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Sav [38]
2 years ago
5

If a manager designs the shoe department in a manner that one of its private-label pairs of shoes, priced at $39.99, is position

ed next to a well-known national brand of shoes priced at $69.99, what strategy is the manager attempting to accomplish?
Business
1 answer:
Mandarinka [93]2 years ago
4 0
<span>This is reference pricing. The store-brand of the shoes is placed close enough to the national, name-brand that the customer can see the difference in the two prices. This gives the customer a reference point to see how much they might actually be saving by going with a private-label product.</span>
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d. government revenues equal government expenditures.

Explanation:

A balanced budget refers to a situation in which earnings are equal or greater than the expenses. Usually this term is used when talking about government budget and this is a budget that has no deficit and that it is possible than can have a surplus which helps to avoid leaving big debt for the future that can posses problems. According to this, a balanced budget is present when government revenues equal government expenditures.

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3 years ago
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In today's business environment, companies have to find ways to remain profitable by coping with increased competition and rapid
eimsori [14]

Answer:

<u>Greater</u>

Explanation:

  • However, as the organizations come in different types of divisions of levels in organizations like the First middle and top level of management. thus the managers are classified as hierarchical structures, like a matrix of structure like the horizontal, vertical and diagonal.
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3 years ago
A firm operated at 80% of capacity for the past year, during which fixed costs were $210,000, variable costs were 70% of sales,
Fittoniya [83]

Answer:

The answer is: $90,000

Explanation:

We must first determine the cost of goods sold:

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I will assume all fixed costs are operating expenses.

Then we elaborate a simple income statement:

Sales                           $1,000,000

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Gross profit                   $300,000

<u>Operating expenses    ($210,000)   </u>  

Operating profit             $90,000

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3 years ago
During January, Luxury Cruise Lines incurs employee salaries of $2.9 million. Withholdings in January are $221,850 for the emplo
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Explanation:

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(Being the employer-provided fringe benefits is recorded)

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(being the employer payroll taxes is recorded)

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