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kipiarov [429]
3 years ago
14

Campbell's soup offers a temporary price reduction to all grocery stores on the West Coast during the weeks of June 15th to July

23rd, with the expectation that the price savings will be passed along to their customers. This practice is called:__________.
a. slotting allowances.
b. off-invoice allowances.
c. bill-back display allowances.
d. bill-back allowances.
Business
1 answer:
insens350 [35]3 years ago
4 0

Answer:

Off - invoice allowance

Explanation:

Off - invoice allowance

It is type of allowance that offer retailer to market quantities of item for a particular period of time. The main purpose of this bills is to cope up with competition and to advertise new product in the market.

It is a reduction in price made by manufacturer to retailer so to promote their product in a faster way.

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Trout farming is a perfectly competitive industry and all trout farms have the same cost curves.
Diano4ka-milaya [45]

Answer:

(i) The farm can cover its revenue using its total variable cost, therefore the farm will continue producing 200 units

(ii)  The farm cannot cover its revenue using its total variable cost, therefore the farm will shut down

(iii)  The two relevant points on supply curve will be: (Price = $12 & Quantity = 0) and (Price = $25 & Quantity = 200)

Explanation:

(i)According to given data,  When output is 200 but price is $20, this price is equal to ATC, so the farm breaks even. But since this price is higher than AVC of $15, the farm can cover its revenue using its total variable cost, therefore the farm will continue producing 200 units.

(ii) When output is 200 but price is $12, this price is equal to ATC, so the farm makes economic loss. Also, this price is lower than AVC of $15, so the farm cannot cover its revenue using its total variable cost, therefore the farm will shut down.

(iii) The farm's supply curve is the portion of its Marginal cost (MC) curve above the minimum point of AVC. Since price equals MC, the two relevant points on supply curve will be: (Price = $12 & Quantity = 0) and (Price = $25 & Quantity = 200).

4 0
3 years ago
Introduction of checks into the payments system reduced the costs of exchanging goods and services. Another advantage of checks
sweet-ann [11.9K]

Answer:

they provide convenient receipts for purchases

Explanation:

Checks payment is a form of paying bills. They were created to allow people to make payments without carrying large amounts of cash hence convenient for purchases.They are also  are safer than other forms of payment as they are traceable; when a transaction occurs and payment is made by checks, banks usually make copies of each check and the owner remains with an underlying copy from the check book.  

6 0
3 years ago
In his job, Damon often identifies causes of problems with telecommunication equipment. Which is most likely his employer?
Nonamiya [84]

Answer:

B) a local cable company

Explanation:

A local cable company provides communication services using underground cables. Service offed by a cable company includes televisions, internet connectivity, and telephone services. Such a company needs communication equipment to facilitate signal and message transmission.

Damien repairs communication equipment. He probably works for a local cable company.

7 0
2 years ago
The manager of the bank where you work tells you that the bank has $300 million in deposits and $255 million dollars in loans. I
tigry1 [53]

Answer:

The bank is holding $19.5 million in excess reserves.

Explanation:

If the bank has $300 million is deposits and the reserve ratio is 8.5% then the bank needs to have minimum reserves of 8.5% of 300 million so the minimum reserves are 0.085*300 million = 25.5 million

How ever the actual reserves of the bank is the difference between deposits and loans. The deposits are 300 million and loans are 255 million so the actual reserves are 300 million-255 million= $45 million

Excess reserves is the difference between the actual reserves and the minimum reserves so 45 million - 25.5 million = 19.5 million.

4 0
3 years ago
Which method of entering international markets generally involves the least risk?
Alex17521 [72]

Answer:

<em>Exports</em>: Exporting your products directly to the international market is the least riskiest methods for the organisations in going global and reaching international customers.

Explanation:

Why organisation goes in the international markets

An organisation enters in the international market to expand its operations, increase its sales, consequently, increase profits.

Possible available methods to enter international markets

There are many possible methods available by which an organisation can enter in the international Markets, which are manifested below:

1: Exporting your own products to international market

In this method, an organisation produce their own products locally in their own premises and factories and start sending and selling them to the other markets worldwide.  

2: Hiring agents in the international market or having contracts with them

In this method, an organisation tries going international by contacting some foreign agents. Afterwards, it depends whether to hire them temporarily or permanently, or to have some mutual contract with them for selling their products in that market. Moreover, it also depends if they want to get their product manufactured in that country or not.

3: Going global by Franchising/Licencing, Strategic Alliance, Joint Venture or opening Foreign Subsidiary directly.

Here, organisation goes global by giving the exclusive rights of producing its products, using its brand name and selling them in the foreign market, by franchising/licencing. (Franchising is purely a term used for the companies who deal with the products which also needs to be manufactured, whereas, Licencing is used for the service organisation)

In strategic alliance, an organisation joins hands with other foreign organisation(s) and become business partners to achieve some agreed upon results while remaining independent entities.

In Joint venture organisations create a totally new company by pooling their resources, capabilities and expertise sharing all the profits and risks.

In Foreign subsidiary, an organisation from the local country, set up its an entirely new unit, premises and operational facilities there in the foreign country by utilizing its own resources.

Which Method is the least Riskiest and why?

As it has been manifested above that what each method entails, and what is required in each method. Exporting your goods directly from your country to the international market by having them manufactured locally is the last riskiest because you have control of your own operations, products, manufacturing facilities, quality, furthermore, no additional investment is needed to look after your foreign operations at all, therefore, much less risk is involved here in <u>exporting</u> as compared to the all other available methods.  

3 0
3 years ago
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