Answer:
c. flexible-price
Explanation:
A flexible pricing policy provides room for the business and the customer to negotiate for the final price of a product. In other words, the price indicated on the item is not fixed. The seller and buyer can agree to alter it either upwards or downwards.
A flexible pricing strategy enables a business to adjust its prices to suit the market demand. It will allow a company to counter low prices by competitors in cases of price wars. In some instances, businesses set slightly high prices to provide for negotiations. Flexible pricing is common, especially in tailor-made products.
Answer:
Cream $560
Explanation:
Units Selling price Sales value Percentage of sales value Allocated cost
Cream200 15 3,000 3,000/5,400 = 56% 1,000 x 56% = $560
Skimmed
milk600 4 2,400 2,400/5,400 = 44% 1,000 x 44% = $440
Total $5,400 100% $1,000
Therefore the amount of joint cost allocated to cream is $560
Answer:
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Explanation:
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In the exact moment you run out of laundry detergent and realize you need to pick some up at the store, you are in the problem recognition stage of the buying decision process. The problem recognition stage is realizing you have to make the purchase versus deciding to make the purchase of something.
Answer:
<em>B) contradicts the argument and finds that firms that successfully pursue cost leadership and product differentiation simultaneously can often expect to gain a sustained competitive advantage.</em>