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Valentin [98]
4 years ago
14

Charging high prices to earn large profits during a time when there is little competitionrepresents a ________ strategy:________

_
A. Penetration
B. Bundling
C.Skimming
D. Cost-based
Business
2 answers:
Olin [163]4 years ago
6 0

Answer:

Skimming

Explanation:

Price skimming, also known as skim pricing, is a pricing strategy used by those who face little or no competion, what normally happens is that a firm charges a high price and then gradually may need to lowes the price to attract more customers.

Price skimming is used to earn large profits especiallyn when a new product or service is introduced into the market. The pricing strategy is largely useful iwhen the firm is the first to enter the marketplace. The aim of this is to generate the large profit in the shortest time possible.

Nina [5.8K]4 years ago
6 0

Answer:

Charging high prices to earn large profits during a time when there is little competition represents a COST-BASED

Explanation:

Cost-based pricing helps to accumulate high profits as a result of addition of cost of materials, labor, with the overhead cost in order to yield a profit at a specific price

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1.
Nastasia [14]

Answer:

Yes, it can be asserted that willingness to pay under these circumstances can be reconciled with the profit goal of a business in a free enterprise system.

Explanation:

There are three possible implications of the oversight of the subcontractor to submit a bill as follows:

1. The subcontractor may not have forgotten to submit the bill but the small business owner pays $15,000: Under this, the fact that the subcontractor has not submitted the bill does mean he has actually forgotten the legal obligation of the small business to pay. If the small company does try to fall through, it can raise suspicions the small business.

2. The subcontractor may truly have forgotten to submit the bill and the small business owner pays $15,000: Under this case, a feeling of an obligation to pay $15,000 will create a great and positive impression on the part of the subcontractor about the small business owner. This will subsequently result in a further favourable business interactions between the small business owner and the subcontractor.

3. The subcontractor may truly have forgotten to submit the bill and does pay any amount: Under this case, the subcontractor will have a wrong impression about the small business owner when the subcontractor eventually remembers he is yet to submit the bill. The attendant negative results will be loss of integrity, loss of more future business opportunities, and among others.

Conclusion

From the explanation above, it can therefore be asserted that willingness to pay under these circumstances can be reconciled with the profit goal of a business in a free enterprise system. This is because by doing the right thing, more positive impression will be created over time.

6 0
3 years ago
question which function does the office of management and budget not perform? responses recommends changes in the budget recomme
Afina-wow [57]

<u>Option B.  </u><u>vetoes the budget,</u> and the office of management and budget does not perform.

Budget management control capabilities are the abilities and knowledge you use while planning and regulating spending at a commercial enterprise. We can apply those abilities in a number of contexts, which include supervising the financial scenario of whole companies to coordinating the spending of a small quick-term undertaking.

The Minister of Finance introduces the finances in Parliament. it's miles mentioned in committees, debated within the homes, and a vote is taken.  The budget range is an annual plan for what government desires to obtain and how it'll spend money to reap those desires.

A budget range is an economic file used to project destiny income and prices. to place it sincerely, a budget plans destiny saving and spending in addition to planned profits and expenses.

Learn more about budget here:-brainly.com/question/6663636

#SPJ4

7 0
1 year ago
Glasis is a type of paint made specifically for use on cars. An ad in Motor Trend magazine advising consumers to request their b
elena-s [515]

Answer:

B. Pull Strategy

Explanation:

Glasis is a type of paint made specifically for use on cars. An ad in Motor Trend magazine advising consumers to request their body shops use Glasis paint is an example of how a company uses a pull strategy.

3 0
4 years ago
The Sarbanes-Oxley Act was passed in an effort to:_________
KatRina [158]

Answer:

A)control corporate behavior

Explanation:

Sarbanes-Oxley Act which came up in 2002, can be regarded as Public Company Accounting Reform and Investor Protection Act, is a reform act for public companies and investor protector. Sarbanes-Oxley Act was popped up in U S in order to to get the auditing of public companies fixed. It should be noted that the Sarbanes-Oxley Act was passed in an effort to control corrupt corporate financial behavior.

8 0
3 years ago
Corporation made sales of million during . Of this​ amount, collected cash for million. The​ company's cost of goods sold was ​m
saveliy_v [14]

Answer:

A. $405 million

B. $332 million

Explanation:

A. Calculation for How much was Carter's net income for 2016

Using this formula

2016 Net income=Sales revenue - Cost of goods sold - Other expenses

Let plug in the formula

2016 Net income= $900 million - $270 million - $225 million

2016 Net income = $405 million

Therefore How much was Carter's net income for 2016 is $405 million

B. Calculation for How much was Carter's cash balance at the end of 2016

Using this formula

2016 Ending cash balance =Beginning balance + Cash receipts - Payments

Let plug in the formula

2016 Ending cash balance=$ 110 millon + $872 million- $375million - $275million

2016 Ending cash balance= $332million

How much was Carter's cash balance at the end of 2016 is $332million

8 0
3 years ago
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