Answer:
You didn't provide anything for me to choose from, so I can't give you an answer.
Answer:
Price Skimming
Explanation:
Price skimming is a pricing strategy approach where the producer sets the high price due to this it could attract purchased for having the strong desire with related to the product and then it normally decreased the prices to attract another one and so on
So as per the given situation, it is a prime skimming situation
Answer:
Strategic plans are made by the upper echelon of a company's management. They are long term and done with the intent to achieve company wide missions and visions.
Tactical plans come next and are made by the middle-level managers. They are not as long term as strategic plans and are typically less than a year but more than half a year. They are done to meet the strategic plans.
Operational plans are not very long term and are typically under half a year. They aim to meet strategic plans and are done by low-level management. It is usually detailed as it aimed at a particular goal.
Strategic Plans
- Reducing production waste to landfill sites by 60 percent.
- Reducing the impact of our operations.
- Addressing child labor in the cocoa supply chain.
Tactical Plans
- Reducing our energy and GHG in manufacturing.
- Educating employees to reuse water and improve processes.
- Reducing packaging material.
Operational Plans
- Eliminating 50 million pounds of packaging material.
- Buying certified commodities.
Projects are specific and so have specific goals as they aim to achieve a particular mission. They have a defined start and finish.
Programs on the other hand are a group of projects which would produce individual results that when put together, contribute to the larger goal of the program.
Policies are the guidelines that a company institutes in order to meet their goals.
Projects
- Reducing production waste to landfill sites by 60 percent.
- Eliminating 50 million pounds of packaging material.
- Educating employees to reuse water and improve processes.
Policies
- Buying certified commodities.
- Reducing packaging material.
- Addressing child labor in the cocoa supply chain.
Programs
- Reducing our energy and GHG in manufacturing.
- Reducing the impact of our operations.
Answer:
1) Buy 10 ounces of gold with the 350 dollars
2) Sell the 10 ounces of gold for £200
3) Exchange £200 for 360 dollars
Explanation:
Due to the difference between the exchange rate in gold and currency, a 2.1% (1.80 / 1.75) advantage can be obtained.
You start in the gold market with 350 dollars which are equal to 10 ounces of gold which are equal to £200. This according to the gold prices, witch generate a 1.75 exchange rate.
Then you go to the financial market where the exchange rate is larger (1.80) and with the £200 you get 360 dollars.
