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Sav [38]
3 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]3 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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Malone Imports stock should return 12 percent in a boom, 10 percent in a normal economy, and 2 percent in a recession. The proba
Rufina [12.5K]

Answer:

6.11%

Explanation:

For computing the variance, first we have to determine the expected return which is shown below:

= (Expected return of the boom × weightage of boom) + (expected return of the normal economy × weightage of normal economy)  + (expected return of the recession × weightage of recession)

= (12% × 5%) + (10% × 85%)  + (2% × 10%)  

= 0.6% + 8.5% + 0.2%

= 9.30%

Now the variance would equal to the

= Weightage × (Return - Expected Return) ^2

For boom:

= 5% × (12% - 9.3%) ^2

= 0.3645

For normal economy:

= 85% × (10% - 9.3%) ^2

= 0.4165

For recession:

= 10% × (2% - 9.3%) ^2

= 5.329

So, the total variance would be

= 0.3645 + 0.4165 + 5.329

= 6.11%

4 0
3 years ago
The ______technique for group decision making in which discussion is structured and the final solution is decided by silent vote
alukav5142 [94]

Answer:

The correct answer is nominal group technique.

Explanation:

This nominal group technique is a type of brain storming where structured meetings are being held among the members, where they will try to take out the solutions to the problems identified by them, and thus facilitating decision making. The meetings are structured here because the goal is to make sure the meetings are not dominated by few individuals and the silent members also share their thoughts and ideas with the rest of the group.

5 0
4 years ago
the term service economy is used to describe the trend in which business have shifted from primary production and manufacturing
Aleks [24]

Answer:

Yes. It is true. the shifting from manufacture to services is the idea implicit in the term "service economy"

Explanation:

The constant grow of services in the industrialization process lead to the creation of this economy.

7 0
3 years ago
Assume that the risk-free rate of interest is 3% and the expected rate of return on the market is 15%. I am buying a firm with a
kondor19780726 [428]

Answer:

The correct solution is "$6,564.01". A further solution is given below.

Explanation:

The given values are:

beta,

= 1.6

market return,

= 15%

cash flow,

= $2,000

risk free rate of interest,

= 3%

Now,

The stock return will be:

= 3+ 1.6\times (15-3)

= 3+ 1.6\times 12

= 22.2 \ percent

The actual worth of the firm will be:

= \frac{cash \ flow}{rate \ of \ return}

= \frac{2000}{22.2 \ percent}

= \frac{2000}{0.222}

= 9,009

With 0.8 beta, the stock return will be:

= 3+ 0.8\times (15-3)

= 3+ 0.8\times 12

= 12.6 \ percent

So that I'm paying for the firm,

= \frac{2000}{12.6 \ percent}

= \frac{2000}{0.126}

= 15,573.01 ($)

Hence,

I'm paying,

= 15,573.01-9,009

= 6,564.01 ($)

6 0
3 years ago
The growing integration of the world economy is:
lapo4ka [179]

Answer:

The correct answer to the following will be Option A.

Explanation:

They describe economic growth in an economy by an ongoing change in its future economic activity growth curve being dictated by an increase in domestic product nation's total demand.

Six factors are influencing economic growth, such as:

  • Natural resources.
  • Human, or technology capital.
  • Labor or population.
  • The Capital of Person.
  • Technology.
  • Law.

Therefore, the increasing integration of the global economy in a wide variety of production and manufacturing sectors is rising the frequency of competitiveness.

4 0
3 years ago
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