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3 years ago

Which of the following is an example of a psychological pricing strategy

1 answer:

6 0

An example of a psychological pricing strategy would be to mark somethings price as $19.95, instead of $20.00. This way it psychologically looks like less money to spend.

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Qiang is ready to become a franchise owner and open one of the 50 Southwest Diners, a very successful fast food chain specializi

Karo-lina-s [1.5K]

Answer:

Explanation:

When we talk about franchising then it comes with high cost and fee. Firstly, the franchisee need to fulfill certain requirements like specified space, Dining capacity etc. Then franchisee needs pay franchise fee. So to fulfil the specific requirements to attain the franchise, the cost is high. Franchisor, to maintain the brand name apply certain specific requirements on number of diners, space, type of dishes etc. They all comes with high cost. Also the franchise fee will be high as written in question that its successful fast food chain.

After business starts, the franchisee needs to pay certain amount to franchisor every month in terms of ROYALITY.

So, WHen we talk about franchise it comes with high cost.

4 0

3 years ago

If a company adds 60 new workstations at a cost of $100,000 each and also spends $20 million for addition in its camera/drone as

vredina [299]

Answer:

$1,300,000

Explanation:

Given:

Number of workstation = 60

Cost of each workstation = $100,000

Additional Cost = 20,000,000

Computation of total cost:

= Total work station cost + Additional cost

= ($100,000 x 60) + $20,000,000

= $6,000,000 + $20,000,000

= $26,000,000

Assume Depreciation rate = 5%

Deprecation = Total Cost x Depreciation rate

= $26,000,000 x 5%

= $1,300,000

5 0

3 years ago

Crane Company on January 1, 2018, granted stock options for 63000 shares of its $10 par value common stock to its key employees.

attashe74 [19]

The amount of compensation expense Crane should record for 2017 under the fair value method is $207000

<u>Solution:</u>

From the given,

Stock options for 63000 shares

$10 par value common stock

$25 per share and the option price was $20

Total compensation expense = $627000

On calculating we get,

$\Rightarrow\frac{627000}{3}= \$207,000$

We can conclude that there is $207,000 decrease. Therefore, the correct answer is option c.

3 0

3 years ago

Teamwork processes have a moderate positive effect on ________ and a strong positive effect on ________.

Salsk061 [2.6K]

Teamwork processes have a moderate positive relationship with team performance and a strong positive effect on team commitment.

<h3>What is team relationship?</h3>

This is a relationship that exist within a team which brings about progress to an organization.

An effective team work would create an enabling work environment hence enables team member become more effective and efficient.

Hence, teamwork processes have a moderate positive relationship with team performance and a strong positive effect on team commitment.

Learn more about team relationship here : brainly.com/question/26491505

5 0

2 years ago

Brian owns a company that makes inexpensive replacement parts for bicycles. He's ready to increase the scale of his business and

mina [271]

Answer:

His ads can appear on websites relevant to bicycles, and therefore connect him to his potential audience.

Explanation:

Search engine optimization in marketing involves including keywords in the content so that when users search for materials related to such content, the content would appear among the relevant results. For businesses that want to improve the sales of their products by making use of Google Display Ads, it is important to use keywords as the content of the advertising so that the advertisements can appear on websites relevant to the potential audience.

The main goal of advertising would be defeated if the products are marketed to people who have no interest in them. If Brian's bicycles are marketed on a website containing content for children, it would be difficult for him to make sales. Google Display Ads ensure that the right audience see the advertisements.

3 0

3 years ago