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Mnenie [13.5K]
2 years ago
6

When Top-Flite introduced its Strata golf balls with a new design for better flight with hit by metal clubs, it charged three ti

mes the price of golf balls currently on the market. This high introductory pricing is an example of:
Business
1 answer:
KatRina [158]2 years ago
8 0

Answer: Price skimming

Explanation:

 The price skimming is one of the type of pricing strategy in which the various types of companies or firms initial charge the high price o the products and the services in the market and over the time they also lowers the price of the products.

Due to the various types of reasons such as competition in the market and also for the consumer satisfaction they change the price on the basis of the given situation.  

According to the given question, The top-Flite introduced a new design Strata golf balls and they charged the price three times high as compared to the other golf balls available in the market so this type of high introductory pricing is one of the example of the price skimming concept.

  Therefore, price Skimming is the correct answer.

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Calligraph Publishing Company has created a system for storing every piece of data about every one of its books, both those that
igomit [66]

Answer:

knowledge management                                

Explanation:

Knowledge management relates to the mechanism by which an organization's knowledge and information is developed, exchanged, used and controlled. This refers to a multidisciplinary approach by making the best use through knowledge to attain organisational goals.

Knowledge management activities usually focus on institutional priorities like better performance, competitive edge, creativity, experiences gained exchange, alignment and institutional quality improvement.

7 0
2 years ago
Information technology has been used to improve both internaland external access and sharing of information. Three main kinds of
Mashcka [7]

Answer:

1. Executive Information System (EIS).

2. Corporate Portal.

3. Intranet.

Explanation:

Information technology (IT) can be defined as a set of components or computer systems, which is used to collect, store, and process data, as well as dissemination of information, knowledge, and distribution of digital products.

An information technology (IT) interacts with its environment by receiving data in its raw forms and information in a usable format.

Information technology (IT) has significantly helped to improve both internal and external access and sharing of information between two or more business firms and individuals. Basically, there are three (3) main kinds of information technology (IT) which allow informations to be accessed and shared internally among employees; executive information systems (EIS), intranets, and portals.

1. Executive Information System (EIS): it assist managers working in an organization to monitor and analyze organizational performance. An Executive information system is also referred to as an Executive support system and it can be defined as a management support system that enhances and supports all of the senior executive information and decision-making process.

2. Corporate Portal: it's a hybrid system that uses a web address (uniform resource locator-URL) to give employees access to customized information and specialized transactions with respect to an organization.

3. Intranet: it's an internal company network which is private and provides employees with easy access to information.

8 0
2 years ago
If reserves in the banking system increase by $100, then checkable deposits will increase by $500 in the model of multiple depos
const2013 [10]

Answer:

d. 0.2

Explanation:

D = 500

R = 100

D*rr = R

500*rr = 100

rr = 100/500

   = 0.2

Therefore, The required reserve ratio is a 0.2

6 0
3 years ago
The determination of an exchange price acceptable to both the buyer and the seller of a product is called
antoniya [11.8K]

Answer: pricing

Explanation:

Pricing is the determination of an exchange price acceptable to both the buyer and the seller of a product.

When a seller is determining the price of a product, she considers cost of production, projected revenue, price of competitors, market condition and regulation.

A buyer would consider the quality of the product ,economic conditions and utility when deciding on the price to acquire a product.

The different types of pricing strategies are -

1. Penetration pricing - when prices are set very low to attract customers and to gain access into a market.

2. Premium pricing- when prices are set very high so that the product would appeal to certain consumers.

6 0
2 years ago
If a team uses wikis to collaborate on a​ report, the editing and upgrading of information should be done by​ __________.
astra-53 [7]
The answer to this question is the letter "E" which is the "anyone in the organization". Wiki is a blog or a website where anyone in the organization is allowed to access it to view and access materials and edit it. Hence, is a team uses wikis to collaborate on a report, the editing and updating of the report should be done by anyone in the organization.
3 0
3 years ago
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