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nignag [31]
4 years ago
11

Buddy and Pablo are worthy competitors in the bakery business in Baltimore. Buddy recently negotiated a contract with a supplier

for really cheap chocolate. He knows that bakery customers want cheap products. In this competitive environment, keeping the price down is all that matters. A. True B. False
Business
1 answer:
rjkz [21]4 years ago
7 0

Answer:

False.

Explanation:

The answer is false because in the current competitive environment of business, customers are looking for high quality and good value at competitive prices

You might be interested in
Under a flexible-price monetary approach to the exchange rate Group of answer choices when the domestic money supply falls, the
Anastaziya [24]

Answer:

when the domestic money supply falls, the price level would eventually fall, keeping the interest rate constant.

Explanation:

Price can be defined as the amount of money that is required to be paid by a buyer (customer) to a seller (producer) in order to acquire goods and services.

In sales and marketing, pricing of products is considered to be an essential element of a business firm's marketing mix because place, promotion and product largely depends on it.

The flexible-price monetary model was developed by Frenkel and Mussa in 1976 and it states that the prices of goods are flexible while the purchasing power parity (PPP) is always constant.

Under a flexible-price monetary approach to the exchange rate when the domestic money supply falls, the price level would eventually fall, keeping the interest rate constant.

6 0
3 years ago
Ortiz is a manager of BRS Corp. Ortiz's division did not meet financial targets this year. Ramirez, manager of another division,
makvit [3.9K]

Answer:

C) Cooperative structure; a bonus for increasing organizational performance

Explanation:

Since apparently Ortiz's bad performance actually helped Ramirez and the whole organizational to exceed expected profits, then he should also receive a bonus for his participation in increasing the company's profits.

I'm not sure how this can happen, maybe the company operates two supermarkets and since Ortiz's supermarket operated really badly, then Ramirez's supermarket exceeded expected sales.  

3 0
3 years ago
Most economists prefer corrective taxes to regulation as a way to correct the problem of pollution because ____.
koban [17]

Answer:

d. All of the above are correct

Explanation:

the command and control are expensive and do not work in many cases but the tax based result in greater reduction and less costly to a society where the government also earns revenue.

4 0
3 years ago
The following transactions are February activities of Swing Hard Incorporated, which offers indoor golfing lessons in the northe
Greeley [361]

Answer:

A

cash        15,000 debit

accounts receivable 15,000 credit

B

cash            150 debit

   gift card liaiblity     150 credit

C

accounts receivable     4,000 debit

         services revenue           4,000 credit

D

cash           2,250 debit

       unearned revenue    2,250 credit

E

accounts receivable 125 debit

     service revenues            125 credit

Explanation:

A

we increase cash and decrease the customers accounts

B

we record the cash proceeds and use a liability for the obligation in the near future to provide services to a customer

C

we recognize the revenue and increase our accounts receivable

D

as the colleciton is in advance the revenue is not earned. this is a liability as we now have the obligation to perform services in the near future

E

we must match the revenue whn the time it occurs and that time was february not march.

3 0
3 years ago
For a certain item, the cost-minimizing order quantity obtained with the basic EOQ model is 200 units, and the total annual inve
lilavasa [31]

Answer:

$2 per unit per year

Explanation:

The calculation of the inventory carrying cost per unit per year is shown below:

Inventory Carrying cost per unit per year is

= Total Annual Inventory cost ÷ Economic order quantity

= $400 ÷ 200 units  

= $2 per unit per year

It is computed By dividing the total annual inventory cost from the economic order quantity, in order to get the inventory carrying cost

Therefore, the first option is correct

3 0
4 years ago
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