Imagine you having your own business, what would be your pricing strategy and why?

1 answer:

7 0

A good pricing strategy is difficult and it depends on what your doing/selling. You need to be reasonable with your prices or no one will buy them so you need to be extra careful when it come to pricing. For example DO NOT sell a tiny little sticker that’s barely the size of your hand for $10. That just would not be reasonable and no one will want to buy it so instead you should put the price at 1-3 dollars depending on the size and quality of the sticker.

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Gouda Company and Cheddar Company had the same sales, total costs, and income from operations for the current fiscal year; yet G

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Answer:

If both companies have the sames sales volume, total costs and income from operations, the reason why Gouda has a lower break even point is that their variable costs are lower. We use the contribution margin per unit to calculate the break even point and the contribution margin per unit = sales price - variable costs. The question states that total costs are equal, but it doesn't say anything about variable or fixed costs.

Assuming that Gouda is above break even point, each sale will generate a higher operating profit since the contribution margin is higher.

Explanation:

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2 years ago

Which of the following is most likely missing from your financial plan if you are not prepared for an emergency? a. financing b.

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I believe the answer is: Savings

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3 years ago

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Choosing stocks by searching for predictable patterns in stock prices is called ________.A. fundamental analysisB. technical ana

77julia77 [94]

Answer:

B. technical analysis

Explanation:

Technical analysis -

It is the method of predicting and examining the movement of price , in the financial market .

The method requires the use of past data , i.e. , the market statistics , previous price chart and tables .

hence , the correct answer for the given information , is B. technical analysis .

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3 years ago

Organizations periodically have an external entity review the controls so as to uncover any potential problems in the controls.

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Answer: information system audit

Explanation:

The information system audit is the process through which organizations periodically have an external entity which helps in reviewing the controls in order to uncover any potential problems in the controls

In order to know how effectivene the information system controls is, the information systems audit is vital. It is required to verify the accounting records of an organization as well as the financial statements.

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Suppose that capital becomes more productive. What would we expect to happen? Choose one:

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Answer:

D. The equilibrium interest rate and amount invested would both increase

Explanation:

Investment spending is a significant classification of actual GDP. Not exclusively is it the most unstable piece of real GDP; however, speculation spending on physical capital is additionally a significant supporter of financial development. Things being what they are, if a firm needs to construct another processing plant, where does it get the assets to assemble it? The investment of loanable assets depends on investment funds. The interest in loanable assets depends on getting.

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