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Dmitrij [34]
3 years ago
10

Nintendo chose a ___________ approach to pricing for a new game console because they felt the market for this product was price

sensitive, there are major economies of scale to be achieved, and both sony and microsoft would be introducing new game systems shortly
Business
2 answers:
OverLord2011 [107]3 years ago
7 0
Nintendo chose a penetration approach to pricing for a new game console.The penetration approach means that Nintendo offered a low price for the new product (the console) or service during <span>its initial offering, </span>because they <span>expect that customers will switch to the new brand because of the lower </span>price.
Bingel [31]3 years ago
3 0
<span>Premium Pricing approach, it is premium pricing because they want to capture the feeling of value for the consumer, the price needs to be high enough that people believe it is a premium product based purely on its price, but low enough to ensure people will actually buy it.</span>
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Miss Kitty's Chocolate Corral is located in an out-of-the-way small shopping center. However, the company enjoys outstanding bus
juin [17]

Answer:

D. Word of Mouth

Explanation:

Word of mouth also referred to as viva voce, is the passing of information from person to person using oral communication,

Word of Mouth can be as simple as telling someone the time of day.

An Example of Word of mouth is Storytelling; A common form of Word Of Mouth communication where one person tells others a story about something that really happened or a fictional event.

In marketing, Word of Mouth is An unpaid form of promotion or advertisement in which satisfied customers or users of a particular product or services tell other people how much they like a business, product or service.

Word of Mouth advertising is very important for every business, because each happy customer can steer dozens of new customers to come and patronise you.

From the question, Kitty's company are making good sells and have many customers despite their location because of the positive and delightful things their satisfied customers say about them to other people. Thus Miss Kitty is benefiting from A positive Word Of Mouth.

8 0
3 years ago
The following transactions involving intangible assets of Minton Corporation occurred on or near December 31, 2017. 1. Minton pa
kvv77 [185]

Answer and Explanation:

As per the data given in the question,

The journal entries are shown below:

A. On the date of transaction

1. Franchise A/c Dr. $400,000

          To Cash Cr. $400,000

(Being cash paid is recorded)

2. Research and development expense A/c Dr. $600,000

              To Cash Cr. $600,000

(Being cash paid is recorded)

3. Patents A/c Dr. $180,000

            To Cash Cr. $180,000

(Being cash paid is recorded)

4. Patents A/c Dr. $140,000

          To Cash Cr. $140,000

(Being cash paid is recorded)

5. Legal fees expense A/c Dr. $480,000

        To Cash Cr. $480,000

(Being cash paid is recorded)

6. Patents expense A/c Dr. $252,000

        To Patents Cr. $252,000

(Being patent expense is recorded)

7. Research and development expense $104,000

            To Cash Cr. $104,000

(Being cash paid is recorded)

B. Journal entries on Dec-31, 2018

1. No journal entry is needed

2. No journal entry is needed

3. Amortization expense A/c Dr. $18,000

             To Patents Cr. $18,000

(Being the amortization expense is recorded)

4. Amortization expense $35,000 ($140,000 ÷ 4 years)

             To Patents Cr. $35,000

(Being the amortization expense is recorded)

5. No journal entry is needed

6. No journal entry is needed

6 0
2 years ago
historically, inequities in the amount of money avaliable to local school districts in texas have been the result of
Yuliya22 [10]

Historically, inequities in the quantity of money available to local school districts in Texas have been the effect of

wide deviations in the value of taxable possessions among districts.

<h3>Are all Texas schools ISD?</h3>

Almost all Texas school districts use the title "Independent School District", or ISD. But for Stafford, those few districts that do not have "ISD" in their names are however ISDs.

<h3>Can you live in one school neighborhood and go to another in Texas?</h3>

Generally, a child must obey the school district in which he or she resides. School districts can make transfer arrangements to accept each others' students. Transfer arrangements may also result from wealth-sharing arrangements underneath Chapter 41 of the Texas Education Code.

To learn more about school districts visit the link

brainly.com/question/10305457

#SPJ4

6 0
1 year ago
LO 8.5Identify several causes of a favorable material quantity variance.
yan [13]

Answer:

Possible causes of material quantity variance:

1. The use of sub-standard material

2. The use of unskilled labour

3.  Wastage of material

Explanation:

Material quantity variance is the difference between standard quantity and actual quantity used multiplied by standard price. The use of sub-standard material reduces the quality of output thereby resulting to unfavorable material quantity variance.  The use of unskilled labour also leads to unfavorable material quantity variance. Wastage of material                                                  due to low quality of inputs also results to unfavorable material quantity variance.                                                                        

3 0
3 years ago
Assume that the marginal cost​ (MC) of production is increasingincreasing. Can you determine whether the average variable cost​
ki77a [65]

Answer:

YES - When marginal cost​ (MC) of production is increasing, the average variable cost​ (AVC) is increasing.

Explanation:

Marginal cost (MC) is the cost of producing an extra unit of output while Average variable cost (AVC) is the cost per unit of output produced.

When MC is below AVC, MC pulls the average down. This means that when MC is falling, AVC is falling

When MC is above AVC, MC is pushing the average up; therefore when MC is rising, AVC is rising.

The conclusion is that MC and AVC have a direct relationship and a rise in one will cause a rise in the other , therefore when the marginal cost​ (MC) of production is increasing, the average variable cost​ (AVC) is increasing.

3 0
3 years ago
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