Answer:
Market Skimming
Explanation:
Market skimming is a pricing technique whereby producers and organizations set high introductory prices in order to attract buyers with strong affinity for the products and who possess the resources to buy it, Then over time continue to gradually reduce to products so others in the market could afford it. It is also known as price skimming, involves setting high prices for a product just launched in the market. A highly selective market is where techniques like this thrives.
Measure probability and severity
ICANN is the organization at the top-level authority for supervising domain name requests. ICANN stands for Internet Corporation for Assigned names and Numbers which makes sure that the domain names are safe and maintained well when you look through web pages on the internet. They are a nonprofit organization that coordinates and manages domain requests.
Answer: Financial
Explanation: Financial risk is any several categories of risk correlated with the research of money and how it is used, a treaty or process of passing a message which is held between a customer and a seller to trade aid to expenditure which involve organization loans in hazard of failure to meet circumstances of the loan.
Answer:
$38,880
Explanation:
The calculation of direct material to be purchased is shown below:-
Direct materials to be purchased = (Budgeted Production × Number of raw material per unit) + Ending inventory - Beginning inventory
Direct materials to be purchased = (870 × 44) + 4,500 - 3,900
= $38,280 + 4,500 - 3,900
= $38,880
So, for calculating the direct material to be purchased we simply applied the above formula.
