1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
galben [10]
3 years ago
12

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:
Usimov [2.4K]3 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.

Murrr4er [49]3 years ago
3 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

You might be interested in
Which of the following is a disadvantage of using a percentage-of-sales method to determine the marketing communications budget?
Ratling [72]

Answer:

d

Explanation:

The different methods of determining marketing budget includes :

Percentage of Sales method. - it is usually used by small businesses. it is when a percentage of sales is used to determine the overall budget of marketing communications.  

Objective and Task method ; this involves a firm determining it objectives and then estimating the cost of reaching these objectives  

Market Share method. - uses its market share to determine its budget

Unit Sales method. - the cost of marketing for one item is determined and then multiplied by the desired sales level

7 0
2 years ago
holton is the manager at a small restaurant. What can he do to ensure the workplace offers a safe environment for employees?
Bogdan [553]
A safe environment includes the safety of workers doing there jobs and could be to protect them if something bad occurred. In a restaurant, have a first aid kit, have an eyelash station if chemicals are used to clean, have a list of all important phone numbers available, depending on the neighborhood; a panic button to alert police, a system to ensure employees are safe in the parking lot; to and from work, have the workers in the kitchen wear non slip shoes, tie hair back, there are so many things that need to be considered.
5 0
3 years ago
Read 2 more answers
Cathy's Coaster Company uses cork in all of the protective drink coasters that it manufactures. If Cathy's enters into an agreem
alexandr1967 [171]

Answer:

a requirements contract.

Explanation:

A requirements contract is made between a company and one of its suppliers or vendors. In that contract, the supplier or vendor agrees to supply a certain amount of goods or services that the company requires, in exchange the company will only purchase the goods or services from that specific supplier or vendor.

8 0
3 years ago
The price of food is rising fast! how might this situation be handled in a…
Pani-rosa [81]
A free market economy is when the prices of supply and demand are free from the government. Meaning they can charge whatever they want and the government has to say. So answering your question they can just charge less if they felt like it since they have free reins of the prices.

A command economy is the opposite whereas supply and demand prices are determined by the government and the government only. The government would probably not change the prices because the government sucks.

(A mixed economy is the best way to achieve that)

4 0
3 years ago
a system has two processes and three identical resources. each process needs a maximum of two resources. is deadlock possible? e
Naddik [55]

A system has two processes and three identical resources. each process needs a maximum of two resources.---<u> Deadlock is not possible</u>.

<h3>What's deadlock explain?</h3>

A deadlock is a situation in which two computer programs participating the same resource are effectively precluding each other from penetrating the resource, performing in both programs ending to serve. The foremost computer operating systems ran only one program at a time.

<h3>What happens in deadlock?</h3>

Deadlock is a situation where a set of processes are blocked because each process is holding a resource and staying for another resource acquired by some other process

Learn more about deadlock:

brainly.com/question/25541016

#SPJ4

5 0
10 months ago
Other questions:
  • If a firm can earn ________, the firm is creating value for its shareholders.
    11·1 answer
  • A magician's goal is to get the audience to focus on one aspect of his demonstration while he manipulates another. this is easy
    9·1 answer
  • Soccer players are expected to congratulate and shake hands with the opposing team, even when their team loses the game and they
    6·1 answer
  • Recommend four aspects you would include when preparing a flyer
    13·2 answers
  • The Chicago National League Ball Club (Chicago Cubs) operated Wrigley Field, the Cubs’s home park. Through the 1965 baseball sea
    15·1 answer
  • A business segment reports segment revenues of $1.2 million, segment costs of $1.0 million, and allocated corporate overhead cos
    5·1 answer
  • Robert Corp. granted an incentive stock option for 200 shares to Beverly, an employee, on March 14, Year 12. The option price an
    9·1 answer
  • A 10-year maturity, 6.5% coupon bond paying coupons semiannually is callable in five years at a call price of $1,010. The bond c
    6·2 answers
  • The income statement of Blossom Company for the month of July shows net income of $3,310 based on Service Revenue $7,210, Salari
    12·1 answer
  • Suppose that the price of labor is $7 for a firm, while the price of capital for a firm is $10. Also suppose that the Marginal P
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!