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
atroni [7]
3 years ago
12

A company introduces a new product in the market. The company decides that the only way it could attract customers is to keep th

e price of the product lower than what its competitors charge. What advantage would the company enjoy because of the strategy it proposes to follow?
Business
2 answers:
8_murik_8 [283]3 years ago
7 0

Answer:

Company would make more money than other companies.

Explanation:

Because customers would buy more.

topjm [15]3 years ago
4 0
Lowering prices leads to higher sale volumes , making up for the lower profit margin .
You might be interested in
Making formal statements, holding rites and rituals, utilizing employee training and coaching, demonstrating how a leader reacts
Genrish500 [490]

Answer:

Effect Corporate Change

Explanation:

Making formal statements, holding rites and rituals, utilizing employee training and coaching, demonstrating how a leader reacts to a crises, being a role model, and giving rewards, promotions, and bonuses are some of the teaching methods that organizations can utilize to effect corporate change. Change is one of the important and most difficult process for any organization. It needs to be carried out slowly as it has been manifested in the above given statement as well. Employees need to be given training, promotions, rewards and bonuses, they must be listened, their concerns should be addressed in order to make change process easy and smooth.

8 0
3 years ago
Assume you are the CFO of a factory that supplies product to a large well-known retail chain. It is your company's policy, and t
Molodets [167]

Answer: It is not ethical

Explanation:

Ethics is defined as a moral philosophy that is good for individuals and the society at large.

The basic principles of ethics are objectivity , professional due - care and competence, professional behavior , integrity and confidentiality.

The act of intimidation by the retail chain is un ethical as it is not to the benefit of the suppliers, Moreover , this act violates the principle of professional behavior and integrity.

A good ethical practice respects the trading policies of business partners.

6 0
3 years ago
Operations management is applicable: Question 4 options: A) mostly to the service sector. B) mostly to the manufacturing sector.
erica [24]

Answer and Explanation:

E) to all firms, whether manufacturing or service.

3 0
3 years ago
What are the benefits of hiring a teenage worker?
stealth61 [152]
Seen as it may be 1 of there first jobs you can pay them less because they don't have as much experience as someone has has worked in the job for years
3 0
3 years ago
Read 2 more answers
Santana, Inc. reports the following liabilities (in thousands) on its January 31, 2014, balance sheet and notes to the financial
deff fn [24]

Answer:

$22,577.1

Explanation:

SANTANA INC.Balance Sheet (Partial)January 31, 2014

Current liabilitiesNotes payable $2,563.6

Accounts payable $4,263.9

Current portion of mortgage payable $1992.2

Warranty liability $1,417.3

Unearned rent revenue $1,058.1

Salaries and wages payable $858.1

Income taxes payable $265.2

Total current liabilities $12,418.4

Long-term liabilitiesMortgage payable$6,746.7

Bonds payable $1,961.2

Accrued pension liability$1,115.2

Notes payable $335.6

Total long-term liabilities $10,158.7

Total liabilities $22,577.1

($12,418.4 +$10,158.7)

3 0
3 years ago
Other questions:
  • Malkin corp. has no debt but can borrow at 8.75 percent. the firm’s wacc is currently 16 percent, and there is no corporate tax.
    13·2 answers
  • Jin opens her meeting presentation by saying, "hello, i'm jin, and i will be talking with you about doing business in the countr
    10·1 answer
  • Jose does not have a retirement plan at work. He currently earns $30,000 in salary and is in the 15% marginal tax bracket. If he
    7·1 answer
  • A business renders services to a client and issues a sales invoice. The amount will be collected from the customer at a later ti
    12·1 answer
  • Identify which of the arguments for restricting trade that each of the following rebuttals directs against. Rebuttals The Jobs A
    5·1 answer
  • Matching the characteristics of a product to a customer's needs and wants is called
    9·1 answer
  • Manning Company uses the allowance method. At the end of its first year of operations, the company estimates that it will not co
    11·1 answer
  • You are an economic consultant and have been contacted by an official from a developing country. She tells you that her country’
    5·1 answer
  • Thomlin Company forecasts that total overhead for the current year will be $13,502,000 with 157,000 total machine hours. Year to
    15·1 answer
  • In reviewing the purchase request package, you should ensure finding is available and?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!