explain how companies engage in price competition in nonprice competition and give an example of each kind of competition

MC TOOLS makes hammers.

Nataliya [291]

Answer:

$1,143,000

Explanation:

materials per hammer = $9 x 0.5 pounds = $4.50

units sold during March = 500,000

units sold during April = 500,000 x 101% = 505,000

May's sales = 510,000

beginning inventory of finished goods in April = 190,000

beginning inventory of raw materials in April = 260,000

production schedule for April:

budgeted sales = 505,000

- beginning inventory = -190,000

+ desired ending inventory = 510,000 x 40% = 204,000

units to be produced during April = 519,000

materials required during April:

scheduled production = 519,000 hammers

raw materials required = 259,500 pounds

- beginning inventory = -260,000 pounds

+ desired ending inventory = 510,000 x 0.5 x 50% = 127,500 pounds

raw materials purchases 127,000 pounds

price per pound $9

raw materials expenditures during April = $1,143,000

6 0

3 years ago

In an import-oriented distribution structure,A. the importer-wholesaler traditionally performs most of the marketing functions.B

Gnesinka [82]

Answer:

A. the importer-wholesaler traditionally performs most of the marketing functions.

Explanation:

Trade can be defined as a process which typically involves the buying and selling of goods and services between a producer and the customers (consumers) at a specific period of time.

Globalization can be defined as the strategic process which involves the integration of various markets across the world to form a large global marketplace. Basically, globalization makes it possible for various organizations to produce goods and services that is used by consumers across the world.

An import-oriented distribution structure is also referred to as a traditional distribution structure and it typically involves controlling a fixed supply of goods by an importer while selling a limited supply of the goods (products) at a higher price to a small group of rich or affluent customers.

This ultimately implies that, in this type of distribution structure, demand for goods usually exceeds the quantity of goods supplied.

Hence, in an import-oriented distribution structure, the importer-wholesaler traditionally performs most of the marketing functions.

5 0

3 years ago

What procedures must be described in an agreement called an assurance of compliance with a us?

NikAS [45]

Procedures are in place that ensure that subjects will be covered in a manner proportionate to the Common Rule, including inspection by an independent committee comparable to an IRB.

<h3>What is meant by an assurance of compliance?</h3>

An institution must provide a written assurance of compliance with the conditions of the assurance and the requirements of 32 CFR Part 219, as determined by the Human Study Protection Official to be suitable for the research supported by the Department of Defense (DoD) component (32 CFR 219.103).

The word "compliance assurance" refers to all the steps an organisation takes to make sure that rules, policies, and procedures are followed and are perceived to be followed. The IRB's main goal is to uphold the rights and welfare of any human subjects involved in research projects that fall within its purview.

Hence, Procedures are in place that ensure that subjects will be covered in a manner proportionate to the Common Rule, including inspection by an independent committee comparable to an IRB.

To learn more about Assurance of compliance refer to:

brainly.com/question/2672058

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4 0

1 year ago

Before planning or organizing your presentation, you should understand your audience and anticipate its reactions. What question

tamaranim1 [39]

Answer:

All the Questions are Important to Understand the Audience and Anticipate its Reactions

Explanation:

How can I relate this information to my listeners’ needs?

The Audience is made of listeners who are there because they have a learning need, so breaking down the presentation and tailoring it to speak to the need of the listeners is key to an impactful presentation. If the terms and examples used are ambigious it will be difficult for the audience to relate

What is the educational level of my audience?

The educational level of the audience determines the grammatical make-up to be used in the presentation. It also determines the contextual language to be used for the presentation. The language for academics will be different from that of factory floor workers due to difference in the level of education for instance.

How do I incorporate smart art in my presentation?

The incorporation of smart art in the presentation is also a contextual issue, it involves organising smart arts that are easily relatable for the auidence. Statisticians will do better with bar charts, pie charts and histograms while Medical Practitoners for instance will do better with anatomy charts and diagrams amongst others.

What does my audience already know about my presentation topic?

What the audience know about your presentation helps to decide where to start and ensure that quality time is saved or the basic terminologies are covered in order to adequate carry the people along.

How many people will be in the audience?

A larger audience means quite a number of things from anticipating a level of distraction, to expectiing a mixed crowd with varying levels of understanding and comprehension. A smaller audience may help keep things strictly contextual and more intimate language can be adopted.

What will help to make my points most effective: facts, statistics, or anecdotes?

Facts, Statistics and Anecdotes are important to drive home controversial and salient points in a presentation. It means the presenter is not just speaking, he or she is speaking with knowledge and can defend the statements or facts given in the presentation. They also make a presentation colourful and more relatable.

3 0

3 years ago

Imagine that an economic recession erodes consumer confidence. As a result, the marginal propensity to consume drops from .8 to

Serga [27]

Answer:

Increased government spending will be less effective for raising the Marginal Propensity to Consume.

Explanation:

The Marginal Propensity to Consume depends on disposable income, and disposable income is the money that individuals have after paying tax.

If the government increases spending, it will also increase taxes to finance spending, and if taxes are higher, people will have less disposable income, and even if their marginal propensity to consume increases, because they now have less money, the will spend less in total.

8 0

3 years ago

explain how companies engage in price competition in nonprice competition and give an example of each kind of competition￼

explain how companies engage in price competition in nonprice competition and give an example of each kind of competition