1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Orlov [11]
4 years ago
14

To increase the popularity of its new range of smartphones, gizmopro inc., a mobile phone manufacturer, offered several accessor

ies for free to customers who bought the smartphones. however, the management of gizmopro inc. soon found this an unsustainable practice. the company then decided to offer discounts on the accessories instead of giving them for free. these actions of the management of gizmopro inc. are aimed at _____.
Business
1 answer:
ikadub [295]4 years ago
6 0

Answer: This question lacks the following answers:

a. market share pricing

b. profit maximization

c. demand orientation

d. sales maximization

<u>The correct answer is b)</u>

Explanation:

The practice of giving away free things (mobile accessories) can be good after the launch of a new product range, or even when the company itself is entirely new. However, it is not feasible in the long run, as the company <u>does not generate profit</u> from giving products for free.

Giving discounts is definitely more lucrative, as the discount itself provides enough of an incentive for the customer to buy the accessory. On the company side, <em>profit </em>will be generated (although decreased with the discount, but still generated compared to giving free things).

You might be interested in
Two years ago, Sam invested $12,400. In 3 years from today, he expects to have $15,700. If Sam expects to earn the same annual r
spin [16.1K]

Answer:

$18,750

Explanation:

Present value (PV): $12,000

Tenor: 3 years

Future value (FV): $15,700

We have the formula:

FV = PV*(1+ annual rate) ^ number of year

15,700 = 12,000 * (1 + rate) ^3

-> Rate = (15,000/12,000)^(1/3) – 1 = 7.722%

If Sam invest in 6 year, the amount he expect to have is the future value in below calculation:

FV = 12,000 * (1+ 7.722%)^6 = 18,750

8 0
3 years ago
During fiscal 2014, BlackBerry Limited wrote down its BB10 smartphone inventory by approximately $1,700,000,000 because its cost
Natasha2012 [34]

Based on the BB10 smartphone being written down by $1,700,000, the journal entry would involve debiting Cost of goods sold and crediting Inventory.

<h3>Why would the above be done?</h3>

The question seeks the journal entry of the above write down. The inventory will be written down by $1,700,000 and this will be charged to the Cost of goods sold.

The journal entry is:

Date                     Account title                                       Debit          Credit

2014                    Cost of goods sold                       $1,700,000

                            Inventory                                                         $1,700,000

Find out more on writing down inventory at brainly.com/question/5771882.

8 0
3 years ago
Omni Healthcare's analgesic drug Cetaprin has a 40% share in the analgesics market in the country of Terrania. Its closest compe
dangina [55]

Answer:

C) The demand for analgesic drugs in the Terranian market is expected to remain stable.

Explanation:

The options were missing:

  • A) Omni Healthcare often takes money from other strategic business units to support Cetaprin.
  • B) A customer survey shows that Cetaprin users do not prefer it to other analgesics in the market.
  • C) The demand for analgesic drugs in the Terranian market is expected to remain stable.
  • D) Febex is rapidly gaining market share over Cetaprin due to aggressive marketing efforts.
  • E) The Terranian market for healthcare products is expanding rapidly.

A cash cow is a mature product that is sold in a slow growth market, but holds a significant market share, and generate large and constant cash inflows to the company.

3 0
3 years ago
Research five career options that are available for potential entrepreneurs in the industry of your choice. Write a half-page es
MAVERICK [17]

Answer:

Consider matrix A.

What is the inverse of A? Fill in the missing elements in the matrixs.

Explanation:

Consider matrix A.

What is the inverse of A? Fill in the missing elements in the matrixs.

6 0
3 years ago
You're working with buyers who are pre-approved for a loan of as much as $200,000. Assuming they lock in a 5.25% interest rate a
gayaneshka [121]
$875 will go toward interest
4 0
3 years ago
Other questions:
  • Currently Digby is charged $6,664,000 Depreciation on the Income Statment. Digby is planning for an increase in this depreciatio
    11·1 answer
  • Tony decides to hold the company’s first adventure race on December 15. Four-person teams will race from checkpoint to checkpoin
    13·1 answer
  • In order to determine the presence of trans fat in a given product, consumers should check the label for
    14·1 answer
  • Georgey's Pawn Shop had 1,000 shares of its $1.00 par value common stock issued and outstanding Before a 2 for 1 stock split. Ea
    7·1 answer
  • Which of the following is false concerning special basis adjustments under Section 754? Multiple Choice Special basis adjustment
    12·1 answer
  • Which leadership style focuses on limiting supervision and promoting individualistic decision making?
    15·1 answer
  • The balance sheet of Heitman Management​ Consulting, Inc. at December​ 31, 2015​, reported the following​ stockholders' equity:
    8·1 answer
  • with relavant examples discuss the intangible business property that is protected by law and which an entrepreneur should consid
    11·2 answers
  • HELP ASAP ECON !???
    15·1 answer
  • Which of the following choices is not a career assessment value?
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!