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Kitty [74]
4 years ago
7

Matt's retail store offers all products at $2 less than its competitors. The store never runs promotional campaigns or offers sp

ecial discounts. Matt's retail store is following a(n) ________ pricing policy.
1. auction-type
2. going-rate
3. high-low
4. target-plus
5. everyday low
Business
1 answer:
olya-2409 [2.1K]4 years ago
8 0

Answer:

5) everyday low

Explanation:

An everyday low pricing policy (or strategy) refers to simply selling your products at a cheaper price than your competitors.

For example, bargain stores usually sell their products at a lower cost than the competition, Walmart, Target and Kmart are supposed to be bargain or discount stores. Another common type of retail store that uses this pricing strategy are outlet stores, specially clothing outlet stores.

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hedging, or reducing risk, is the same as adding value or return to the firm. group of answer choices true false
pychu [463]

false Hedging, or lowering risk, is the same as increasing the firm's value or return.

<h3>How might currency risk be reduced through hedging?</h3>

hedging to reduce the risk of currency loss. Foreign exchange risk is an unavoidable reality for businesses doing business in other countries, although hedging can help reduce the risk. By taking a contrary position in a comparable asset, the hedging technique seeks to reduce risks associated with financial assets.

<h3>What does hedge mean?</h3>

A approach for reducing the risks associated with financial assets is hedging. It uses market tactics or financial instruments to reduce the risk of any unfavorable price changes. To put it another way, investors use a trade in another investment to protect one investment.

To know more about hedging, or reducing risk, visit:-

brainly.com/question/21600180

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4 0
1 year ago
Fort Smith Technologies incurred the following costs during the past year when planned production and actual production each tot
Scilla [17]

Answer:

$560,000

Explanation:

Calculation for the total inventoriable costs for the year would be

Using this formula

Variable costing = Direct materials + Direct labor + Variable Manufacturing Overhead

Let plug in the formula

Variable costing= $280,000 + $120,000 + $160,000

Variable costing= $560,000

Therefore the total inventoriable costs for the year would be $560,000

8 0
3 years ago
One of the huge benefits of just-in-time production is that the need for _______________ is eliminated.
dsp73

One of the huge benefits of just-in-time production is that the need for "time" is eliminated.

<h3>What is just-in-time production?</h3>

With just-in-time (JIT) manufacturing, products are produced as needed, rather than in excess or ahead of schedule.

Some characteristics of just-in-time are-

  • With just-in-time (JIT) manufacturing, products are produced as needed, rather than just-in-time (JIT) inventory system is a management strategy that aligns raw-material orders from suppliers directly with production schedules in excess or ahead of schedule.
  • Because Toyota, a vehicle manufacturer, introduced just-in-time manufacturing in the 1970s, the practise is often referred to as the Toyota Production System (TPS).
  • To prevent work-in-process overcapacity, JIT is frequently used in conjunction with the scheduling technique known as kanban.
  • The JIT production method depends on consistent output, excellent craftsmanship, no equipment failures, and trustworthy suppliers for its success.
  • The JIT system is also known as short-cycle manufacturing (as used by Motorola) and continuous-flow manufacturing (as used by IBM).

To know more about just-in-time inventory management, here

brainly.com/question/8842151

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4 0
2 years ago
The Roland Company needs to comply with the financial reporting standards of the Sarbanes-Oxley Act. One of the employees, Ken,
77julia77 [94]

Answer:

The boss is correct.

Explanation:

Under Sarbanes-Oxley Act, a  rules-based approach to corporate governance and reporting is used. It is based on the view that companies must be

required by law (or by some other form of compulsory regulation) to comply with established  principles of good corporate governance.

Except in the instances of exceptions provided in the act, company has no choice than to comply regardless of the cost implication because non-compliance is punishable under the act. Sometimes, it is called tick box approach

This is contrary to what is obtainable in a principled-based approach where allowance is given for explanation in the event of possible con-compliance.

7 0
3 years ago
Keyboarding or typing 100 words per minute can be thought of as a?
Mrrafil [7]

Answer:

Professional career typists

Explanation:

People that can type fast usually use a type of keyboarding known as touch typing. Basically the person typing knows the location of each key by muscle memory.  This increases the speed of typing. But only professional career typists are the ones that can type or exceed 100 words per minute.

4 0
3 years ago
Read 2 more answers
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