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Brut [27]
3 years ago
9

"Mark Williams has suggested the continuance of premium pricing for Rich Roast Coffee. Explain the strategic role of premium pri

cing, and describe the economic circumstances in the marketplace that would encourage the use of this pricing strategy"
Business
1 answer:
Eddi Din [679]3 years ago
3 0

Answer:

The strategic role of premium pricing is to create the perception that the products is superior to other competing products.

Explanation:

A premium pricing sets the price of a product higher than competing products. This strategy will automatically make the product stand out.

The economic circumstances that would encourage this pricing strategy include high demand for this particular product as well as a larger addressable market for it.

Generally speaking, increasing the price will also create better customer service, PR and clout. That will create an emotional connection with potential customers.

Creating and maintaining a premium brand with a steady and increasing premium patronage is the goal as suggested by Mark Williams for Roast Coffee.

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It is true that the goal received by regional manager Farrah, to reduce the company's costs in the next three years corresponds to an example of a strategic objective.

<h3 /><h3>Strategic planning</h3>

It corresponds to a document where the course of actions that will cover the medium and long term organizational are detailed so that the stipulated objectives and goals are achieved.

Therefore, the strategic objectives of a company will be contained in the strategic planning, and can be understood as the definition of the results that it intends to achieve in a period of time, to increase the vision and the organizational results.

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2 years ago
Marking brainliest! What is an example of a public corporation?
stepladder [879]

Answer:

Library

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2 years ago
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natural disasters can happen at any time and have unknown or incalculable effects. based on information from subject matter expe
Ksivusya [100]

0.013 is the annualized rate of occurrence (ARO) for a natural disaster affecting an organization.

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3 0
9 months ago
True or false A coupon is the stated interest on a corporate, municipal, or government bond.
dem82 [27]
This statement is true. A coupon rate is a stated interest on a corporate, municipal, or government bond. A bond is a contract to repay the borrowed or owed money and all of its interests for any future investments.
8 0
3 years ago
National Bank quotes the following for the British pound and the New Zealand dollar: Quoted Bid Price Quoted Ask Price Value of
Snowcat [4.5K]

Answer:

$15.43

Explanation:

Following actions are required for triangular arbitrage:

Available: $ 10,000

Buy sterling pound @ 1 $ = 1.62 pounds and receive pounds 6172.84 upon conversion.

Now, sell these pounds and purchase NZ $ at the rate :

1 pound = NZ $ 2.95 and receive NZ$ 18209.87

Now, reconvert the above proceeds into US $ at the rate

1 NZ $ = $0.55 i.e sell NZ $ at this rate and receive US $ 10,015.4285

Hence profit from implementing triangular arbitrage is $10,015.43 - $10,000

= $15.43

Arbitrage refers to the prospect of earning a profit by utilizing the mispricing in two different financial markets. An arbitrageur never uses his own funds and always borrows.

Arbitrage works only in the scenario wherein the interest rate purchase parity (IRPT) does not hold good.

The strategy of arbitrage is best explained as "Buy at low price and sell at a high price".

 

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