<span>The company is using market-penetration pricing.</span>
Answer: The following is true of performance management: <em><u>It focuses on analyzing employee performance by grouping them into predefined frequencies of performance ratings.</u></em>
Performance management are predefined activities that check whether the short term and long term goals are achieved in an effective and cost-effective manner. It also focus on the performance of an organization, a sector, an worker, or the activity.
<u><em>Therefore, the correct option is (a.)</em></u>
Answer:
promotion mix
Explanation:
Promotion mix -
In the marketing area , it refers to the method for marketing a particular goods and services with promotional variables , is referred to as promotion mix .
It is referred to as the subset of the marketing mix .
It helps to promote the product in the best manner , in order to achieve the best marketing result.
Hence, from the given information of the question,
The correct term is promotion mix .
Answer:
A business can improve its average contribution ratio and its overall profitability, by shifting its sales mix to include more products with high contribution margin ratios.
In this case American steel company shift in product mix is due to a higher proportion of export sales. This shift caused to decline net income of the company. This is because the contribution margin ratio on export sales may lower than the other product mix. So, the shift of product mix to low contribution sales will cause to decline the net income.
