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umka2103 [35]
4 years ago
10

Companies facing the challenge of setting prices for the first itme can choose between two board strategies; marketing-penetrati

on pricing and _______ pricing.
a) comparativeb) competitivec) market-skimmingd) market-segmentationE) cost-plus
Business
1 answer:
Alika [10]4 years ago
5 0

The correct question should be:

Companies facing the challenge of setting prices for the first time can choose between two board strategies; marketing-penetration pricing and _______ pricing.

Answer: Market Skimming pricing.

Explanation:

A company with a product new to the market can either choose to use the market penetration pricing or the market skimming pricing.

The market penetration pricing works best in a market with a lot of competition. The penetration pricing is a kind of pricing a company uses where the price of it's Products are set to be very low to attract price-sensitive consumers and still make profit.

The market skimming pricing on the other hand is a price setting method where a high entry price is set for a new product and then subsequently reduced with increase in market competition.

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On June 1, Skysong, Inc. issues 2,700 shares of no-par common stock at a cash price of $6 per share. Journalize the issuance of
faust18 [17]

Answer:

June 1

DR Cash <u>$16,200</u>

CR Common Stock <u>$16,200</u>

<em>(To record issuance of Common Stock)</em>

<u>Workings</u>

Cash

= 2,700 shares * $6 price

= $16,200

8 0
3 years ago
Simpson Sign Company based in Frostbite Falls, Minnesota has a 6-month C$100,000 contract to complete sign work in Winnipeg, Man
seraphim [82]

Answer:

A) $102,000

Explanation:

The computation of the amount used today for preparing the operating budget is shown below:

= Contract value × forward rate

= $100,000 × $1.02

= $102,000

For computing this, we consider the forward rate and the same is multiplied with the contract value so that the correct amount can come.

All other information which is given is not relevant. Hence, ignored it

3 0
4 years ago
Sally Mitchell works as a manager at an environmental organization. She is currently working on a global warming project and dec
rewona [7]

Answer: B) Organizing

Explanation: Organizing in a business aspect means making preparations for an activity or an event. It involves delegating authority, grouping duties into different sections, assigning duties, and assigning resources to various parts of the organization. Sally Mitchell is engaging in all these aspects in the case study.

Other definitions that don't apply here are explained below.

A) Planning - INCORRECT. Planning is the first step towards creating an event or activity. It is the process of brainstorming and thinking about what is needed to achieve a goal.

C) Scrutinizing - INCORRECT. Scrutinizing means thoroughly evaluating or inspecting something.

D) Controlling - INCORRECT. This is a function done by management that involves comparing set standards to actual standards to confirm that tasks have been performed in accordance with the plans set.

E) Envisioning - INCORRECT. This means to visualize a possibility that can occur in the future.

4 0
3 years ago
If both interest rate parity and the international Fisher effect hold, then between the forward rate and the spot rate, the ____
trasher [3.6K]

Answer:

The correct answer is forward; high.

Explanation:

A spot rate is the settlement price agreed in a spot contract, which facilitates the purchase and sale of a good, value or currency on the spot date, which is normally two business days after the trading date. On the other hand, a forward rate is the settlement price in a forward contract, which facilitates the purchase and sale of a good, value or currency when the terms are agreed but delivery and payment will occur at a future date.

Buyers and sellers look for a spot rate to make an immediate purchase or sale. A forward rate is considered to be market expectations for future prices. It can serve as an economic indicator of how the market expects the future to perform, while spot rates are not indicators of market expectations and are instead the starting point for any financial transaction.

Therefore, it is normal for forward rates to be used by investors, who may believe they have knowledge or information about how the prices of specific items will move over time. If a potential investor believes that actual future rates will be higher or lower than the forward rates established on the current date, it could indicate an investment opportunity.

3 0
4 years ago
01
sveta [45]

Answer:

b. What is your greatest weakness?

4 0
3 years ago
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