Answer:
The correct term that fills the blank in the paragraph is:
- When a firm introduces a new product at a relatively low price because it hopes to reach the mass market, it is following an <u>penetration pricing</u> strategy. The low price is designed to capture a large share of a substantial market and produce lower production costs.
Explanation:
<em>The penetration pricing</em> is the form how a company introduce a new product with a low cost, the will win market and produce those products to a lower production costs, <u>it occurs due the purchase of raw material for that product results be cheapest when this is made wholesale</u>, and it is the reason because the small companies or familiar companies can't advance through the time, because their production costs are so much high than other bigger companies and, how result, their utilities are smaller.
Answer:
C - Low differences in labor costs
Explanation:
Globalization has been able to take place due to (a) ease of capital flow between countries, (b) better international communications, and (d) market economics.
There are extreme differences in labor costs internationally.
They chose to take land from Virginia in order to take their power.
Answer:
Kyler Murray has been sacked 26 times this year.
The win at all costs attitude helped Rockefeller to become the richest man of his time. He considered himself as the fittest and was able to acquire stock in various companies. The problem with this attitude is that it may lead to negative externalities in society such as loss of good jobs
