1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
luda_lava [24]
3 years ago
5

Why do companies lower product prices and offer free samples?

Business
2 answers:
shtirl [24]3 years ago
4 0

Answer:

A.to find out what people want in a product

Explanation:

Companies lower the value of products in a variety of ways, the main one being when demand falls. Free sample offering typically occurs when companies want consumers to test their products. This is mainly when new products are launched. A strong corporate strategy is to associate the price drop with the offer of free samples. This will cause the company to test consumer taste at the same time and to evaluate the demand for the product tested at a certain price. If the product is well accepted by consumers, in the future the company may raise the price if the demand for the product is high.

Lemur [1.5K]3 years ago
3 0
The best choice here is A) They give out the samples and free trials as a test to see how common it is for people to be interested in their product.
Hope this helps
You might be interested in
Orion would like to go on a trip to Ireland in two years. He wants to have $3,000 for the trip, so he is planning to invest mone
denis-greek [22]

Answer:

The answer is: If Orion wants to have $3,000 in two years, he must invest $2,572.02 today

Explanation:

To determine how much money Orion has to invest today in order to have $3,000 in two years, considering he will get an 8% compound interest rate, we can use this formula:

P = FV / (1 + r)²    

Where:

  • FV = $3,000
  • r = 8%

P = $3,000 / (1 + 8%)²

P = $3,000 / 1.1664

P = $2,572.02

4 0
3 years ago
It's a good idea to call a day or two in advance to confirm your appointment. <br> True <br> False
ki77a [65]

Answer:

true

Explanation:

5 0
3 years ago
Instructions: Read the Grand View Grocers Corporation case below.
Natali5045456 [20]

<u>Solution and Explanation:</u>

The following would be the specifications of the training module for the cashiers:

1. There would be multiple modules consisting of the job responsibilities as refresher courses and at the same time, the new market conditions and additional job related things that they must be doing in the near future would be the other modules.

2. The key areas that the multi module training program would be focussing on would be, customer relationship training, system and data maintenance training, documentation and accounting module

3. The training intervention would be preferably on job and alongside there would be a mentor/coach allotted to the cashiers who are experts in the field preferably store managers and functional experts. For the system related modules, they would be having simulation based modules. Only during the non rush-hours there would be offline training and update sessions with respect to the progress made on their training and the productivity improvement they have achieved over the past week.

The incentives associated with the productivity improvement would be translated into incentivising the cashiers to take up the training modules. The weekly update on the productivity improvement and the progress in their training would inturn make them competitive in nature. While coming to why such distribution has been done with respect to the modules, essentially if we look at the job of the cashiers, it’s a round the clock job and they would lose out on precious working hours if the training is done on an offline basis.

The simulations would definitely help understand the process but the on job training would be the one that is standing out, as they would be continuing their task and at the same time, the result is right in front on them to experience and therefore the distribution of the modules to not stress them out and at the same time not losing out on their time as well.

6 0
3 years ago
Tanner is choosing between two​ mutually-exclusive investment options. These options have absolutely no​ risk, and Tanner can al
Reika [66]

Answer:

D) Tanner should be indifferent between the two investments, since both are equivalent to the same amount of cash today.

Explanation:

Here are the options to this question:

A) $531.40 later today, since $1 today is worth more than $1 in one year.

B) $550 in one year, since it is $50 more than he invested rather than $31.40 more than he invested.

C) Neither - both investments have a negative NPV.

D) Tanner should be indifferent between the two investments, since both are equivalent to the same amount of cash today.

Net present value is the present value of after tax cash flows from an investment less the amount invested.

NPV can be calculated using a financial calculator:

For the first option:

Cash flow in year 0 = $500

Cash flow in year 1 = $550

I = ​ 3.5%

NPV = $31.40

For the second option:

NPV = $631.40 - $600 = $31.40

The npv of both options are equal and postive. So, Tanner should be indifferent between the options.

To find the NPV using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

I hope my answer helps you

5 0
4 years ago
Who needs help with your work? if you need help just tell me in the thang blow.
Anon25 [30]

Answer:

Not me.

Explanation:

Have a nice day.

6 0
3 years ago
Read 2 more answers
Other questions:
  • You are planning to save for retirement over the next 30 years. To do this, you will invest $750 per month in a stock account an
    6·1 answer
  • The Chart Company has a process costing system. All materials are added when the process is first begun. At the beginning of Sep
    13·1 answer
  • The idea that investors today compare the returns on bonds with differing times to maturity to see which is expected to give the
    11·1 answer
  • Present and future value tables of $1 at 3% are presented below
    5·1 answer
  • What is the ultimate purpose of the system of checks and balances?
    13·1 answer
  • Xcel when intentional concealment is involved, what course of action is the injured party entitled to?
    8·1 answer
  • On the basis of the information, and assuming trade occurs between the three states, we can expect Multiple Choice Washington to
    13·1 answer
  • What is the impact on the accounting equation when an accounts receivable is collected?
    14·1 answer
  • When a user sends a reply to a message, what is the user sending
    8·2 answers
  • A product sells for $275 per unit, and its variable costs are 68% of sales. The fixed costs are $345,600. What is the break-even
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!