestrela7 [59]

Answer:

I think they are interested because partially social media influencers have a younger audience so when they see their "idol" promoting such and such there more like to want it, Also  They can lend luxury brands a voice of authenticity and have the potential to produce original brand materials.

Explanation:

Because everyone thinks they can have it because an influencer got one

        Hope this helps :)

7 0
3 years ago
Which option correctly describes a benefit of using professional networking websites? OA Reach out to friends and relatives for
Katena32 [7]

Answer:

B. you should get updates about the companies that interest you.

Explanation:

B. Because once you find something that interest you its easier to work at a  place you like than to be bored and sad at a place you don't like

6 0
3 years ago
each of the following inventors developed machinery that would lead to the increased productivity of farmers between 1790 and 18
xenn [34]
<span> c) Samuel Morse becasue he the only person

</span>
3 0
3 years ago
The most efficient combination of resources in producing a given output is the combination that:
blondinia [14]

Answer:

Option (b) is correct.

Explanation:

(a) If a producer uses the almost same quantities of all the factors of production and if marginal output remains the same then this will lead to no gains.

(b) This is done by purchasing the combination of inputs which are yielding higher marginal outputs.

(c) This would result in a loss because all the resources are not utilized properly or we can say that resources are not used at their potential.

(d) For achieving the level of profits, labor should be devoted to the work for maintaining the higher level of growth in production.

8 0
3 years ago
Mountaineer Excavation operates in a low-lying area that is subject to heavy rains and flooding. Because of this, Mountaineer pu
Serjik [45]

Explanation:

1. The journal entry is as follows:

On March 1

Prepaid insurance A/c Dr $36,000

       To Cash A/c $36,000

(Being the prepaid insurance is recorded for cash)

For recording the advance purchase of insurance, we debited the prepaid insurance and credited the cash account. Both the accounts are recorded at $36,000 so that the proper posting could be done.

4 0
3 years ago
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