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ICE Princess25 [194]
4 years ago
13

When Lofonift Inc. introduced its flagship product, an MP3 player, it captured the MP3 player market by offering its product at

the lowest price in the market. This gradually forced many of its competitors out of business. Once its competitors were out of business, Lofonift Inc. raised its prices. In this scenario, Lofonift Inc. most likely indulged in _____.
Business
1 answer:
quester [9]4 years ago
4 0

Answer: predatory pricing  

       

Explanation:  In simple words, it refers to a pricing strategy in which the organisation price its goods very low with the objective of capturing the whole market and forcing to leave the other competitors.

In the given case, Lofonitt captured the mp3 market by offering lower price [products leading to failure of their competitors.

Hence we can conclude that they were indulged in predatory pricing.

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discuss what the scatter chart inidcates about the relationship between profits and market capitalization
Leona [35]

The scatter chart indicates that there is a positive linear relationship between profits and market capitalization.

<h3>What is a Scatter chart?</h3>

This is defined as a mathematical diagram which uses dots to represent values for two different numeric variables.

In this case, the scatter is relatively small with a positive slope which depicts a positive linear relationship between the variables.

Read more about Scatter chart here brainly.com/question/6592115

5 0
3 years ago
Locke Inc has a machine that installs tires. The machine is now in need of repair. The machine originally cost $10,000 and the r
Phoenix [80]

Answer: William should replace the machine with a new one because over that 2 year span he will be losing less money, if he were to repair he would lose more money.

Explanation:

5 0
3 years ago
The Tolar Corporation has 500 obsolete desk calculators that are carried in inventory at a total cost of $720,000. If these calc
Arisa [49]

Answer:

Financial advantage = $10,000

Explanation:

Since the calculators are obsolete, in the current state they only have value of $50,000

If further processed,

Sales = 190,000

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Total profit after processing = 190,000 - 130,000 = $60,000

The financial advantage of processing further = 60,000 - 50,000

Financial advantage = $10,000, the calculators should be processed further.

Hope that helps.

7 0
4 years ago
Can anyone help me finish this <br>8.<br>9.<br>10.
sergij07 [2.7K]

8. Holder in due course

9. Alteration

10. Consumer transaction


8 0
3 years ago
.Who were some of the primary decision makers that led to the illegal sales activities?
mixas84 [53]

The CEO John Stumpf and the former retail banking head were some of the primary decision makers that led to the illegal sales activities.

Sales are sports related to promoting or the number of products offered in a given targeted term. The transport of a provider for a price is likewise taken into consideration a sale. A sale is a transaction between two or more events in which items or services are exchanged for cash or different property. within the financial markets, a sale is an settlement between a customer and vendor regarding the rate of a protection and its transport for agreed-upon reimbursement. In fashionable commercial enterprise operations, income confer with any transactions where money or value is exchanged for the ownership of a good or entitlement to a service. In an accounting context, income refers to a corporation's sales earned from the sales of services or products (net sales).

Learn more about sales here:brainly.com/question/25743891
#SPJ1

4 0
1 year ago
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