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Mariulka [41]
3 years ago
10

You are the sales manager for a software company and have been informed that the price elasticity of demand for your most popula

r software is less than 1. In order to increase total revenues from that product, you should___________.a. increase the price of the softwareb. decrease the price of the softwarec. hold the price of the softwared. increase the supply of the software
Business
1 answer:
sesenic [268]3 years ago
7 0

Answer:

a. increase the price of the software

Explanation:

If I were the sales manager for a software company and have been informed that the price elasticity of demand for your most popular software is less than 1. In order to increase total revenues from that product, I will increase the price of the software.

The reason for such decision is based on the fact that when the price elasticity of demand of a product is lower than 1, an increase in the price of that product results in an increase in revenue for the seller.

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in supply chain The competitive characteristics that persuade a customer to choose one company's products over those of another
Stella [2.4K]

Answer:

correct answer is Order winner

Explanation:

in the supply chain, every firm want more profit  

for more profit, they want  increase their supply chain and sell more product  

so in this competitive characteristics customer choose 1 company product over another company with their attractive offers  

so as that order winder is special products and service that attribute desire from the customers that enable the company to win by beating competition in the market  

so correct answer is Order winner

7 0
3 years ago
The necessity of marketing and advertising for any business
tekilochka [14]

Answer:

Marketing is important because it helps you sell your products or services, by advertising your business you are showing more people about it

Explanation:

4 0
2 years ago
Why might legal rules be insufficient for fulfilling one’s ethical responsibilities? Research current events to identify and bri
Sidana [21]

Legal norms and ethical norms are not same and sometimes not agreeable also. Some ethical norms may be wrong legally but some legal norms may be wrong ethically.

<u>Explanation:</u>

The law is set of rules that guide our conduct in society and enforceable through public agencies. For business environment, law provides important guide to make ethical decision making. But sometimes the norms which are ethically right are illegal and sometimes legal norms are unethical.

The example of cases which are ethically right but legally wrong are cheating in taxes or driving over the speed limit or spitting by the road side. The example of cases which are ethically wrong but legal right are falsifying financials, misleading markets and many more.

4 0
3 years ago
A manufacturing company incurs depreciation costs of $6,000 per month on manufacturing machinery. The depreciation cost per unit
klasskru [66]

The depreciation cost per unit is $3.

<h3>What is the depreciation cost per unit?</h3>

Depreciation is the process used to expense the cost of an asset. Depreciation is the reduction of the carrying value of an asset. Depreciation occurs as a result of the wear and tear of an asset.

The depreciation cost per unit can be determined by dividing the total deprecation by the units manufactured by the company.

The depreciation cost per unit = depreciation cost / units manufactured

$6000 / 2000 = $3

To learn more about the activity based depreciation method, please check: brainly.com/question/27303607

#SPJ1

4 0
2 years ago
If an employee expresses organizationally desired emotions during interpersonal transactions (irrespective of his true emotions)
notsponge [240]

Answer:

Emotional labor

Explanation:

Emotional labor is emotional management whereby an individual is ought to fulfill the requirement of his job processes, without attaching or expressing any of his/her personal emotions. Even during interactions with colleagues,customers and management.

There are various job roles requiring emotional labor such as; social work,medical care,law,public administration e.t.c

8 0
2 years ago
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