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Lubov Fominskaja [6]
3 years ago
6

The ______ pricing tactic lures customers into the store through aggressive advertising coupled with a very low price on somethi

ng that customers often buy.
Business
1 answer:
kap26 [50]3 years ago
7 0

Answer:

leader pricing strategy

Explanation:

Based on the information provided within the question it can be said that the pricing tactic that is being mentioned is a leader pricing strategy. This strategy focuses on placing lower price points on the products in order to attract customers to a new brand or to gain interest in general to the business as a whole. Therefore luring customers into the store and hopefully increasing sales.

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A broker was paid a commission of 6% of the first $120,000 of a sale price and 4% of all over $120,000. What would the sale pric
sergey [27]

The sale price be if the total commission was $9,000 would be $165000.

<h3><u>What is commission?</u></h3>
  • A type of variable-pay compensation for goods or services sold are commissions.
  • Salespeople are frequently encouraged and rewarded with commissions.
  • Additionally, commissions can be created to promote particular sales habits.
  • For instance, commissions may be decreased while providing significant discounts.
  • Or commissions might be raised when promoting particular goods that the company wishes to sell.
  • The framework of a sales incentive programme, which may comprise one or more commission plans, is where commissions are normally administered (each typically based on a combination of territory, position, or products).
  • As a strategy for businesses to try to realign employee interests with those of the company, payments are sometimes calculated as a proportion of revenue.

The broker's 6% commission came to $7,200 (.06 x $120,000). Subtracted from the total commission of $9,000, it leaves an additional balance of $1,800.

Since that portion was paid at the rate of 4%, dividing $1,800 by .04 yields the home's second cost component of $45,000. Add that to $120,000 and the home's total selling price was $165,000.

Know more about commission with the help of the given link:

brainly.com/question/20987196

#SPJ4

8 0
2 years ago
The most important part about having an effective organizational culture is to:
Aleksandr-060686 [28]

Answer:

<u>d. ensure that words are aligned with behaviors.</u>

Explanation:

Of course,  we can argue that it is not all about expressing clearly the organization's culture in the mission statement or writing them on cards, pins, desk sets, etc which may not even make any difference among employees, neither is simply including the values in the employee recruitment process.

However, <em>what really matters is that the organization ensures all the words about the organization's culture on paper are aligned with the behaviors of employees as they carry out their assignments.</em>

For example, an organization that merely writes on paper that it doesn't tolerate discrimination in the workplace on the basis of race, gender, etc, <u>and yet still allows open discriminatory practices has failed to align words with behavior.</u>

6 0
3 years ago
From its peak in 1929 to the trough in December 1932, the Dow Jones Industrial Average fell by _____. The Baa-U.S. Treasury spre
amm1812

Answer:

The correct answer is:

90% and 6%

Explanation:

From its peak in 1929 to the trough in December 1932, the Dow Jones Industrial Average fell by 90%. The Baa-U.S. Treasury spread was about 2% at the beginning of 1929. By December 1932, the Dow Jones Industrial Average reached a low, and the spread had increased to 6%.

The Dow Jones Industrial Average is the Index created by Charles Henry Dow, an economist and journalist, who worked for the famous journal The Wall Street as editor. There, he created the scale in order to measure year by year the development or behavior of the 30 largest public limited companies in the United States.

4 0
4 years ago
In order to retain certain key executives, Smiley Corporation granted them incentive stock options on December 31, 2017. 150,000
Mice21 [21]

Answer:

Check the explanation

Explanation:

Kindly check the attached image below to see the step by step explanation to the question above.

3 0
4 years ago
A pre-concert rehearsal is an example of
Mrrafil [7]

Answer:

Quality control

Explanation:

Six Sigma is a quality business management strategy which helps business organizations to improve the quality of processes, products and services by discovering and eliminating defects, variations or errors. It is a strategic business concept that was developed in 1986 by Motorola.

Under the six sigma approach, any process that doesn't provide customer satisfaction or causes challenges in an organisation's process should be eliminated from the system in order to produce quality products and services. It allows only 3.4 defective features for every million opportunities and as such expects processes to be defect free 99.99966 percent of the time.

Generally, there are two (2) main methods of achieving the six sigma approach;

1. DMAIC: define, measure, analyze, improve and control.

2. DMADV: define, measure, analyze, design and verify.

Hence, a pre-concert rehearsal is an example of quality control because the participants or team members are made to practice their routines so as to master them and prevent mistakes on the day of the concert. Thus, a pre-concert is aimed at getting the best out of a team in order to deliver a quality performance to the audience.

5 0
3 years ago
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