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Aleksandr [31]
3 years ago
7

Decision Point: Your Final Meeting: RC Helicopter Piloting Radio controlled helicopter Your next client is Alan, who runs a high

-tech toy company. He has some concerns: "We have a radio-controlled (RC) helicopter that’s been in the market for about 4 years. It was a smash in the market when it was launched, but honestly, it’s kind of outdated now. Let’s face it, fixed pitch RC helicopters aren’t exactly top-of-the-line anymore. The good news is that most of our competition is off the market. The bad news is that our sales have sunk like a rock, and we’re sitting on a lot of inventory. What do you think we should do to pick up the most sales?" Select an option from the choices below and click Submit.
Business
1 answer:
hoa [83]3 years ago
8 0

Answer:

Leave the price alone. Although it may lack some of the features that competitors’ models have, the Boss brand is well-recognized and well-respected in the market

Explanation:

You chose to lower the price to $359.That was the best choice.During the maturity stage of the product life cycle, increased competition eventually forces price cutting, and market share leadership may outweigh profit as a pricing objective, so this is a good option. However, it would take some research to determine whether the company can still make a profit at this price.

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The following information is from Princeton Company's comparative balance sheets.
allochka39001 [22]

Answer:

cash received = $ 240,000

Explanation:

On calculating the common stock $10 par

Beg. balance - $ 118,000

                      $6,000      - Issuance of common stock

Thus the ending balance = $124,000

On calculating the paid in capital in excess of par

Beg. balance - $ 351,000

                      $ 234,000 - Issuance of common stock

Thus the end balance - $ 585,000

Therefore,

The cash received - $ 240,000

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About (a) A manager must select three coders from her group to write three different software projects. There are 7 junior and 3
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168 ways .

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Which of the following is recommended when paying a credit card bill?
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Answer:

C. Pay more than the minimum amount every month.

Explanation:

Because credit cards have very high interest rates, and the interest is compounded every day, it is recommended to pay more than the minimum amount every month, so that the total credit card bill is paid out more quickly.

What happens when you pay more than the minimum amount every month is that you are paying not only the interest and principal that is due, but you are also paying additional principal. This additional principal payment is what will reduce the amount that will need to be paid in the future.

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Suzanne is excited about a black friday sale in which big-screen tvs are advertised for only $400. however, when she gets to the
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Bait and Switch

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